TNT opens state-of-the-art sorting centre in Sao Paulo
TNT has opened its first sorting facility in Brazil this month, which is expected to dramatically improve processing times.
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TNT Brazil inks Reais 30MIL contract with Phillips
The Brazilian subsidiary of the logistics multinational TNT inked a contract with Philips to distribute the consumer electronics produced by the company nationwide. The three-year agreement involves Reais 30mil turnover per year.
Read MoreTNT forecasts R$1BIL income in Brazil
The Brazilian subsidiary of the logistic company TNT, which registered an income of R$237mil in 2002, 17% up 2001, plans to reach R$280mil, an increase of 20% this year. The group expects the automotive sector, which currently represents 80% of the turnover, to be responsible for 50% and the remainder 50% coming from the electronic products and consumer goods logistic division.
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