TNT new contracts exceed billion euros

TNT Logistics has won two major logistics contracts in Italy. The first is a renewal of a contract with Fiat for its spare parts distribution business. The five year deal is estimated to be worth €1bn over its lifetime. The contract will include packaging, storage and delivery of spare parts to dealers in Europe, as well as warehousing activities in Italy, France, UK, Spain, Poland, Austria and Greece.

Less than a year ago, as part of a joint venture, TNT took over the entire inbound logistics for Fiat’s production in Italy. The car manufacturer is already TNT’s biggest single client accounting for about 12% of its revenues. In total 400 suppliers deliver their products through TNT, 1,890 TNT employees work for Fiat and the company manages 62,000 sq m of warehousing.

Also in the Italian market, the company has announced a three year contract with SMA, a supermarket division of Gruppo Rinascente. TNT Logistics will manage the logistics activities for non-seasonal items such as electronics and textile products and distribute to 150 outlets in the Italian regions of Lombardy, Veneto and Lazio. This builds on its existing relationship with Gruppo Rinascente for which it already provides food logistics services.

Relevant Directory Listings

Listing image

Escher

Escher powers the world’s first and last mile deliveries, helping Posts connect nearly 1 billion consumers with global ecommerce networks. Postal operators rely on Escher to deliver an enhanced retail and digital customer experience, to activate new revenue streams, and to realize new delivery economics. […]

Find out more

Other Directory Listings

Advertisement

Advertisement

Advertisement

P&P Poll

What's the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

Pin It on Pinterest

Post & Parcel
FedEx new facility “a crucial part of our strategy for the Netherlands”
Emirates Courier Express launched to “challenge the status quo”
Evri announces robot dog delivery trial
Deutsche Post issues Germany’s first recycled stamp
SingPost: key executives step down
FedEx new facility “a crucial part of our strategy for the Netherlands”
Emirates Courier Express launched to “challenge the status quo”
Evri announces robot dog delivery trial
Deutsche Post issues Germany’s first recycled stamp
SingPost: key executives step down
1
2
3
4
5
Listing image
Listing image
Listing image
Listing image
FedEx Express /TNT integration:  talks begin to resize European workforce
New regional president for FedEx Express Europe and CEO of TNT
Applications for the World Post & Parcel Awards are open
TNT Economy Express includes one-day transit times for selected destinations
Share This