TNT Express invests EUR 14 million in Duiven International road hub
TNT Express – the world’s leading B2B express delivery company – has today announced a €14.3 million investment plan to expand capacity and upgrade facilities at its European road hub in Duiven, the Netherlands.
The planned expansion – to be completed by October 2005 – follows a significant increase in volumes since the hub first started operating in 1998. It will create around 100 new jobs over the next five years and clearly confirms the company’s commitment to the local area and to the development of its most important international road hub which handles 126,000 consignments and 5,700 tonnes of freight weekly.
The investment plan includes:
? Increased hub sortation space from 16,500 m² to 20,000 m²
? Sorting capacity will be doubled to 11,000 pieces per hour
? Extended office space and truck parking
? Increased number of loading docks from 80 to 116
? Improvements to staff and driver facilities
Additionally, the investment plan includes the purchasing of 25,000 m² of land adjacent to the hub to accommodate potential future expansion.
Christian Drenthen, Managing Director, Worldwide Networks, TNT Express, said: “This is a significant investment in one of the most important components of our global infrastructure. Increased capacity and better facilities at the European Road Network will play a key role in helping us achieve our strategic objective of being the leading European express company.”
For further information please contact:
Ian Whitaker or Naira Bhatty
TNT Central Press Office
Tel: +44 20 7491 2291
Email: [email protected] / [email protected]
Notes to editors
1. TNT Express is the world’s leading business to business express delivery company. The company delivers 3.3 million parcels, documents and pieces of freight a week to over 200 countries using its network of nearly 900 depots, hubs and sortation centres. TNT Express operates over 18,000 road vehicles and 42 aircraft and has the biggest door-to-door air and road express delivery infrastructure in Europe.
2. TNT Express employs 43,000 staff worldwide and is the first ever organisation to achieve global recognition as an Investor in People. The company reported sales in 2004 of €4.7 billion. Profits of €373 million earned by TNT Express during 2004 were higher by 35% than the same period in 2003 (€276 million). The TNT Express website is: www.tnt.com
3. TNT Express is a division of TPG N.V., the global provider of express, mail and logistics services which also operates TNT Logistics and Royal TPG Post. With headquarters in The Netherlands TPG employs over 162,000 people in 63 countries and serves over 200 countries. Revenues of €12.6 billion earned by TPG in 2004 were higher by 6.5% than the same period in 2003 (€11.8 billion). TPG N.V. is listed on the Amsterdam, New York, London and Frankfurt stock exchanges. The TPG website is: www.tpg.com
