Four Soft in deal with TNT Express

This is the first major deal that Four Soft, which is already the largest supplier of software solutions to the global logistics industry, has struck with TNT.

The company, which had posted a 274-per cent increase in its consolidated revenues at Rs 58 crore during the first three quarters of this year, already supplies products to DHL and Kuehne & Nagle.

Hyderabad-based logistics and transportation software company Four Soft announced on Tuesday that it had bagged a contract to provide business intelligence software for the $6.5-billion global logistics giant TNT Express.

Company officials said the initial deal is estimated at $100,000-150,000, but is likely to have a long-term impact on the company’s revenues, as it operates on a per-user license-fee model.