TNT Logistics signs 3-yr contract with Grundfos worth undisclosed amount
TNT NV said its TNT Logistics division has signed a three-year agreement with Grundfos, a worldwide manufacturer of pumps, worth an undisclosed amount.
Under the terms of the contract, TNT Logistics will develop and implement supply chain solutions for Grundfos.
TNT Express and its TNT Freight Management unit also signed the agreement, because Grundfos recognised the added value of their network capabilities in the supply chain, TNT said.
No financial details were disclosed.
