TNT Logistics UK To Manage Home Delivery Services for Tesco Direct
TNT Logistics UK, a unit of Dutch mail and express deliveries group TNT NV, will manage the home delivery services of the recently launched Tesco Direct business of UK retailer Tesco Plc., TNT said on September 5, 2006.
Financial aspects of the deal were not disclosed.
Under the five-year contract between the two companies, TNT will run Tesco’s logistics operations from the new National Distribution Centre in Crewe, in the UK. TNT will also use six home delivery platforms between Glasgow and Exeter.
A total of 200 employees of TNT will be responsible for Tesco Direct home delivery.
[Editor’s note: TNT Logistics (www.tntlogistics.com), employing 35,000, posted sales of 3.5 bln euro (USD 4.506 bln). The unit manages over 7.0 million sq m of warehouse space and operates several transportation networks, according to its website.]
