TNT awarded five-year contract by Pitney Bowes for undisclosed sum

TNT NV said that its Logistics division has been awarded a five-year contract by US mailstream company Pitney Bowes.

Financial details were not disclosed.

TNT will handle logistical services for Pitney Bowes from its site in Belgium from the fourth quarter onwards.

The TNT Logistics division was recently sold to Apollo and is awaiting completion of the sale.

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