TNT logistics to grow in Brazil
The control of the South American operations of TNT Logistics has recently changed hands. The aim is to expand TNT’ market share in electrical & electronic products and consumer goods logistic services. Over the 1997-2001 period, TNT turnover jumped from R$30mil to R$203mil. The goal is to reach R$230mil over this year. The Brazilian unit is in the market since 1997 and is controlled by the Dutch group TPG, headquartered in Amsterdam. The company has Fiat, General Motors, BSH-Continental as some of its main clients. It has recently inked a contract with the cigarettes producer Souza Cruz. Such contract will be a challenge for TNT as Souza Cruz moves 85bil of cigarettes per year in Brazil. The pilot-operation involves 15,000 deliveries and 29,000 km crossed per month.
