TPG wins Brazil Post contract
TPG, the Dutch mail, express and logistics company, announced that its TNT Express division has won a competitive open bid to distribute consignments sent through the new international express service of the Brazilian state post office, Empresa de Correios e Telegrafos. The contract, which will be signed shortly, is projected to generate more than $23.5 million in revenue over five years.
TPG said Brazilian customers will gain access to a reliable international door-to-door express delivery service, enabling them to be more competitive in overseas markets.
TPG also has partnerships with postal services in Chile and China.
Alan Jones, group managing director of TNT Express, said the partnership will not only strengthen both companies but also further help TNT Express to improve its position in Brazil.
TNT Express has been operating in Brazil for nearly 30 years, employing approximately 400 people and covering more than 350 cities in the country through its owned and partner network.
