TNT wins 5-yr order from Karstadt Quelle worth over 100 mln eur

TNT NV said Karstadt Quelle AG has renewed and expanded a five-year contract worth over 100 mln eur with a unit of TNT’s Mail division, for the distribution of a variety of parcel consignments.

From 2006 onwards, it will deliver several million parcels each year for various KarstadtQuelle units in the Netherlands, including Quelle Nederland, Neckermann Nederland and Bonaparte.

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