Tag: Brazil

TNT acquires Mercurio, the express market leader in Brazil

TNT today announced the completion of its acquisition of 100% of the shares of Expresso Mercúrio S.A. (Mercúrio), the market leader in the Brazilian domestic express market. The acquisition provides TNT with an ideal platform to further develop an integrated South American road express network. Parties do not disclose further details on the price of this cash funded transaction.

Mercúrio leads the Brazilian domestic express market with a market share of 15%. In 2006, revenues of Mercúrio are expected to amount to around EUR 190 million. Mercúrio has developed the largest owned network in South and Southeast Brazil connecting 3,300 cities and has been expanding its reach into the Northeast since 2004, fulfilling its ambition of nationwide coverage. Its leadership was established by offering a high quality product portfolio with, among others, day definite services and track and trace. Mercúrio has a broad, diverse and loyal customer base in the domestic express market. The company employs over 6,000 employees and has a well developed network with 101 depots and 2,044 vehicles.

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First Latin American Mail and Express event delivers success in Rio

Senior delegates from more than 20 countries throughout the Americas and elsewhere gathered in Rio at the beginning of December for the first ever World Mail & Express event to be held in Latin America. They were treated to a fascinating two days of debate, discussion and networking at the Sheraton Hotel in Rio de Janeiro, with an international array of podium speakers sharing their experiences and ideas for the industry’s future.

Senior executives from conference host sponsors Empresa Brasileira de Correios e Telegrafos expressed themselves delighted with the success of the whole event. After Brazilian Post President and CEO Carlos Henrique Almeida Custodio had opened the summit by welcoming everybody to Rio, a succession of key speakers entertained those present with their perspectives on competing and winning. With countries such as Argentina, Chile, Ecuador, Mexico and the USA also represented on the podium, delegates were treated to a range of views and experiences from across the region. International viewpoints were also pooled by speakers from elsewhere, including Portugal, Russia, Saudi Arabia, Spain and the UK, with sharing best practice and lessons learnt very much to the fore.

Delegates were also interested to hear evidence of the low market share (compared to their international counterparts) amongst national operators in South America. Outside Brazil and Chile particularly, it is clear that private mail operators collectively have much larger shares of the letter delivery market than do the national posts.

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TNT Logistics signs a new contract with Infoglobo

TNT Logistics Brazil has signed a 5-year contract with Infoglobo, a Globo corporation company, and the first one in Brazil in the publishing & media industry. The agreement is worth euro9.4 million and 40 employees have been hired. “With InfoGlobo, TNT Logistics continues with its diversification strategy, entering into a new segment in Brazil, the publishing & media industry”, says João Guilherme Araújo, TNT Logistics Operations Director. “It is a great challenge for TNT Logistics in Brazil”, he adds.

The service will be implemented in stages. During the first stage of the contract, TNT Logistics will be responsible for all material handling activities and newspaper dispatch for distribution. “Infoglobo chose TNT Logistics to operate this segment due to the capability of its employees and its expertise in operating complex supply chains”, explains Marcello Moraes, the General Distribution Manager of Infoglobo. The printing centre is installed in the city of Duque de Caxias (RJ).

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Brazil: ECT plans to have its own air postal services

ECT, the Brazilian state run postal service, is considering to operate its own air transportation services through leasing of aircraft, instead to outsourcing transportation. Actually this idea has been taking shape for quite some years and recently gained force with the involvement of ECT in several corruption scandals. A study was commissioned to Bain & Company, for R$2,3mil, on the feasibility to operate directly the 23 routes of the main service, and also a methodology for tender the leasing of aircraft. It is not discarded the adoption of a mixed own and outsourcing main transportation system, providing costs are cut without hindering the performance.

A recent auditing on ECT, following the political scandals, showed several irregular procedures.

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