The Brazilian bank Bonsucesso has signed a contract with the mail & express service company Correios to offer credit with discount in payroll for 103,000 workers. The company will compete with another banks who provide this service to Correios such as Alfa, HSBC and BMC. Bonsucesso may increase the credit portfolio by 20percent with this move, from RD100mil to RD120mil, since Correios will be its major partner.
Read MoreDHL has opened two new Express Logistics Centers (ELCs) in Sao Paolo, Brazil, and Mexico City.
DHL currently operates 50 Strategic Parts Centers (SPC) in the region, and the original Express Logistics Center in Miami.
Read MoreBrazilian branch of DHL Express, transportation and logistics company owned by Deustsche Post World Net, increased revenue by 13% in 2003. According to a representative of the company, the rise was due to the company’s import and export services to markets such as the US, China, Argentina and the EU.
Read MoreLatin American Ground Logistics
Read MoreVaspex, the cargo transportation services arm of the Brazilian airline company Vasp, is resuming the services of international deliveries through a partnership with DHL Express, expecting 8,000 orders per month and R$1million income per month as of 2004.
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