The Brazilian subsidiary of the logistics multinational TNT inked a contract with Philips to distribute the consumer electronics produced by the company nationwide. The three-year agreement involves Reais 30mil turnover per year.
Read MoreCorreios, the Brazilian post office, is gearing up to open an online shopping ma where small and mid-sized local companies can set up affordable storefronts.
Dubbed CorreiosNet Shopping, the new virtual mall should launch either this mont or next depending on what the post’s top brass decides.
Correios officials say that the online mall has been designed to provide all the technical, commercial and logistical infrastructure required to operate a reliab high-quality, secure, low-cost e-business.
Read MoreThe Brazilian subsidiary of the logistic company TNT, which registered an income of R$237mil in 2002, 17% up 2001, plans to reach R$280mil, an increase of 20% this year. The group expects the automotive sector, which currently represents 80% of the turnover, to be responsible for 50% and the remainder 50% coming from the electronic products and consumer goods logistic division.
Read MoreThe 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.
Read MoreBrazil’s federal post office ECT expects to end 2003 with 4,176 Internet access terminals in operation across 3,200 municipalities, local press reported.
During the first year of operations ECT expects its terminals to provide Internet access for some 3 million people that would not otherwise have access, ECT Internet operations director Antonio de Paula Branquehais said. Eventually this and other projects should provide Internet access to 42 million people.
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