The multinational logistic services company TNT inked a five-year contract to distribute the products of the Brazilian tobacco producer Souza Cruz. TNT is taking over the management of the Souza Cruz distribution center based in Curitiba (Parana state), and will be responsible for the delivery of 120mil cigarettes per month to 4,000 points of sale in the city.
Read MoreThe Brazilian cargo transportation company Expresso Aracatuba, based in Sao Paulo, will register an increase of 13.5% in net turnover in 2002, reaching R$118million. In 2001 its net income reached R$104mil. The net result of the whole group, including Exata Logistica and Golden Cargo companies, will reach R$170mil this year, an expansion of 17% in comparison to 2001. The company aims to grow by 12% in its net results for 2003. 15% out of Expresso Aracatuba’s 2002 overall turnover came from its autoparts sector.
Read MoreThe express and delivery company EBX Express Brasil, owned by businessman Eike Batista, suspended operations last Thursday. The company was aiming to be the main player in the domestic express market in Brazil, with sales of US$ 1 Billion in five years and the capacity to compite with Correios’ express product Sedex, and deliver goods purchased over the internet.
Read MoreBrazil’s federal postal system ECT plans to launch an online mall dedicated to small- and medium-sized enterprises (SMEs) in October. In addition, it has formed partnerships with 750 Internet companies, 15 of which account for 95% of B2C postal deliveries, and the US$18mn initiative is expected to become a new revenue maker for the postal service.
Read MoreThe Brazilian post office Empresa Brasiliera de Correios e Telegrafos (ECT) is to tender out a contract for the right to sell insurance through its post office network.
Read More
Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.
