Tag: Brazil

TNT Logistics wins 34 million Euro contract in Latin America

TNT Logistics has won a Euro34 million contract in Latin America. The company has signed an exclusive three-year contract with CNH Group (incorporating Case, Fiat Allis and New Holland) to design and manage an integrated logistics operation within Latin America. The Euro34 million contract covers the outsourcing of CNH’s entire Logistics activities to TNT, ranging from the import of spare parts and materials, to the warehousing and distribution of finished products and spare parts for the dealer network throughout Latin America.
CNH was established in 1999, through Fiat SpA’s Euro7.6 billion acquisition of Case Corporation, representing one of the biggest acquisitions ever made by Fiat. Last year, worldwide revenues of CNH exceeded Eurol 1.7 billion. The CNH Group is now the largest company of its kind in Brazil, incorporating Fiat Allis and Case brands for construction machinery, and New Holland and Case IH for agricultural machinery. CNH estimates
that 2001 growth in Brazil will be 10 to 15 per cent over the Euro8S2 million registered in 2000.

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Reform of postal system in Brazil

Brazil is in the process of a vast reform of its postal system. The
present official post office (EBCT) will be renamed Correios do Brasil S.A.
and a regulatory body for the sector will be created, the National Mail
Services Agency.

This reform project, named the SNC (Sistema Nacional de Correios), was
initiated in 1997, and it will encompass not only the official post office,
but also the private sector operators in the field.

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