Mail, express and logistics company, TPG N.V., through its TNT Logistics Italy business unit, have announced a five-year renewal of the spare parts contract for Fiat Auto. The deal is estimated to be worth EUR 1 billion in revenues over the contract term.
Read MoreFedEx Express has opened a new service centre on Silom Road in Bangkok. Among customers expected to benefit from the increased convenience are those in the city’s high-value gem and jewellery trade seeking next day delivery to Asia, the company said. Meanwhile, DHL Express has introduced Time Definite Delivery (TDD) service to Shanghai. The “startday” and “midday” services would offer the latest possible collection times for early next-day deliveries at 9 am and noon respectively, DHL executives said.
Read MoreParcelforce Worldwide has strengthened its position as the leading provider of express and time guaranteed deliveries for e-tailers by winning a series of new contracts.
Vanessa Leeson, Managing Director of Parcelforce Worldwide, said: “The recent contract wins reinforce Parcelforce Worldwide’s role as the leading provider of express and guaranteed delivery services for higher value goods bought online. Among its new clients are the London department store Harrods, CD and DVD e-tailer Play.com, computer and electrical goods e-tailer komplett.co.uk, TV shopping channel Ideal Shopping Direct
Read MoreFedEx Express has announced a new, direct served flight into Greece as part of the company’s commitment to strengthening its intercontinental services to Europe. The new route recognises Greece’s growing position in the global marketplace and shortens transit times for customers exporting from Asia, the US, and many parts of Europe.
Read MoreTransportes Azkar SA said net profit rose 14 pct to 18.5 mln eur in the full-year to Dec 31 from 16.2 mln a year earlier on a 10 pct increase in revenue to 280 mln eur from 253 mln.
In a statement, Azkar said EPS rose to 0.38 eur in 2003 from 0.33 in 2002, while EBITDA declined slightly to 39.6 mln eur from 39.9 mln.
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