Tag: International

TNT opens key network link in Vietnam’s hi-tech hub

Posted by | Aug 25, 2008 | |

The new facility is part of a EUR 1 million investment in developments in the city, which includes TNT’s new Hanoi office due to open in the fourth quarter of this year.
Onno Boots, regional managing director, TNT Southeast Asia, said: “As Vietnam is strategically located as the link between China and Southeast Asia on our Asia Road Network, the completion of the TNT International & Domestic Operations Centre, North in Hanoi is an integral part of TNT’s growth strategy in the region.”
He added that more than 40 pct of volumes to and from TNT Vietnam will pass through the new centre, and growth is expected to be in the high double-digit range for the next five years as it facilitates seamless integration between TNT’s air and road networks.
Shipments passing through Vietnam will be consolidated and processed at the TNT International & Domestic Operations Centre in Hanoi before making its way northwards to China and southwards to Singapore via the Asia Road Network for subsequent airlift to Europe and China respectively, using TNT’s Boeing 747-400 ERF that flies between Singapore, Shanghai and Liege three times a week.
Boots said that the new facility gives TNT the capacity to handle four times its current load of both international and domestic freight under one roof while leveraging the Asia Road Network.
This is the third facility to be opened within three months, following TNT’s new international & domestic road hub in Bangkok, Thailand and the Singapore Country Depot.

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TNT hits highest in six months after UPS bid report

Posted by | Aug 22, 2008 | |

TNT NV rose to the highest in almost six months in Amsterdam on a report that United Parcel Service Inc. may bid for the Dutch company as soon as this weekend.

Hoofddorp, Netherlands-based TNT gained 1.70 euros, or 6.9 percent, to 26.45 euros, the highest since Feb. 28. That values the company at 9.7 billion euros (USD 14.4 billion).

UPS and TNT may meet to work out a deal over the weekend, with the U.S. company offering 34 euros to 38 euros a share, U.K. newspaper the Times reported, without citing anyone. TNT surged 26 percent on July 14, its biggest jump since first selling shares to the public in 1998, after the Financial Times reported that FedEx Corp., the second-biggest U.S. package- shipping company, was in talks to buy its Dutch rival.

“If UPS started calculating and put together a team when FedEx rumors emerged in July, they should be ready to make a bid by now,” said Thijs Berkelder, an analyst at Petercam in Amsterdam, in a telephone interview. He said TNT may be worth about 40 euros a share in a takeover bid.

TNT declined to comment on “rumors and speculation,” spokesman Cyrille Gibot said today by telephone.

“UPS will never comment on rumors or speculation about mergers and acquisitions,” said Norman Black, a spokesman for the Atlanta-based company.

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DPD expands network to Romania

Posted by | Aug 21, 2008 | |

DPD is further expanding its business in Eastern Europe: the Romanian courier and express parcel service company Pegasus is now part of the DPD network. At a press conference Arnold Schroven, CEO of DPD Dynamic Parcel Distribution GmbH & Co. KG and Pegasus CEO James Gray-Cheape announced details of the collaboration. Pegasus is one of the most successive Romanian CEP service providers.

GeoPost has been established for several years in the core European countries with its international brand DPD and is continuing to expand its network in the direction of Eastern Europe. Today DPD has the strongest road network throughout Europe. Arnold Schroven stresses, “Due to our clear growth strategy, more and more franchisees are deciding to operate under the DPD brand and benefit from our international size.”

Pegasus has 74 depots and a workforce of 200 in Romania. The company works together with around 250 service providers. Every day more than 6000 parcels are delivered throughout Romania. Pegasus was the first company to offer a door-to-door delivery service in Romanian towns and cities.

As a result of the introduction of the DPD standard, DPD CLASSIC services are also now available in Romania. These are a reliable and efficient solution for the simple dispatch of items within Europe. The services comprise defined delivery times, rapid transport handling and offer an excellent price-performance ratio.

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TNT Germany cuts Economy Express transit times

Posted by | Aug 21, 2008 | |

TNT Express Germany has enhanced its Economy Express service by cutting transit times for exports to about 30 countries over three continents.

“Economy Express” is a convenient option for less urgent shipment orders worldwide, TNT Express Germany said in a statement. The transit times for the service have now been significantly reduced including to the economically promising states in Latin America and South East Asia that are of special interest for many German companies.

The “Economy Express” transit times to Brazil have been reduced to only two days. Transit times for shipments to Argentina, Uruguay, Venezuela und Honduras have been cut by one day. In a similar way, the delivery of express shipments to South East Asia including Thailand, Cambodia, Bhutan und Laos takes two days less than before. For Indonesia and Philippines, the transit times have been accelerated by one day.

Furthermore, the flight times to destinations in the Caribbean have been reduced thanks to the new routings via Frankfurt. In addition, even the transit times to Oceania have been reduced with shipments from Germany arriving in the Solomon Islands, South West Pacific in only five days, a week earlier than previously.

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City Link in Major Expansion Programme

Posted by | Aug 21, 2008 | |

City Link has announced the opening of a number of new depots as well as the extension of several existing sites as part of a programme to expand the company’s nationwide depot network.

The company will open four new depots by the autumn and extend a further two depots.

New depots will open at Worcester, Norwich, Coventry and Stoke all by October in an aggressive build programme which will also see Cwmbran depot refurbished and the Oxford depot extended.

Stuart Godman, City Link’s Sales & Marketing Director, said: “These new depots will increase our capacity and will help us further improve our levels of customer service, which is at the very core of our operation. “The investment marks our commitment to continue to grow the business and provide our customers with exceptional service.”

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