TNT accelerates its China business
TNT logistics supply chain solutions and mail services, is to adopt a cooperation form to expand its service network in Mainland instead of a franchise form it announced at the end of 2004, a source said on September 4.
Indeed, its previous franchise development plan has been replaced by the alliance-based cooperation development plan, according to the TNT headquarters.
The company changed the earlier plan because there has not yet been a franchise act in the mainland, an executive at the cooperation development division of TNT told reporters. For the moment, scores of Chinese agents are responsible for TNT’s China express business and its 25 branch companies for its international express business. In the cooperation form, its Chinese partners operate under the TNT brand and their sales rely on TNT, while its Chinese agents do not operate under brand in the franchise form and just take some fees.
