TNT Latvia courier service and logistics company expects its annual turnover in 2003 to reach two million euros at a 36 percent growth from 2002.
TNT Latvia director Martins Gerkens told the press upon continued successful growth company’s financial results this year could be even better.
Read MoreTNT, the express courier and logistics company owned by Dutch postal group TPG, is considering the possibility of using its own freighter aircraft on some regional and transcontinental services following the Sars outbreak. Deputy country manager Ambrose Linn said the firm’s ability to service its express customers had been hurt by airlines’ decisions to cut flights as passenger numbers plummeted because of Sars.
Read MoreDutch forwarding service TNT Express has formally launched a partnership with China Post following the end of its 15-year old ties with Sinotrans Ltd, the Shanghai Daily reported.
An agreement was signed on April 25 to form a strategic partnership and to set up a team to explore possible areas of cooperation in postal services, express delivery and logistics, the report said.
Read MoreTNT Express Services has bought Archive and Data Storage (ADS), a London-based records management company. The acquisition strengthens TNT’s position as a market leader in the provision of data management and document storage solutions as used by UK businesses to manage, store and protect their business records. ADS employees will join TNT’s record management division, a part of TNT’s pounds 120 million Express Specialist Services business
Read MoreThe Dutch company TNT Logistics has recently inked a unprecedented contract in Brazil. For the first time, TNT will be responsible for the production logistics of a petrochemicals company. The company entered a deal with the Brazilian Braskem, the largest petrochemicals company in Latin America, to operate along the production chain at two units – OPP and Polialden (who produce polyethylene). TNT aims to conquer other similar contracts since it will be present at the Camacari petrochemicals complex (Bahia). To perform the logistics services, TNT will use 2.5 – 4 m tons forklift trucks and some tools developed for this means, besides hiring 100 people.
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