TNT International Express, one of the world’s leading business-to-business express carriers, vowed Monday to enhance its performance in the lucrative Chinese market, after ending its 15-year joint venture with Sinotrans.
Beijing-based Machplus Worldwide Express has been appointed as the main distributor of TNT Express’ products and services in China following the end of the joint venture last week.
Read MoreTNT Express, the world’s leading business to business express carrier confirmed today that it is committed to its operations in China following the expiry of its joint venture with Sinotrans. Both TNT Express and Sinotrans have decided to pursue their own plans in China and as a result took the decision not to renew their partnership.
Read MoreTNT Logistics is saving 180 trips from Ipswich to the midlands each week by switching road journeys to rail, and leaving it to a Mercedes-Benz Unimog U400 to act as a highly productive ‘shunter’.
Read MoreCourier companies say they might be more expensive than Express Post but they have an important edge: late pick-up, early delivery. An experiment by The Australian last week, with three packages sent from each of three locations, showed that Australia Post’s express mail managed to either beat the competitors into the hands of the recipient — or at least tie. And at considerably lower cost. Last week’s survey of nine satchels using two private companies and Australia Post showed similar delivery times for all services regardless of price. But it used a 9am pick-up time, which TNT‘s Peter Longley believes levelled the playing field for the government service.
Read MoreTNT India Ltd, a 100 percent subsidiary of TPG of the Netherlands, has identified two focus areas: the life sciences segment under its express division and logistics. The company plans to formally enter the Indian logistics marker, estimated at Rs300-400 crore, by the end of Mar 2003. It expects this market to scale up rapidly following the introduction of a new VAT regime and emerging trends in outsourcing. It expects its logistics business to overtake its express business in the next five years.
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