Tag: TNT

Exports, new services help TNT sustain growth rate

Posted by | Nov 30, 2002 | |

With strong market support from Europe and less dependence on the US, which has been slowing under a spell of dismal economic growth, TNT India has managed to maintain its growth rate at more than double the industry average of 10 to 12 per cent.

Its 25 per cent growth rate has largely come from a mix of traditional products such as textiles for express distribution and innovative products like ‘Scholar Pak’ tailor-made for students seeking admissions in foreign educational institutions.

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TNT logistics to grow in Brazil

Posted by | Nov 22, 2002 | |

The control of the South American operations of TNT Logistics has recently changed hands. The aim is to expand TNT’ market share in electrical & electronic products and consumer goods logistic services. Over the 1997-2001 period, TNT turnover jumped from R$30mil to R$203mil. The goal is to reach R$230mil over this year. The Brazilian unit is in the market since 1997 and is controlled by the Dutch group TPG, headquartered in Amsterdam. The company has Fiat, General Motors, BSH-Continental as some of its main clients. It has recently inked a contract with the cigarettes producer Souza Cruz. Such contract will be a challenge for TNT as Souza Cruz moves 85bil of cigarettes per year in Brazil. The pilot-operation involves 15,000 deliveries and 29,000 km crossed per month.

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Suzuki GB renews contract with TNT

Posted by | Nov 21, 2002 | |

Suzuki GB of the UK has renewed for a three-year period its contract with TNT Logistics for deliveries to 145 of its car dealerships, with a combined daily service to be run out of its central warehouse in Crawley.

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TNT distributes Brazilian Souza Cruz cigarettes

Posted by | Nov 18, 2002 | |

The multinational logistic services company TNT inked a five-year contract to distribute the products of the Brazilian tobacco producer Souza Cruz. TNT is taking over the management of the Souza Cruz distribution center based in Curitiba (Parana state), and will be responsible for the delivery of 120mil cigarettes per month to 4,000 points of sale in the city.

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Competition Heats up in China's Express Delivery Sector

Posted by | Nov 17, 2002 | |

A market war is underway among express delivery firms in China as foreign and domestic firms battle for a share of the lucrative market.

Liu Xuede, deputy chairman of Sinotrans Air Transportation Development Company said Saturday that the express delivery market had grown rapidly as couriers sought to carve out niche areas for their services.

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