Tag: TNT

Express deliveries boom in Russia

Russian market of express deliveries is not big yet, but is developing rapidly. According to some express transporters, in 2001 their turnover in Russia grew by 30-40%. They explain their success primarily by revival of Russian business, because large companies use services of express delivery most often. It will be possible to improve quality of express delivery in Russia to the level of European countries only when the customs legislation and transport infrastructure of the country correspond to the same level.
Until recently services of express delivery were not in very big demand in Russia. All players of the Russian express delivery market are more or less unanimous in estimates of its volume. According to them, exports amount to $60-80 million a year and imports amount to approximately twice as much. Delivery of goods inside of Russia also earns up to one-fourth of all incomes. Thus, it is possible to estimate the Russian market roughly at $250-300 million, whereas the world turnover of the largest express transporters is counted in tens of billions of dollars a year.

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News from TNT Spain

TNT Spain, a subsidiary of the worldwide courier, express parcels and logistics provider TNT Post Group (TPG) headquartered in Amsterdam (Netherlands), recently opened a warehousing and handling terminal at Alicante with an area of 1860 sqm.

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When will the Chinese Postal dispute reach resolution point?

Although the parties involved in the China Postal dispute have agreed to set June 15 as the date for settlement, it appears that there is still no solution in sight. The Council of Asia Pacific Express Companies (CAPEC), whose members include UPS, DHL, FedEx and TNT, together with their joint venture partners and agents say they remain concerned about the proposal to give China Post administrative authority over international express companies and international freight forwarding through an entrustment approval procedure.

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TPG to cut 5,000 workers, citing volume drop

Dutch postal and logistics company TPG NV said Wednesday it will eliminate 5,000 jobs through attrition in the next five to eight years because of expected declines in mail.
Mail volumes are expected to fall about 20 percent over the period because of alternative delivery methods, the company said.
TPG, which employs about 30,000 postal delivery workers, said the job cuts are expected to save the company about dlrs 281 million a year. If mail volume slips 1 percent, earnings before interest and taxes will fall by dlrs 14 million, it said.

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TNT centre complete

The second phase of a 412,000 sq ft distribution centre for TNT Retail Express has been completed by developer Gazeley Properties at Magna Park. The DC is dedicated to a major retailer and includes pallet racking as well space for more than one million hanging garments.

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