TNT Post Group NV and France’s La Poste are among a number of companies interested in a 10 pct stake to be sold in Greek post office operator, Elta, business daily Les Echos reported, citing the Greek government.
Read MoreAbenefit of the many tentacles Deutsche Post has in the freight forwarding and parcels market was that Securicor Omega Express was able to take over the lease at a former Danzas facility close to Dublin airport last year when the Irish operations of Danzas, AEI and ASG were consolidated.
Although there is no direct trading relationship, general manager Garrett Thornton says that thanks to a group Internet tool, “we are aware of what’s happening elsewhere in the group”.
Differentiating Yourself in a Commoditised Market by Adam Sherman, Regional Director, Spring
Read MoreAccording to a survey by Research International DHL now holds 5 1% of the Russian domestic express market, followed by TNT on 19% UPS with 10% and FedEx with 7% DHL Worldwide and TNT Russia both announced last month that their revenues grew in excess of 30% last year. while UPS recorded “double-digit” growth.
TNrs increase of 40% was the highest rate of growth among all 200 countries it operates in, according to Harro van Graafeiland, the company’s general manager.
He attributes the growth to a rapidly recovering economy and increased demand from Russian companies for reliable domestic delivery services.
The division of the Dutch-based TNT Post Group, which supplants Ryder of Miami, Florida in managing the supply chain of Brazil’s third-largest car manufacturer, expects the deal to add $2.5 million to its annual revenue, company executives said.
General Motors, which makes cars and trucks at two different locations in the state of Sao Paulo, will account for 20% of TNT’s local business. TNT’s local sales amounted to 200 Brazilian reels ($90 million) last year, up 64% in local currency terms. The subsidiary has forecast 15% growth in 2002.
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