CTT Group launches unified Iberian express offering
Portugal’s CTT Group has further integrated its express businesses in Portugal and Spain with the launch of a unified service offering.
Read MoreTag: Tourline Express
New CEO for Tourline Express
Spanish operator Tourline Express has appointed Arménio Belo da Silva as its new CEO.
Read MoreTourline Express offers 50% discounts to SMEs
http://www.elvigia.com/files/paginas/pdfs/SEM20100329.pdf 29 March 2010
Read MoreTourline Express expects revenues over EUR 150 million in 2007
Tourline Express, the Spanish courier owned by Portugal’s public postal operator Correios, announced revenues up by 31.5% to EUR 130 million – and expects growth of at least 15% this year.
Tourline said in a release that it will open more than 30 new branches in Spain this year – taking it to 340 – and expects to bring in over EUR 150 million in 2007. Last year, the group opened 58 new branches and has over 2,000 staff and 1,800 vehicles.
Tourline has particularly grown in the Canary Islands, where it registered a 93% growth in business compared to 2005, Mallorca and Minorca (+86%), the east coast (+42%) and Galicia and Asturias (+30%).
Read MoreSpain's Tourline increases volumes by 25%
Tourline Express, the Spanish carrier fully owned by Portugal’s public postal operator CTT Correios, said it had increased shipment volume in 2006 by 24.8% to nearly 8.2 million, from 6.5 million in 2005.
The company says it has increased turnover by 30% a year over the past three years, which would situate revenues at around EUR 130 million for 2006 compared to EUR 105 million in 2005.
Tourline is also moving its Catalonian distribution hub to a new 1,500 sqm facility on Barcelona’s Zona Franca estate, double the size of the previous installation. Tourline opened 32 new branches across Spain last year.
“The move to the new platform signifies a notable increase in the number of shipments per day we manage in Catalonia and will also improve the security of our activities,” said Josep María Montserrat, managing director of Tourline.
The carrier is investing EUR 300,000 in video surveillance systems at all its distribution centres in a project which should be finished by the end of this year.
Tourline, founded in 1998, has over 300 branches and 10 hubs in Spain, employing just under 2,000 staff and with a fleet of 1,600 vehicles
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