29.04.2008 TNT Invest ?100 Million in Asia-Europe Connection

TNT announced it will invest 100 million euros ($158.5 million) over the coming 5 years to strengthen its network coverage, connectivity and infrastructure. TNT aims to build a leadership position by leveraging on the soaring demand for freight express services between Southeast Asia, China and Europe. This demand is mainly driven by customers in the high-tech, equipment and machinery and healthcare sectors that are increasingly moving large volumes of high-value goods between Southeast Asia, China and Europe.

As the market leader in Europe, and with the strongest domestic road network in China that remains unrivalled, TNT is well-placed to offer truly differentiating solutions for customers. Our strategic objective is to build a leadership position in domestic, intra-regional and selected intercontinental express flows in the emerging Asian region. TNT`s volumes between China and Europe have grown over 20 percent in 2007.

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