TNT Logistics
Italy has signed a 12 million euro agreement with
Pininfarina under which TNT will manage the transport of 650
different types of components (totalling over 156,000 cubic
metres of material) from over 100 suppliers to production
facilities in Italy and abroad. The agreement will last for
three years. The components will be used to manufacture
sports coupe' Alfa Romeo Brera in two of the design and
engineering firm's facilities in the province of Turin
during the next five years.
The car sector accounts for half of the turnover of the
Pininfarina group in Italy. In 2005, TNT Logistics Italy
reported a turnover of 1,080 million euros and employed
around 7,200 People. In Italy, the group has 1,650,000
square metres of floor space in its network of warehouses.
The history of the Pininfarina group, which is one of the
best known suppliers of services to the car sector, can be
traced back to the early 1930s.
Founded in
1946 by Ken Thomas, the Australian courier TNT achieved
rapid growth in its home market during the 1950s by
expanding road and rail freight services across the country.
It
developed new overnight express products and services. In
1961, the company went public and was listed on the
Australian stock exchange. Following TNT’s growth in
Australia and New Zealand, the 1970s and 1980s witnessed
global expansion as it reached into new markets to gain a
foothold and instant market share, buying transportation
companies in Europe, North America and Brazil.
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The car sector accounts for half of the turnover of
the Pininfarina group in Italy. In 2005, TNT
Logistics Italy reported a turnover of 1,080 million
euros and employed around 7,200 People. |
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TNT Logistics Italy has signed a 12 million euro
deal with Pininfarina under which the courier will
manage the transport of 650 different components to
be used for the manufacturer of the Alfa Brera. |
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It diversified
into transportation businesses ranging from ocean freight to
commercial aviation. By the early 1980s, the TNT pioneers
had sensed that the centre of gravity in terms of new growth
opportunities had shifted from Australia to the European
continent. Major acquisitions strengthened its position in
the overnight and time-definite express industry.
European Community plans to promote free trade by
eliminating tariff barriers among member states spurred TNT
to purchase a fleet of BAe 146 Quiet Trader aircraft, thus
creating the first pan-European overnight express service
using a dedicated aircraft fleet. By the start of the 1990s,
the TNT group of companies had 70,000 employees. But its bid
to become a worldwide player in transportation through rapid
acquisition had led it to diversify too quickly, losing
focus and overextending into non-core businesses. It faced
financial difficulties and sought new sources of investment
through financially strong partners. In 1996, the Dutch
national postal service took its first major steps into the
international express business by acquiring the still
Australian-owned TNT group, heralding a new era for the post
and express industry.
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