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TNT bucks trend with price reduction on 5 kgs plus domestic shipments
- United Arab Emirates: Wednesday, July 27 - 2005 at 10:17
- PRESS RELEASE
TNT Express, the world's leading B2B express delivery company, has bucked recent price hike trends among express suppliers by reducing its domestic shipment charges on packages of five kgs or more by up to 50 per cent.
"So far we have decreased our motorbike fleet by 50% and anticipate completely phasing it out by end of next year, "said Mark Pell, TNT's Managing Director, Gulf and Saudi Arabia.
"The decision to phase out motorbikes was based on our overriding concern for best practice in occupational and safety issues and to lessen the risk of accidents. Because there's more room in delivery vans to carry heavier domestic loads, we are now able to reduce rates for consignments above 5kgs."
The price reduction will also be seen in Bahrain and Kuwait.
Earlier this year, some of the UAE's leading air express companies raised rates by at least 5% due to an increase in jet fuel costs, inflation, security and prices of polyethylene and other packaging materials.
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Notes and media contacts
1. TNT Express is the world's leading business to business express delivery company. The company delivers 3.3 million parcels, documents and pieces of freight a week to over 200 countries using its network of nearly 900 depots, hubs and sortation centres. TNT Express operates over 18,000 road vehicles and 42 aircraft and has the biggest door-to-door air and road express delivery infrastructure in Europe.2. TNT Express employs 43,000 staff worldwide and is the first ever organisation to achieve global recognition as an Investor in People. The company reported sales in 2004 of €4.7 billion. Profits of €373 million earned by TNT Express during 2004 were higher by 35% than the same period in 2003 (€276 million). The TNT Express website is: www.tnt.com
3. TNT N.V. is a global provider of mail, express and logistics services. The group employs over 162,000 people in 63 countries and serves over 200 countries. For 2004 the company reported sales of € 12.6 billion. TNT N.V. is publicly listed on the stock exchanges of Amsterdam, New York, London and Frankfurt. The TNT N.V. website is: group.tnt.com
For further information please contact:
Sarada Chellam
MCS/Action, PO Box 20970, Dubai, United Arab Emirates.
Tel: +9714 390 2960; fax; +9714 390 8161
Or
May Mohr
MCS/Action, P.O. Box 20970, Dubai, United Arab Emirates.
Tel: +9714 390 2960; fax; +9714 390 8161
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