Press Release

TNT increases express capacity between Asia and Europe

Publish Date : 18 September 2009 at 08:45 CET - Hong Kong, Liege, TNT is enhancing its service capacity between China and Europe with the addition of a new dedicated B747-400ER freighter. Non-stop flights will operate between Hong Kong and TNT's European air hub in Belgium. This allows for seamless connectivity with TNT's leading air and road network for delivery throughout Europe. The company can thus offer its customers fast transit times, control and visibility over shipments moving between Asia and Europe, while optimising its costs and fleet utilisation.

The new B747 freighter service from Hong Kong reflects TNT's commitment to investing and growing in Asia. With its geographical and economic proximity to the Pearl River Delta and its central location in Asia, Hong Kong is a natural choice as a hub for serving customers in the south of China, but also in neighboring countries like Vietnam, Thailand, the Philippines and Taiwan. It will add to TNT's other Asian international hubs, Shanghai, Beijing, and Singapore.

“With our integrated air and road delivery capabilities in Asia and Europe, we are well-placed to capitalise on the strong trading links between the two regions,” said James McCormac, regional managing director of TNT Asia Pacific. “More importantly, the addition of a dedicated freighter from Hong Kong will ensure our customers, especially those in the high-tech, telecommunications, electronics and fashion industries, become more competitive due to faster factory-to-market lead times and increasing inventory management efficiency. Our continuous investment in Asia clearly demonstrates TNT's long-term confidence in the region and our continual commitment to raise our service capabilities on behalf of our customers.”

The 110 ton Boeing 747-400 ERF (Extended Range Freighter) offers the lowest ton-mile cost in the industry. It is also the most versatile carrier for multiple loading capabilities. In February 2007, TNT introduced direct flights from Shanghai to Liege with its first Boeing 747-400 ERF. The plane makes a stopover in Singapore on its way back to China.

Note to the editors
According to the Asia-Europe Meeting (ASEM), a forum that includes the European Commission and all EU and ASEAN members, trade between Europe and Asia exceeded EUR 710 billion in 2008. The European Union is the ASEAN's third-largest trading partner, with overall trade estimated at EUR 100 billion. Europe and the United States are China's largest export markets. Though faced with a contracting world economy, China's economy is growing fast again at a year-over-year rate exceeding 8%.

About TNT
TNT provides businesses and consumers worldwide with an extensive range of services for their mail and express delivery needs. Headquartered in the Netherlands, TNT offers efficient network infrastructures in Europe and Asia and is expanding operations worldwide to maximise its network performance. TNT serves more than 200 countries and employs about 151,500 people. Over 2008, TNT reported €11.1 billion in revenues and an operating income of €982 million. TNT is officially quoted on the Amsterdam Stock Exchange. TNT recognises its social responsibility and has formed partnerships with the United Nations World Food Programme and the United Nations Environment Programme to fight hunger and pollution in the world. Our efforts are being recognised. In 2009 TNT again reached the highest score of all companies included in the Dow Jones Sustainability Index, besides topping the Carbon Disclosure Project in the carbon intensive sector. More information about TNT can be found on its website .

Page publication date: 18 September 2009 at 08:45 CET