Press Release

TNT to invest €170 million in Chinese domestic road delivery services

Publish Date : 8 September 2010 at 08:30 CET - Shanghai – TNT today announces plans to invest €170 million over the next few years to strengthen its leadership position in the Chinese domestic road delivery market. The investment will enable TNT Hoau, TNT's road distribution arm in China, to enhance its day-definite road distribution network, introduce new services, and hire additional staff.

For the first half of 2010, sales of TNT Hoau's day-definite service exceeded those of the entire year of 2009. Service coverage expanded early 2010 to 26 of the biggest cities in China.
The day-definite network now covers 800 depots throughout China, with a concentration on the major economic regions, including the Yangtze River Delta, the Pearl River Delta, and the Bohai Bay. The on-time delivery rate is 99%.

TNT Hoau's day-definite ground delivery service provides a cost-efficient, yet fast and reliable alternative to domestic air freight, with door-to-door transport and online track and trace. The service has been used by small, medium, as well as Fortune 500 companies, especially in the high-tech, electronics, machinery, and textile sectors. To support the service, TNT Hoau has bought 400 EU III-compliant trucks and set up a dedicated customer hotline.

TNT Hoau also provides less-than-truckload (LTL) services nationwide. Overall, TNT Hoau manages a road distribution network of 1,500 depots and 57 domestic hubs, which serves more than 600 Chinese cities.

Besides domestic shipping within China, TNT offers international road and air delivery within Asia and between China and Europe. In July 2010, the company increased its service frequency to six flights per week to/from Shanghai and five flights per week to/from Hong Kong.

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 keeps optimising its global network performance. TNT serves more than 200 countries and employs about 160,000 people. Over 2009, TNT reported €10.4 billion in revenues and an operating income of €648 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. More information about TNT can be found on its website .

Page publication date: 8 September 2010 at 08:30 CET