TNT Logistics Italy has signed an agreement with Siemens S.p.A., under which TNT Logistics hastaken on all the logistics activities for the Siemens radio equipment plant in Cassina de’ Pecchi
in Northern Italy. The agreement was made by Siemens S.p.A. with a view to improving its logisticsservice quality and flows, TNT said in a statement.The move further strengthens TNT Logistics’ presence in the electronics sector, through themanagement of logistics processes in the customer’s plant and support and co-operation for theinternal reorganisation of logistics flows in the plant itself.
“The token of trust shown by a group of the size and importance of Siemens,” said GianfrancoSgro, Managing Director of TNT Logistics Italy, “is for TNT Logistics a confirmation of itsstrengths as a logistics provider across all industrial and services sectors, and of the excellenceof its staff and facilities.”
TNT Logistics Italy is a business unit of TNT Logistics, which employs some 40,000 people in 40countries. In 2004, TNT Logistics reported sales of nearly 4.1.billion euros. TNT has announcedthat it plans to sell its logistics activities as part of a strategic re-focus.
