TNT has stepped up its presence in the Mexican express market through an alliance with leadingplayer Redpack, local media reported.
TNT is investing $1 million into a three-year strategic and commercial cooperation withRedpack in order to target import and export shipments to and from Mexico, the two companiesannounced at a press conference last week.
The two companies plan to speed up domestic and international deliveries to between 24 and 48hours respectively. TNT is handling the international shipments of Redpack’s customers, while theMexican firm is providing nationwide delivery of TNT shipments to Mexico.
Redpack, founded in 1991, is the second-largest domestic express and parcels carrier inMexico. It serves 850 destinations across the country via 32 air routes and with a fleet of morethan 1,000 delivery vehicles, 1,300 staff and some 320 sales outlets. In 2008, it transported morethan six million shipments and generated revenues of over $40 million.
Redpack managing director Francisco Rodríguez Chapa said at the news conference that the twocompanies would align their processes, capacity and IT systems as part of the cooperation. Therewill also be training for Mexican staff to ensure they provide services at TNT’s performancelevels.
TNT regional director for Latin America, Helmer Knust, explained that the Dutch group istargeting emerging markets as part of its overall strategy. “Redpack and TNT are teaming up toincrease the penetration of the Mexican international express market, working together and unitingforces to provide better competitiveness, and offering a first-class, flexible service,” hedeclared.
