newstodate.aero
MAY 04, 2005 (newstodate): TNT's acquisition in 2004 of Swedish company Wilson Logistics reflects positively in the Q1, 2005, results.
-For TNT logistics, total revenue growth, at 19.6 percent, came mostly from the addition of the new freight management -Wilson - operations, TNT states.
Logistics Europe generated 678 million euro in revenues, down 2.9 percent, Logitics North America 155 million euro, up 10.7 percent, Logistics rest of world 84 million euro, up 2.4 percent, compared to Q1, 2004.
Wilson/Logistics Freight Management generated 183 million euro, bringing total Logistics revenues to 1,100 million euro, up 19.6 percent on Q1, 2004.
-For TNT logistics, total revenue growth, at 19.6 percent, came mostly from the addition of the new freight management -Wilson - operations, TNT states.
Logistics Europe generated 678 million euro in revenues, down 2.9 percent, Logitics North America 155 million euro, up 10.7 percent, Logistics rest of world 84 million euro, up 2.4 percent, compared to Q1, 2004.
Wilson/Logistics Freight Management generated 183 million euro, bringing total Logistics revenues to 1,100 million euro, up 19.6 percent on Q1, 2004.