TNT sells India domestic road business

Tuesday, December 13, 2011

TNT Express on Monday said it has sold its domestic road operations in India to a logistics subsidiary of India Equity Partners (IEP) in order to focus on its international business. “The decision comes after an extensive review of the prospects for the domestic road business in India within TNT Express' business portfolio,” TNT said in a statement. “TNT Express will continue to offer inbound and outbound India services, via its globally interconnected networks. It will also conti...

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