TNT Management Appoints Red Star Express Plc as Its Associate in Nigeria

Proshare

Thursday, October 06, 2016 5:15pm / NSE

Further to the acquisition of TNT by FedEx, we write to inform the general public that TNT Management (Bahrain) E.C has appointed Red Star Express Plc as its Associate in Nigeria effective October 6, 2016.

By this appointment, Red Star Express Plc is authorized to handle all TNT inbound and outbound packages in Nigeria including, but not limited to pickups, deliveries and customs clearance of courier materials and bulky freight packages.

This integration of FedEx (largest air express network in the world) and (with its unparalleled European road network) will expand and reshape global transportation and logistics industry as well as go a long way to leverage investments in technology, infrastructure, facilities and operational capabilities for long term growth and success.

It will also expand logistics and support options for Nigerians locally and internationally. Further developments will be communicated.

Related News

1.       REDSTAREX Records 24.1 PAT Growth in Q1 17 Result SP N4.23k

2.      REDSTAREX Records 24.3 PAT Decline in Q2 16 Result SP N4.30k

3.      REDSTAREX Records 2.9 PAT Growth in Q1 16 Result SP N5.00k

4.       REDSTAREX Declares 35kobo Dividend Per Share in Q4 15 Audited Result SP N4.97k

5.      REDSTAREX to Hold Board Meeting on June 25th Dividend Discussion on Agenda

6.    REDSTAREX Announces the Retirement of Two Non-Executive Directors Effective 1st April 2015

Related News
SCROLL TO TOP