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Volvo renews TNT

PRESS RELEASE

February 26, 2015: TNT has received a three-year contract renewal from the Swedish truck and bus maker AB Volvo for 'inbound to production' and aftermarket delivery services in Europe.

Under this contract, TNT will continue to handle AB Volvo's European emergency production movements. TNT collects automotive components and parts from more than 800 different suppliers in Europe and delivers them to AB Volvo's production facilities in Sweden, Belgium, France and Poland. The service builds on TNT's integrated road and air network in Europe. It combines scheduled and special services to ensure all production delivery needs are met.

The need to maintain low inventory levels while keeping assembly lines running smoothly make guaranteed reliable deliveries essential. TNT provides a door-to-door transit monitoring service for shipments from its Automotive Control Centres, with 24/7 availability.

Also under the contract, TNT handles parts distribution to Volvo dealers throughout Europe to support the brand's aftermarket offering. Most parts are collected at AB Volvo's central or support warehouses in Europe. TNT also increasingly makes direct deliveries from suppliers to dealers. Next-day delivery before 7:00 is the norm for these deliveries, regardless of the dealer's location.

TNT has worked for Volvo for more than 20 years. Another contract sees TNT managing the delivery of parts from suppliers in Europe to Volvo Trucks' manufacturing plant in Hagerstown, Maryland, United States.

'Inbound to Production' and aftermarket services are among the industry service propositions developed by TNT under its Outlook strategy to meet the specific needs of vertical industries. They will be available to more customers in the automotive, high tech and industrial sectors in 2015.

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