Indonesian Political, Business & Finance News

TNT Logistics plans to transfer its expertise as an industry

TNT Logistics plans to transfer its expertise as an industry leader in automotive logistics in Europe and the United States to Asia and make Singapore its hub, a company spokesman said in a published report on Monday. "Singapore is well suited to a hub function because of its geographical location," The Straits Times quoted Jeroen de Wilde, a TNT regional director, as saying. "We are interested in developing it as a hub for the distribution of finished cars and spare parts for the automotive industry in the region," he added. --DPA

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