Brazil’s air cargo transport covering both domestic and import-export segments dropped by 24.7 per cent in the first half of 2009 as the country felt eff ects of the global economic crisis, Brazil’s National Airlines Association, or Snea, said recently. The association said total air cargo for the first half of the year was 636, 000 tonnes. The association said import-export cargo suffered the most, with a decline of 31.6 per cent while domestic air cargo dropped 17 per … [Read more...] about Brazil National Airlines Association
Brazil
TNT to acquire Brazilian delivery partner
TNT has announced the signing of an agreement to acquire Expresso Araçatuba Transportes e LogÃÂstica S.A., a key delivery partner of TNT Mercúrio in Brazil's Central West and North regions since 2001. TNT will acquire 100 per cent control of the company with effect from the closing date of the €54 million transaction which is expected by early May, it said in a statement. "This acquisition is a logical next step to building a pan-Brazilian network. On top of strengthening … [Read more...] about TNT to acquire Brazilian delivery partner
TNT to acquire Brazilian delivery partner
TNT has announced the signing of an agreement to acquire Expresso Araçatuba Transportes e LogÃÂstica S.A., a key delivery partner of TNT Mercúrio in Brazil's Central West and North regions since 2001. TNT will acquire 100 per cent control of the company with effect from the closing date of the €54 million transaction which is expected by early May, it said in a statement. "This acquisition is a logical next step to building a pan-Brazilian network. On top of strengthening … [Read more...] about TNT to acquire Brazilian delivery partner
