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TNT Logistics North America
Jacksonville, FL
NYSE: TP
888-564-4789
David Kulik, President & CEO
3PL Turnover: North America: $806m Parent: $16.3b
Service Area: Asia, Europe, Americas; NA locations: 158 U.S., 18 Canada, 4 Mexico
3PL Assets: 6,738 employees
76 warehouses
837 tractors, 2,965 trailers
Information Systems: Excellent
TMS - MatrixTM, i2
WMS - Red Prairie, Manhattan
Services: Manufacturing support and subassembly, transportation management, supply chain consulting, dedicated contract carriage, warehousing and distribution, returns management
Industry Focus/Key Customers: Automotive, electronics, rail, consumer goods, industrial, retailing
Key Customers: Andersen Corp., BMW, CSX, DaimlerChrysler, Eaton, Ford, General Motors, Home Depot, Honda, Michelin, NACCO Materials Handling Group, Otis Elevator, USSCO
Armstrong & Associates' Evaluation: TNT is the world's largest automotive 3PL. It is expanding in other sectors and spreading geographically, primarily with existing customers. As of this writing, TNT Logistics is for sale on a global basis. Final negotiations for the purchase should be completed by the end of the third quarter. North American operations have been consistently profitable. TNT Logistics operates in 28 countries with 1350 customers. The TNT operations we have visited get top marks. - TNT is very good at value-added support activities. Its Matrix software suite reflects its range of logistics capabilities, including materials management. TNT's core services include fulfillment centers, high-velocity cross docks, sub-assembly, modularization, dedicated contract transportation, network designs/redesigns.