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TNT: UAE Sole Bright Spot

ImageTNT Express, based in the Netherlands, said the UAE continues to be the only bright spot among global logistic hubs.   TNT Express is a global logistics and freight forwarder.   The emirates were the only country for which the company recorded an increase in growth so far this year – 2% compared to the same period last year.  Manager of TNT Express Bryan Moulds said “The region is reasonably buoyant.  We’re trying to be positive about the second half.” 

The company’s UAE fleet includes several Boeing 747 cargo airplanes in Dubai, 120 light vehicles, 30 motorcycles, and 50 Lorries. TNT redistribution hubs in London, Amsterdam, New York, Singapore, all had declines in turnover resulting in 13% drop in revenues worldwide.

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