Press release
Michelin Siam awards contract to TNT Logistics
TNT Logistics has been awarded a contract by Michelin Siam Marketing and Sales Co., Ltd. to handle logistics functions for its two tyre production plants in Thailand, as well as its domestic and export warehouse facilities. The awarding of this contract further strengthens TNT's position as a leading provider of logistics services to the tyre sector.
Under the new contract, TNT Logistics will manage the material flows and clearance of tyres to and from Michelin Siam's two production plants. TNT Logistics will also oversee the operation of Michelin Siam's two main warehouses: its domestic warehouse and export warehouse.
Over 200 staff will be employed to handle Michelin Siam's warehousing and distribution divisions.
"TNT's systems are fully interfaced with Michelin Siam's back office management to control the supply chain process for maximum efficiency," says Jon Jennings, TNT Thailand's Business Development Director.
Michelin Siam Customer Service & Logistics Director, Jaipetch Chevaphatrakul said: "Michelin is a global partner of TNT, working together in a number of major overseas markets, including the United States, Malaysia, Australia, Germany and Turkey." Globally, TNT Logistics is the largest third party logistics provider to the tyre sector as it serves all major tyre manufacturers.
About Michelin Siam
Michelin Siam Marketing and Sales Co., Ltd. is a joint venture between Michelin Group and Siam Cement Group. The group is composed of nine affiliated companies, operating together as a homogenous group of manufacturers, and producing and distributing more than 80 different types of tyre and related products.
The tyres serve a wide range of market sectors, from motorcycles to passenger cars, light trucks, 4-wheel vehicles, trucks, buses, agricultural tractors and airplanes, under the brand names "Michelin", "BFGoodrich", and "Siamtyre".
Apart from the Thai domestic market, products are exported to other countries in the Asia Pacific region, the Middle East, Europe, Africa, and North and South America.
About TNT Logistics
TNT Logistics employs more than 37,000 people, who are operating in 36 countries, managing over 7.1 million square metres of warehouse space. In 2003, TNT Logistics reported sales of €3.735 billion. The TNT Logistics web site address is: www.tntlogistics.com.
For more information
Hester Dijk, TNT Corporate Logistics, Media Relations
Tel: +31 20 500 6434; e-mail: hester.dijk@tpg.com