TNT acquires e-fulfillment specialist
TNT is expanding its e-commerce business with the acquisition of Netherlands- based e-fulfillment specialist TopPak. In combination with its Parcel Service business, TNT said it will strengthen its position in the distribution market and add an important link to its e-fulfillment service chain. TopPakÃ¢â‚¬™s fulfillment activities include processing orders, stock management and packing products for […]
March 1, 2010
TopPakÃ¢â‚¬™s fulfillment activities include processing orders, stock management and packing products for shipping, in effect handling the entire administrative and logistics chain for orders, either traditional or online. TopPak has annual revenues of nearly Ã¢â€šÂ¬10 million, handles some 6 million packages per year and according to TNT, has significant growth potential.