TNT Express and GeoPost, the holding company for the parcel and express subsidiaries of France’s national service Groupe La Poste, today announced the signing of a five-year agreement under which TNT Express will pick up and deliver international express parcels on behalf of GeoPost throughout its global network. The contract will start late January 2007 and will generate approximately €120 million of revenues for TNT Express over 5 years.

Marie-Christine Lombard, Group Managing Director of TNT’s express division, said that the contract comes at a time when TNT is consolidating its position in the international express parcels market. "TNT is rapidly expanding its network, especially in Asia. With acquisitions in China and India and the entry of two new Boeing 747 aircraft into the fleet to fly daily services between Europe and Asia as of next year, TNT is extremely well positioned to satisfy GeoPost's expectations."

For Paul-Marie Chavanne, President of GeoPost, "GeoPost is delighted with the agreement signed with TNT Express, which allows it to offer customers an array of air transport services complementing its very competitive European road transport offering proposed by its partners in Europe."