In reaction to press coverage, TNT confirms the expected net proceeds of the announced sale of its logistics activities to lie between ? 1.2 billion and ? 1.3 billion at completion. A further description on the basis of what has been stated and explained on announcement is summarised below:

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The details of the sale of TNT Logistics have emerged as TNT Group?s management briefed analysts about the transaction.

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TNT announced that it has signed a Sale and Purchase Agreement to sell its logistics division to affiliates of Apollo Management, L.P., a leading private equity firm with offices in New York, London and Los Angeles.

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Following recent acquisitions that have increased its global workforce by more than 1,100 associates, Schneider National Inc., has announced that it is undergoing a company-wide ?staff alignment effort? to support the company’s growing global strategy.

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Global cargo transportation and logistics company Neptune Orient Lines (NOL) has reported net profit of US$187 million for the first half of 2006, down 52% from the same period of 2005. First half 2006 total Group revenues rose slightly year-on-year to US$3.52 billion, while the Group?s EBIT of US$227 million was down 47% from the corresponding period of 2005.

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Comments by Scott Davis, CFO at UPS, fueled new speculation that the U.S. parcel company could have TNT in its sights for acquisition.

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China?s major sea and river ports saw container throughput volumes during the first half of 2006 increase by 22.4 percent to just over 42 million TEU , and cargo tonnage by 18.4 percent to 2.2 billion tons, reports Chinese news agency, Xinhua.

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DFDS A/S agreed with Dutch Norfolk Holdings B.V. to acquire 100% of one of its subsidiaries, Norfolk Line Containers B.V., operating container shipping activities between the Continent and Ireland. Norfolk Holdings B.V. is a member of the A.P. Moller ? Maersk Group. The parties have agreed not to disclose the purchase sum.

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Supply chain solutions of industrial units, doing manufacturing or packaging, always deal with the question of on-time delivery of raw materials required to finish a product and make it ready for delivery to such parties as importers, wholesalers, retailers, distributors and ultimately, consumers.

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The face of RFID has certainly changed. In fall 2004, the hype from the Wal-Mart-driven RFID mandate was at its peak. You couldn?t pick up a supply chain publication without reading about the merits of RFID and how it was going to change the world. However, remarkably similar to a fanatical fashion fad or the ridiculously popular toy of the last holiday season, the excitement that surrounded RFID just over a year ago has diminished significantly.

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