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TNT Express Says Third-Quarter Profit Fell on Brazil, China Woes

2015-10-05 15:41:15| Trucking - Topix.net

TNT Express NV, the Dutch logistics company being taken over by FedEx Corp., said third-quarter profit fell because of economic turmoil in markets such as Brazil, China and Australia. Adjusted operating income in the period was probably "materially lower" than last year, TNT said in a statement prior to an extraordinary shareholder meeting at its headquarters in Hoofddorp on Monday.

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