GeodisÆ revenue up 5.3% in 2006
Geodis, the French trucking, forwarding and logistics group that has agreed to buy TNT Freight Management, said its revenue improved 5.3 percent to 3.78 billion euros ($4.89 billion) in 2006, from 3.6 billion euros in 2005.
The 460-million-euro ($595.2 million) purchase of TNT Freight Management is expected to be completed Feb. 5.