TAM CARGO is New Name of Company’s Freight Unit
SAO PAULO Brazil April 16 PRNewswire - - TAM CARGO revenues grow 153 in the international market in 2007 TAM Bovespa TAMM4 and NYSE TAM announces that in accordance withguidelines for brand repositioning in line with the groups expansion itsfreight unit has changed its name from TAM Express to TAM Cargo The changeis part of the plan for restructuring the brand and consequently for a newdefinition of the companys business units The freight division is growingin business importance for TAM said Marketing director Manoela Amaro In 2007 gross revenues of TAM CARGO totaled R 7768 million a 60increase over 2006 This accounted for 92 of the companys total billing ofR 85 billion International freight receipts totaled R 4167 million lastyear a 153 increase from the previous year accounting for 54 of TAM CARGObilling while in the domestic market freight revenues climbed 119totaling R 3601 millionThe result was attained through sales efforts to strengthen customerloyalty expansion of agreements with corporate customers new customers andpartnerships with airlines and ground transport companies that extend thecoverage of our services says Marcelo Rodrigues director of TAM Cargo Structured as a business unit TAM Linhas Aereas has been enjoying doubledigit growth in revenues since 2004 when it billed R 307 million whichthen shot up to nearly R 777 million in 2007 more than tripling receipts ofR 239 million garnered in 2003 Another point emphasized by Rodrigues was the change in the sales modelfor freight services in Europe Previously space in cargo holds was rentedto other companies at fixed monthly rates Our billing was satisfactory butlimited With TAMs expansion in Europe together with market knowledgegained over the years the option of changing our sales strategy and enteringinto partnerships with GSAs General Sales Agents - TAMs salesrepresentatives - has proven to be right on the money In 2007 TAM began offering new flights to Milan Madrid FrankfurtMontevideo and Caracas and now has more than 700 daily domestic andinternational flights on which TAM Cargo ships everything from small bagsdocuments and items to huge amounts of all kinds of freight such asfoodstuffs footwear pharmaceutical products auto parts and electronicappliances TAM CARGO uses the cargo holds of the TAM Linhas Aereas fleet whichcurrently consists of 110 aircraft The current freight capacity for importand export by TAM CARGO in the international market is 440 tons per day fromBrazil to other countries and vice versa broken down as follows 228 tonsto Europe 160 tons to the United States and 52 tons to Mercosur countries Investments in 2008In 2008 we plan to invest approximately R 22 million in infrastructurefor domestic freight terminals all over the country We also expect to investanother R 8 million in national and international freight systems This willenable TAM CARGO to increase its ability to move freight and integrateoperational sales and financial management more fully said Rodrigues For 2008 in addition to acquiring more planes from the Airbus familythe arrival of four Boeing 777-300ER is scheduled with greater capacity inthe hold for shipping freight and will strengthen the international expansionenvisioned by the company The current fleet has 110 planes and the companyexpects to end the year at 123 Projections for the close of 2012 are for 147aircraft in operation In the international market three new destinations or routes - still onthe drawing board - and new agreements with airlines and groundtransportation companies should expand even further the range of optionsavailable to freight unit customers For the domestic market the installation of advance stations - TAMCargo outlets set up on site at customer facilities - will be extendedThese outlets will make it possible to strengthen still further the bondbetween TAM Cargo and its customers offering more flexible and personalizedservice TAM CARGO TAM Cargo offers a portfolio of services that meets the needs of allpublics TAM Cargo Next Flight recommended for any sort of urgent shipmentas the fastest on the market TAM Cargo Next Day suitable for sending anysort of shipment that must be received by the recipient the day after it issent TAM Conventional Cargo ideal for shipping large volume and specialfreight as well freight not requiring fast delivery TAM InternationalCargo a service that meets import-export shipment demands for freight movingfrom airport to airport As of now TAM Cargo serves 42 Brazilian airports with direct flightstakes on cargo in more than 400 cities and delivers to more than 3900locations throughout the country TAM International Cargo reaches some 45countries and more than 120 cities scattered across Mercosur countries NorthAmerica Europe and the Far East In striving to deliver excellent service TAM Cargo offers customerservice channels via httpwwwtamcargocombr and its 24-hour Call Centerwhich allows users to obtain general information about shipping merchandiseprice quotes scheduling pickups and tracking shipments in real time Servicefor Sao Paulo and Greater Sao Paulo is done by phone at 55-11-5079-9999 other locations should call 0800-562211 Starting May 1 the call center will begin providing service to all of Brazil at 0300-115-9999 Investor Relations Phone 55-11-5582-9715 Fax 55-11-5582-8149 investtamcombr httpwwwtamcombrri Press Office Phone 55-11-5582-8167 Fax 55-11-5582-8155 tamimprensatamcombr MVL Comunicacao TAM Press Office Phone 55-11-3594-0302 0304 0305 About TAM TAM Linhas Aereas httpwwwtamcombr has been the domestic marketleader for more than four years and closed the month of March 2008 with514 of market share The company flies to 42 destinations in Brazil Withbusiness agreements signed with regional companies it reaches 79 differentdestinations in the national territory TAMs market share among Braziliancompanies that operate international airlines stood at 689 in MarchOperations abroad include direct flights to 17 destinations New York andMiami USA Paris France London England Milan Italy FrankfurtGermany Madrid Spain Buenos Aires and Cordoba Argentina SantiagoChile Caracas Venezuela Montevideo and Punta del Este UruguayAsunciOn and Ciudad del Este Paraguay and Santa Cruz de la Sierra andCochabamba Bolivia Beyond this it has code-share agreements that makepossible the sharing of seats on flights with international companiesenabling passengers to travel to 64 other destinations in the USA Europe andSouth America A pioneer in Brazils airline industry with the launch of itsPrograma Fidelidade frequent flyer program TAM today has more than 45million members and has by now issued more than 52 million tickets forfrequent flyer points Web site httpwwwtamcombr TAM
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