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J&T Express is an international delivery company founded in August 2015 in Jakarta, Indonesia. Its core business is express services and cross-border logistics. With over 300,000 service personnels worldwide, J&T Express' network spans 13 countries including China, Indonesia, Vietnam, Malaysia, Thailand, the Philippines, Cambodia, Singapore, the UAE, Saudi Arabia, Brazil, Mexico and Egypt.
Large courier companies include DHL, DTDC, FedEx, EMS International, TNT, UPS, India Post, J&T Express and Aramex. These offer services worldwide, typically via a hub and spoke model. Couriers services utilizing courier software provide electronic proof of delivery and electronic tracking details.
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The NCPDP Telecommunications standard includes transactions for eligibility verification, claim and service billing, predetermination of benefits, prior authorization, and information reporting, and is used primarily in the United States. Edig@s (EDIGAS) is a standard dealing with commerce, transport (via pipeline or container) and storage of gas.
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J&T invests mainly into the financial services, energy sector, real estate, health care, media and sports. Together with the Penta Group , it is the biggest investment group in Slovakia. In 2010, J&T Finance Group achieved a net profit of €85.0 million (down from €116.0 million in 2009) and total consolidated equity of €729 million.
In a single transaction, the forwarder may be acting as a carrier (principal) or as an agent for his customer or both. Together with tracking, freight forwarding agents often have real time information on the freight. [8] Some forwarders may specialize in niche areas such as rail-freight, and collection and deliveries around a port.
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