Independent journal on economy and transport policy
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Kuehne + Nagel and VTG will melt some railway logistic activities
On January 1°, 2014 it will be born joint venture VTG Rail Logistics
September 30, 2013
The logistic group Helvetic Kuehne + Nagel has signed an agreement with German group VTG, specialized in the chartering of railway wagons and the railway logistics, with the objective to melt some respective railway logistic activities that will be exercised by the joint venture new VTG Rail Logistics. The new society, than second the forecasts will become operating the next 1° January and of which VTG it will have the majority of the capital, will have about 270 dependent and will operate in 12 nations. The fusion does not include the intermodal railway logistic activities of the Swiss group.
Kuehne + Nagel and VTG have emphasized that the fusion will allow a remarkable increase of the activity, in particular in the segment of the industrial cargo transport. "With joint venture VTG Rail Logistics - the managing director of the German group has explained, Hieko Fischer - a society of railway logistics with a net of European centers is created and new possibilities of transport solutions that indicate the road for the future". "They are very pleased - it has declared the chairman of the Helvetic group, Karl Gernandt - of being been able to ulteriorly widen ours partnership with VTG. The fusion allows us to arrange logistic the strong experiences of two partner that are completed perfectly mutually in terms of E regions activity on which they are focused".
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The logistic group Helvetic Kuehne + Nagel has signed an agreement with German group VTG, specialized in the chartering of railway wagons and the railway logistics, with the objective to melt some respective railway logistic activities that will be exercised by the joint venture new VTG Rail Logistics. The new society, than second the forecasts will become operating the next 1° January and of which VTG it will have the majority of the capital, will have about 270 dependent and will operate in 12 nations. The fusion does not include the intermodal railway logistic activities of the Swiss group.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
