1,000 more transport contracts for cool logistics provider
In Germany, Thermologistic has acquired the transport services provider Frankfurt Cargo Road as part of insolvency proceedings.
With the takeover, the company's staff has grown by nine additional employees at the Frankfurt office. Thermologistics has also added thirteen mega trailers, seven canvas trailers and six GDP-certified cooling trailers to its vehicle fleet. The latter are equipped with cutting-edge telematics and C-Log systems.
With this acquisition in the current financial year, the provider of cold logistics services hopes to gain 1,000 additional transport contracts. 70% of these assignments will be pharma transports and around 30% will be engine transports. Thermologistic also expects a 25% increase in turnover for 2020.