A fantastic journey and a tremendous development - but also quite a lot of challenges - has resulted in an enterprise with huge commitment and a desire to create value for as well FREJA as customers and partners.
The journey in Sweden started with the establishment in Helsingborg and a staff of 10 people. Shortly after, FREJA purchased Euro Traffic Helsingborg and TKS in Tumba. During 2008 FREJA purchased Åkeribolaget in Helsingborg together with TKS in Tumba and both companies were merged into FREJA in 2009.
In the spring of 2009 FREJA established office and terminal in Jönköping, which was an important step towards the further development in the North and for domestic activities. FREJA took over ATS in Växjö during the summer of 2010. The company in Växjö was moved to Jönköping and Helsingborg during spring 2012.
In May 2013 FREJA opened an office in Göteborg and is now present on four strategic addresses in Sweden with a total of approx. 100 employees.
In 2017 FREJA in Helsingborg will move all activities to new premises on a new location close to E6. From there, FREJA will be able to handle transport to and from the Continent, the North and domestic in Sweden.
FREJA Sweden services the market with 320 trailers and has a full covering domestic system with local sub suppliers. The ongoing development of IT solutions and products enables us to meet the market's demand for track & trace, speed and precision.
With FREJAs local presence and focus on finding solutions to all kinds of transport assignments, we look forward to serving the market with transport- and logistics solutions for many more years.
As of October 1st, 2021, the Danish logistics operator FREJA Transport & Logistics A/S acquires 80% of the Norwegian company Thoresen Transport AS. FREJA is part of the international group United Shipping & Trading Company (USTC), and the acquisition strengthens the group's position as one of the leading companies in the Nordic transport market.
Thoresen Transport has had a positive development for many years and is recognized for its good customer service and high quality. In the current financial year, a turnover of a minimum of 135 million NOK is expected.
“We have been looking for the right partner for a long time, and when the opportunity arose to acquire the majority stake of Thoresen Transport, it was quite an easy decision. With the acquisition, we are now ready to deliver even better service to our customers through higher quality and a broader portfolio. There is no doubt that their customer segments fit perfectly into FREJA's Norwegian business”, says Ulrik Rasmussen, Group CEO of FREJA Transport & Logistics Holding A/S.
Thoresen Transport is a well-established transport and forwarding company in Larvik, which was founded in 1982 by the current owner and founder Lars Thoresen and his brother Knut Thoresen. The company currently has 25 well-qualified employees working with national and international transport, container transport, and customs/forwarding. Following the acquisition, Lars Thoresen will continue as head of Thoresen Transport, which will have its office, warehouse, and terminal facilities at the current central location at Larvik Harbor.
“Since we founded the company, it has been our ambition to create growth and expand our business areas. I am very proud and happy that Thoresen Transport from now on will be part of FREJA as we have collaborated for the past nine years in Vestfold, Buskerud, and Telemark. We have full confidence that the culture and the strong values that characterizes the company will continue, even with a new main shareholder”, says Lars Thoresen, the current owner of Thoresen Transport.
Focusing on growth going forward
FREJA Transport & Logistics looks forward to the new collaboration and emphasizes that the growth ambitions have not been reached with this acquisition:
“We are constantly looking for good, well-operated companies that share the same values as us and can help us meet our long-term goals. Therefore, this acquisition is a natural step towards developing FREJA and our growth strategy”, says Ulrik Rasmussen.
Lars Thoresen will continue to hold the remaining 20% of the shares in Thoresen Transport, and the company will keep the name Thoresen Transport AS.
The agreement is subject to approval by the relevant competition authorities. The transaction price will not be disclosed.
FREJA Transport & Logistics AB is expanding in Sweden and has now entered into an agreement with Tosito AB to build a brand new environmentally certified logistics property in Jönköping. FREJA Transport & Logistics AB quadruples capacity in Jönköping to 20,000 square meters. Construction is starting now and should be ready for occupancy in the spring of 2024.
The property company Tosito has signed a lease with FREJA Transport & Logistics for a logistics property in Torsvik. The logistics property is starting to be built now and will be approximately 20,000 square meters with occupancy in spring 2024. The lease is a so-called green lease, and the building will be environmentally certified according to Miljöbyggnad.
"We are very happy that FREJA has chosen to grow further at Torsvik in Jönköping. We have a good collaboration, and we are happy that we have received their trust again. We see this as proof that we had a successful collaboration and look forward to following their journey in the coming years", says Tommy Fritz, CEO at Tosito.
FREJA Transport & Logistics AB is happy that we, in collaboration with Tosito AB after a good and professional negotiation process, have arrived at a concept solution for the construction of logistics, cross-dock terminal, and office premises, which means that we quadruple our square meters in Jönköping. From the start, there has been a good dialogue and an understanding of the importance for FREJA to build an environmentally friendly, future-proof modern property.
"The decision about the expansion is partly based on a desire to expand in the region. Jönköping is an important point in Sweden for our setup, and not least the fine development and increase in volume we had, which made us outgrow our current property. FREJA is therefore looking forward with joy to now being able to offer the necessary space for all the requests we receive in relation to the services we can offer current and potential new customers", says Morten Dreyer, CEO at FREJA Transport & Logistics AB.
New potential customers are welcome to contact FREJA Transport & Logistics AB on +46 36 18 13 51 if you want to know more about what we can offer when the property is ready.
For more information, please contact:
Tommy Fritz
Managing Director at Tosito AB
+46 70 831 71 71
tommy@tosito.se
With the receipt of the approval from The Danish Competition Authority, we are very pleased to inform that closing was accomplished on January 31st 2018 with effect of January 1st 2018.
By uniting forces - and utilizing mutual qualifications and resources - we are convinced that we to an even larger extent have products, which will create value for our customers as well as for other business partners in the future FREJA Group.
With the acquisition of Transcargo - having a particularly strong brand within temperature controlled transportations and also being among the market leaders on the traffics between Denmark, the Baltic States, Central Europe and Greece - FREJA is one step closer to our goal of being a full service provider to the transport and logistics market.
The Danish companies are expected to merge during spring/beginning of the summer. More information will follow as soon as the practical matters have been sorted out.
Transcargo Poland will continue in the name Transcargo as a sister company to the other members of the Group.
Transcargo’s division in Brøndby will move to FREJA in Taastrup, just as certain traffics to/from Jutland will be united in Stilling respectively Padborg.
After the merger of the Danish units, the Transcargo office in Trelleborg will be integrated into FREJA Transport & Logistics AB and become the 5th FREJA location in Sweden. Further information will follow as soon as the final dates are known.
Together with our customers and business partners, we look forward to developing the possibilities, which we now have, to expand and develop the cooperation to our mutual benefits.
All former contact persons will be at your disposal if you have any further questions.
Biogas has been used to fuel FREJA’s transport in Finland since the beginning of December 2018.
FREJA started semi-trailer transport in collaboration with Gasum with the Iveco Stralis NP tractor unit. The collaboration is related to a study carried out under the CIVITAS ECCENTRIC project co-funded by the EU.
This study produces research data on the use of gas in heavy-duty transport. The CIVITAS ECCENTRIC project is developing a sustainable mobility system by testing biogas vehicles and the increased use of biogas in logistics.
– With gas our operating range is round 1,000 km. Gasum filling stations can be found easy along our transport route. Filling stations can be found in locations including Turku, the Helsinki Metropolitan Area and Jyväskylä. This study provides research data so that more operators can include gas-fuelled vehicles in their fleet, says Transport Coordinator Antti Setälä from FREJA.
– It’s important to cut heavy-duty road transport emissions and it’s great that frontrunner operators such as FREJA make environment friendly choices. The transport use of LBG enables considerable emission reductions, and this development helps cut CO2 and fine particulate emissions in the Turku region, says Senior Sales Manager Jani Arala from Gasum.
Energy company Gasum is the leading supplier of biogas in the Nordic countries.
The transport use of biogas can reduce greenhouse gas emissions over the life cycle of the fuel by up to 85% when compared to traditional fuels.
Renewable biogas is produced from feedstocks.
– We want to develop efficient transport solutions where the environmental burden is minimized. Quality and responsibility are our core values,” says Traffic Director Sampo Koulu from FREJA.
Finnish FREJA Transport & Logistics Oy, a part of the Nordic FREJA Group, offers road transport, sea freight and air freight. FREJA has offices in Turku (headquarters), Vantaa and Vaasa. Read more about FREJA’s quality and environment.
The CIVITAS ECCENTRIC project was launched to develop a smart and clean mobility system. The first Finnish CIVITAS city Turku aims for carbon neutrality through measures such as electrifying public transport and expanding the use of biofuels. Launched in September 2016, the EU co-funded CIVITAS ECCENTRIC tests biogas vehicles and the increased use of biogas in logistics. The project enables this piloting until 2020. Photos:
In mid-April, we welcomed a new Branch Director for FREJA in Szczecin. We are pleased to have Grzegorz Giel on board, who brings almost twenty years of experience in serving Scandinavian markets, gained from companies such as Enterprise Logistics and DB Schenker.
About starting in FREJA, Grzegorz says: "After the opening of the Szczecin terminal, which makes an impressive impression, FREJA in Poland faces challenges related to further development."
There is no doubt that one of the priorities will be to take advantage of the opportunities offered by the new facility in Szczecin.
Grzegorz continues: "My goal is to develop groupage and LTL shipments, not only for FREJA's large Scandinavian market but also in Western Europe. We have a great team in Szczecin, which received me very positively. It is a great pleasure and satisfaction to be part of FREJA when we have such opportunities for the development of our organization and customer support."
FREJA has since 2019 been validated and approved for storing organic goods for our customers in our logistics center at Berger, North of Oslo.
After Brexit became a fact on January 1st, 2021, UK was defined as a third country when it comes to importing organic goods, and due to this, new requirements were imposed on the first recipient of organic goods from the UK. To further strengthen our services to our customers, FREJA in Norway has once again requested validation as an approved first recipient, now also for goods coming from outside the EU.
[caption id="attachment_23688" align="alignnone" width="800"]Our professional staff follows specific processes for handling organic goods.[/caption]
"Storing organic goods requires specific processes for handling, and in particular, this applies to organic goods coming from third countries." says Joar Bjørndal, Head of Logistics at FREJA in Norway.
We are proud to announce that our Norwegian branch is now certified as the first recipient of organic products, also from third countries, and we are pleased to offer this service to our existing and new customers.
We also offer this service in Denmark, where we have been approved by the Danish Veterinary and Food Administration for several years.
Since the last issue of our newsletter, one subject has had a strong presence – not only in FREJA but in all society – the world-wide pandemic COVID-19. We have constantly initiated the necessary health-related precautions and adapted to the situation in order to keep FREJA and our customers in business.
One of FREJA’s customers, Radius Distillery, has proven to be particularly adaptable. Normally, they produce liquor, but as the Corona crisis started, Radius Distillery changed their production into producing hand sanitizer. FREJA has the great pleasure of distributing the products.
Last year, FREJA started the construction of a new domicile in Szczecin, Poland. Luckily, the construction has not been affected by the Corona crisis and will be ready to open as planned in June. We look forward to having the opportunity to present the result when we will be allowed to gather a larger group of people.
The past months have also been spent on writing our CSR report for 2019. In FREJA, we have taken on a responsibility to reduce the CO2 emission. Therefore, we constantly work on creating sustainable transport solutions in close cooperation with our customers.
FREJA’s annual report for 2019 has been published recently. We have created a minor increase in turnover compared to 2018, and we present a total group turnover of DKK 3.34 billion.
The above mentioned topics are a selection of the articles which you can read in FREJA’s newsletter. Now, we look forward to a summer where the level of activity hopefully will increase following the Corona crisis. The different countries are slowly opening up again, and I am pleased that we receive inquiries from our customers on a daily basis.
I wish you all a fine summer and hope you enjoy reading the newsletter.
Jan Sunde
Our annual report has just been published, and it shows an improved result for 2019.
Improved result for 2019 - FREJA's annual report gives reason for continued optimism
In FREJA, we have just presented our annual report for 2019 and it shows a total turnover for the group of DKK 3.34 billion. FREJA Denmark’s part of this is DKK 1.7 billion with a minor increase in turnover compared to 2018. In Denmark, we have had a special focus in 2019 on further developing our European groupage system and to offer global logistics solutions. We have carried out a successful integration of Transcargo and obtained positive synergies in the Danish organization. Especially our road traffics, project division, and logistics department have grown in 2019. We have strengthened the organization in sales and marketing, and we are convinced that we have a very solid platform as a basis for further growth.
Through more than 10 years, FREJA has invested massively in the development of our IT tools, and 2019 is no exception. We invest partly to optimize and streamline our own business, but also to become more competitive and to give advantages to our customers in their value chain. The presentation of MyFREJA and not least our associated extra services such as consultancy services have been a success, and we continue to develop our IT-platform. It is still our ambition that the product will give considerable financial advantages to all parties and help lift FREJA’s position in the European transport industry.
2020 has started off well. We had a Q1 that lived up to our expectations, while the outlook for the rest of the year is uncertain because of the COVID-19 pandemic. However, we are optimistic, and we believe to have a business foundation and a team to carry us through the crisis.
Radius Distillery restructured their business and started producing hand sanitizer when society needed it the most.
From hand-crafted spirits to hand sanitizer - FREJA is agile with Radius Distillery
When the Corona crisis hit Denmark in February, and the country was basically shut down, many companies were put to the test. Several companies had to come up with alternative business models to ensure survival. One of these companies is Radius Distillery, which normally produces hand-crafted spirits at Oremandsgaard Estate in Præstø, Denmark.
To ensure survival, Radius Distillery saw the need to restructure their own business. They decided to expand their product range in a slightly different direction, and they started producing hand sanitizer. In a week, they obtained the necessary permits and changed the equipment they normally use so they could start the production. Not only did the restructuring mean that they could save the company, but it also meant they could help the community.
Kristian Larsen, Co-Founder of Radius Distillery, is pleasantly surprised by the kindness and willingness to help with which they have been met. “When we announced that we were going to produce hand sanitizer, everyone was ready to help right away. Our partners and suppliers prioritized our tasks, so we had everything we needed to get started and thus contribute to the community. Among other things, it is because of them that we were able to change the production within a week”.
For Radius Distillery, it is essential to have a transport partner who is agile just like them. “The collaboration with FREJA has exceeded all our expectations. From the very beginning, they have delivered competitive prices and high-quality service. FREJA has always shown flexibility, and it was no problem when we suddenly had to deliver hand sanitizer to pharmacies, hardware stores, and private companies. We are more than satisfied with our cooperation, and we appreciate that it has always been easy to cooperate with FREJA”, Kristian from Radius Distillery elaborates.
Radius Distillery produced a FREJA gin with ingredients such as juniper, sea buckthorn, and yellow bedstraw.
At FREJA, we value strong partnerships with our customers, as we then can help each other grow and develop. Just as FREJA has helped Radius Distillery, they have also helped us. Last year, we chose them when we wanted to produce our very own FREJA gin, and we were very satisfied with the result. So satisfied that all our employees received a FREJA gin for Christmas, for which we have only received positive feedback.
We appreciate our cooperation with Radius Distillery, and we are happy that we can help each other when needed - especially in these times when change readiness has proved to be extra important.
The new logistics center in Szczecin contains modern warehouses with 20.000 pallet spaces.
FREJA can soon offer extended solutions from our brand new logistics center in Poland
The construction of our new logistics center in Szczecin is progressing as planned, and it is almost ready. In May, we completed the IT installations and set up racking systems in the warehouse, and we are currently installing electricity and water supply in the building. We are putting the finishing touches to the offices, and we expect to get the keys to the building in mid-June. We plan to move from the old location around the 21st of June, and if possible, we hope to have the official opening in September.
We have welcomed three new Business Development Managers to the team - Łukasz Kaczmarek, Przemysław Kulbat, and Remigiusz Gumowski. All of them have several years of experience within this industry, and with their professionalism and competencies, they will contribute to FREJA’s growth and development in Poland. Their role is to provide the best contract logistics opportunities for our customers and help them find the right solutions for their businesses.
From the left: Łukasz Kaczmarek, Przemysław Kulbat, and Remigiusz Gumowski.
Szczecin is an optimal location for logistics activities as it is close to Germany and provides easy access to the rest of Poland. With the new location, we can offer efficient solutions through our strong distribution system, as well as a state-of-the-art logistics center. The new logistics center in Szczecin contains modern warehouses with 20.000 pallet spaces, and with space for 250 trucks, this location is the focal point to and from Scandinavia and the Continent. There is plenty of room for our customers’ goods, and we offer services such as handling, packaging, labeling, storage, and other value-added services that are supported by a modern WMS system.
In addition to the Szczecin location, we have offices in Łódź, Błonie, Gdynia, and Tczew, so we can help ease your flow of goods via Poland. With the new facility, FREJA in Poland will be one of the largest logistics operators in the country and a valuable partner for your company.
In Poland, we will continue to offer the reliable, dedicated, and flexible solutions that we are known for, and you can expect to receive the same high-quality service that we always strive to provide. We are excited to expand our services, and we look forward to welcoming you to our new logistics center.
Click on the pictures of our logistics center to see them in full size.
For questions regarding your opportunities with FREJA in Poland, please contact your local FREJAN or our Managing Director in Poland, Tomasz Cegielski.
FREJA support UN's Sustainable Development Goals (SDGs). We are currently focusing on SDG number 3, 4, 5, 8, 9, 12, 16, and 17.
FREJA presents CSR report for 2019, which is based on the UN's SDGs
We are proud to present our CSR report for 2019. We have previously sent out a CSR report for 2017 and 2018, and this marks the third report.
At FREJA, we take responsibility. By issuing a CSR report annually, we strive to increase transparency across all stages of the supply chain so that our customers and partners have the best prerequisites for running a sustainable business.
CSR, or Corporate Social Responsibility, is one of the strategic areas we focus on. As a transport and logistics company, we are well aware that our activities affect the environment, and we do our best to minimize our impact. We are actively working on creating innovative solutions and optimizing our work processes to be more eco-friendly. However, CSR is not just about the environment and climate, it is also about the responsibility we have for society and our employees. In FREJA, we make a virtue of cultivating both the internal and external community. We provide good working conditions for all our employees, and we support the local community.
Our efforts and values are reflected in 8 of UN's 17 Sustainable Development Goals, also referred to as the SDGs. The CSR report for 2019 is based on the 8 SDGs that we at FREJA focus on, as they help give a good overview of our actions in these areas. We have chosen to work with the SDGs as they provide a good framework for guidance and inspiration. The SDGs that we focus on are:
3. Health and well-being
4. Quality education
5. Gender equality
8. Decent jobs and economic growth
9. Industry, innovation, and infrastructure
12. Responsible consumption and production
16. Peace, justice, and strong institutions
17. Partnerships for the goals
We hope that we can inspire other companies to make sustainable choices and that we can introduce even more sustainable initiatives in 2020.
To learn more about our approach to CSR, you are always welcome to contact QES Manager, Eric Clausen.
The whole world has unfortunately been affected by COVID-19.
COVID-19 – a special situation, which requires special precautions
Naturally, COVID-19 and the worldwide pandemic has had an influence on FREJA during the past three months. It is a very exceptional situation, which has spread rapidly throughout the world with large consequences for humanity and the world economy. In FREJA, we have experienced a relatively large cutback in activities on certain markets, while we have seen increased activities in other segments. We have continuously adapted to the situation, and to the farthest extent possible, a group of employees have worked from home, in order for us to limit the presence in the offices as much as possible. On the other hand, our terminal and warehouse staff have met for work facing huge changes in the daily work such as working in smaller teams with proper distance between each team, modified working hours, and other precautions. It has been a time with a new kind of team spirit, we have imposed on the flexibility of all employees, and we have also discovered other means of communication and ways to meet.
All FREJA countries have been affected by the situation. As we all know, it started in China, and FREJA’s employees began to work from home in the beginning of February. Many companies in China are now back to normal, and all means of transportation operate close to normal again. If we may assist you with transport assignments to/from the Far East, the team in our project department is ready to take your call.
Coronavirus has not disappeared from the society, and we continue to take our precautions and act responsibly with respect to everybody’s health. We clean, we use sanitizer, we keep our distance, and we show consideration for one another.
But we are also very ready to look to the future. Our physical surroundings, as well as our organization and employees, are ready to handle the wide range of inquiries which we receive from our customers.
People’s Business, modern technology and a lean platform are still keywords for ambitious FREJA
The transport & logistics group FREJA Transport & Logistics Holding A/S presents a satisfactory but not flashy result for 2018. Once again, the subsidiaries in Norway and Finland are the ones to deliver results above market level. In 2018 the Swedish subsidiary disappoints once again. 2018 was “year one” after the acquisition of Transcargo, which has resulted in some integration costs. The Danish part of Transcargo is 100 % implemented and merged into the Danish FREJA, and the result in the Danish subsidiary meets the expectations for 2018. In 2019 focus is on the Polish subsidiary, where the trucking part operates as an independent company. Furthermore, we have started construction of a brand-new HUB on a 75,000 m2 site in Szczecin. Our ambition is, that the new center will be ready on May 1st, 2020, and that the Polish subsidiary will transfer onto FREJA’s it-platform during the third quarter of 2019. The development in the Group and the integration during the course of the year, have progressed according to plan, so we have good reason to believe in continued growth as well as optimism.
The FREJA Group continuous the stabile development and is profitable in 2018
FREJA Transport & Logistics Holding A/S has a growth in turnover from 2017 to 2018 of 22,5 %. The total turnover in 2018 amounts to a total of DKK 3.12 billion.
EBIT amounts to DKK 51.4 mill. in 2018 against DKK 41.6 mill in 2017. The result before tax amounts to DKK 38.0 mill in 2018 compared to DKK 59.4 mill in 2017. The result in 2017 was influenced positively by non-recurring revenues, and 2018 is influenced negatively by transition and integration costs related to the purchase of Transcargo.
Group equity has increased from DKK 252.2 mill in 2017 to DKK 285.5 mill in 2018. The solvency ratio decreased from 37.2 % to 29.6 % at the end of 2018. The development in Denmark – including a controlled integration with Transcargo’s former Danish activities, has been positive resulting in increased revenue. In Norway we have opened a new office in Aalesund and in general the development in the subsidiaries in Norway and Finland are very positive.
Sweden does not live up to expectations for 2018. The continuing negative trend has resulted in a change in management in the beginning of 2019 and management resources have been added from Denmark as well. The Air & Sea segment has been strengthened by new employments, and we have invested in a stronger sales organization. The Swedish company still estimates a deficit for 2019 and the parent r company has added the necessary capital.
The newly acquired company in Poland has shown an excellent development and the potential for continuing growth is large. Likewise, China has had a fine development in as well turnover as earnings – a development we predict to continue in 2019.
In spite of massive investments in new technologies, transport is still a People’s Business
During more than 10 years, FREJA has invested massively in it’s it-platform and 2018 is no exception. We invest partly to optimize our own business, partly to become more competitive, but also to give our customers advantages in the value chain. We have launched MyFREJA to the delight of our customers, and we participate in a research project concerning exchange of data with customers and suppliers. We expect, that the final product will give significant financial advantages to all parties and thereby help lift the Danish transport business.
“Our focus is to continue to develop long-term relations with customers as well as suppliers. In spite of our large focus on efficiency improvements, we are also aware that humans are still the most important resource in the cooperation – transport is a People’s Business. The key-words for us in a cooperation are openness, trust and credibility. We have always run our business on the basis of strong values. We work on a daily basis to make a difference for our customers and make sure that together we will become a little bit better every day”, says Jørgen Hansen founder of and Chairman of the Board in the FREJA Group.
Readiness, humility and continued ambitions sets the agenda in the always hungry Jutlandic Group
“A reasonable annual result for 2018, but we are ready, and we have the ambition to show that we can do better. Our focus in 2018 has been on utilization of new technologies and integration of Transcargo. This year, our biggest focus will be on our new position on the Polish market together with re-establishment of the Swedish subsidiary, however it will not influence our development in China, Norway and Finland. The development for the first quarter of 2019 shows that we are on the right track. We have the platform and we are ready to reap the benefits of past years’ massive investments. And should there be further consolidation possibilities, we are also ready to take a look at that,” Jørgen Hansen finishes.
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Our professional staff follows specific processes for handling organic goods.[/caption]
