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    Dear reader

    Winter is near and this means it is time to prepare the transport equipment and material for a colder and more humid climate.

    FREJA has the pleasure of sending out a newsletter in which we - among other things - focus on the latest digital offer for you as customer. We call the offer MyFREJA, and in FREJA we are proud to deliver yet another product, which enhances the transparency in the customer’s activities. MyFREJA goes hand in hand with our DNA, where credibility and innovation separates us from our competitors.

    During the past years, FREJA has worked determined to develop our brand and services, so that we are able to call ourselves a full-service provider and a partner with a one-stop-shop solution. In this newsletter, you will find an article telling about how FREJA has handled over-sized cargo for Valmont A/S, and John Meldgaard Nielsen has given an interview about how we have handled a transport of 650 cm wide elements - correctly, on time and with the right solution.

    In the newsletter, you may also read about an administrative development in FREJA, where we recently have chosen to merge Consulting Services and 4PL. We call this 4PL Services and it is a natural step in the development with our customers.

    Finally, you may read about FREJA’s strategical plan for expansion in the East. With the purchase of Transcargo, the FREJA organization is stronger than ever before, and our new HQ in Poland sets new standards for FREJA’s reach in Eastern Europe, Southern Europe and Central Europe.

    On behalf of FREJA, I thank you for your interest in our newsletter and wish you enjoy reading.

    Ulrik Rasmussen
    Managing Director
    Telefon: +45 9670 5330
    Mobil: +45 5234 5330


    FREJA finds the solutions

    As a supplier of heavy steel structures, it is not always easy to transport the cargo and Valmont SM needed a customized solution for their shipments of rotor houses. The challenges arose due to a factory relocation from Siemens, which changed the delivery destination from Denmark to Germany and FREJA came up with a solution.

    This shipment was special to Valmont SM as Siemens had closed their plant at Lindø, Denmark and relocated to a new factory in Cuxhaven, Germany and since the road-restrictions for moving cargo in Germany differs from those of Denmark, it was not possible to move the cargo by road.

    With a diameter of 650 cm and a combined weight of frame and cargo of 31.5 tons, the dimensions exceeded what is normally allowed on the road in Germany. In Denmark, this type of road transportation is usually less problematic and only limited to nighttime transportation with two escort vehicles. In Germany on the other hand, this kind of transport is subject to police escorts, which was rejected by the local authorities. Alternative routings were also explored, but it was not possible to obtain general transport permits in Germany.

    Instead, FREJA solved this problem by coming up with a RO/RO solution via Esbjerg with a mere 6 hour sailing to Cuxhaven. To ease handling, the rotor houses were loaded on MAFI trailers, which secures a smooth loading operation on board, as well as in the ports.

    The close cooperation between Valmont SM and FREJA is important because the future will bring new and bigger versions of the components. The new types will go way beyond 650 cm in diameter and be heavier on weight. Therefore, with the new types there will be less cargo per transport unit. “This will create new challenges that we look forward to solve with FREJA” Project Manager for Valmont SM, John Meldgaard Nielsen says.

    Contact Hongyi Niu, Global Project Director and ask how FREJA can assist you with project forwarding.

    Hongyi Niu
    Global Project Director
    Telefon: +45 9670 5252
    Mobil: +45 5234 5252


    FREJA introduces 4PL Services

    FREJA is optimizing the organization’s products by combining Consulting and 4PL products under the name 4PL Services. With this arrangement, the customers get a product that meets the needs through a neutral service. Engagement with this new division can be widely used – from smaller projects with counseling concerning supply chain topics to a complete logistics unit that includes purchasing and coordination tasks.

    "After two years with FREJA Consulting, we have developed the product by listening to our customers. The customers want more counseling and opportunities for optimization in regards to 4PL engagement. This is why the natural next step for us is to follow our customers’ behavior and tailor our organization to use these competences in a closer cooperation than we have done previously,” Kenneth Sandgaard, Head of Digital & Innovation, says.

    [caption id="attachment_4456" align="alignnone" width="619"] 4PL Services has a wide range from simple consolidation potential to outsourcing of operational task planning[/caption]

    As a leader of innovation concepts, Kenneth Sandgaard argues that changes in the product portfolio will bring the customer closer to FREJA: “As a FREJA customer, you get access to a range of shelf products that was previously sold as counseling. In the future, the customers will pick the service as if it were a product on the shelf in the grocery store. Our analysis motor supports multiple needs – from consolidation potential to the outsourcing of operational task planning with 3PL companies.”

    Contact Kenneth Sandgaard for further information - or read more at our Danish website.

    Kenneth Sandgaard
    Head of Digital & Innovation
    Telefon: +45 96 70 53 60
    Mobil: +45 52 34 53 60


    FREJA expands on former Transcargo markets

    With the take-over of Transcargo in the beginning of 2018, FREJA increased our presence from the four Nordic countries and China to include Poland, Ukraine and Slovakia. The sites, which have been added, have strengthened FREJAs European reach and secured ownership of even more activities. “It is beneficial to our customers when we take ownership of strategically important activities in areas, in which the customers centralize their volumes”, says Ulrik Rasmussen Managing Director Denmark.

    The FREJA Group now counts more than 1,000 trucks in East Europe in addition to the four Nordic countries. Transcargo Poland acts as the natural East European transport hub with HQ in Szczecin. Just now FREJA is planning a large development in Szczecin where a new Polish HQ will be built on a 70,000 m2 large site. We will construct a top modern transport & logistics center with a high-stacking warehouse of 7,000 m2 and 3,000 m2 for cross-docking and suitable pick & pack assignments. The facilities will be ready in the beginning of 2020.

    In addition to Szczecin we support our Polish activities from sites in Gielda, Lodz, Blonie, Kiev (Ukraine) and Martin (Slovakia). The level of activity supports a still strong competitiveness with “flexibility” and “customer service” as keywords in our daily work. Furthermore, we have added temperature-controlled activities to our product portfolio, and in 2018 FREJA has become market-leading to Poland and Greece on transport of enzymes, meat, dairy products and more.

    Torben Mortensen, Managing Director Poland, says: “FREJAs customers will experience an increased level of activities because of this expansion, and we will stand stronger than ever on the East European markets. It is important to follow the customers’ development, and with these investments, we secure flexibility in the future as well as a punctual service”.

    Contact Torben Mortensen, Managing Director Poland, to learn more about how FREJA will be able to meet your demands.

    Torben Mortensen
    Managing Director Poland & Regional Director Denmark South
    Telefon: +45 3697 0109
    Mobil: +45 6039 8679


    Business Intelligence

    MyFREJA is our latest online platform that makes it possible to analyze transport properly. Microsoft Power BI machine has an intuitive user interface that makes it possible to get an overview and a presentation of the flow of the goods, activities, etc. via dashboards and visualizations of the collected data.

    The data is reflected in our ERP system, thus it creates an ultimate transparency in the supply chain activities registered by FREJA. The data is delivered back to the right owner – the buyer of the transport – in the dimension’s ‘Shipment’s View’, ‘Turnover View’, and ‘Unit’s View’. This increases the understanding of activity related fluctuations over time between countries, zip codes, suppliers and clients. Besides the opportunities for analysis, MyFREJA gives shortcuts to other e-services and file sharing functions.

    Call your FREJA contact person today at +45 96 70 50 00 or freja@freja.com and ask for a preview of MyFREJA and the options for your setup.

    Kenneth Sandgaard
    Head of Digital & Innovation
    Telefon: +45 96 70 53 60
    Mobil: +45 52 34 53 60


    en_GB

    The predicted increase in German road tax has now been passed by the German Bundestag. This means increases of as much as 60 % compared to the present level.

    For trucks with 5 axles and an Euronorm 6 engine the increase will be 39 %. For trucks with 2-4 axles and an Euronorm 6 engine, which is typically used for distribution, the increases will go up to 60 %.

    During December 2018 FREJA will prepared updated road tax rates with effect on 1st January 2019.

    If you have any questions, please feel free to address your normal FREJA contact person.


    en_GB

    Once again, this season’s last four tournaments will constitute the Nordic Golf League’s playoffs “FREJA Final Series”. As usual, the best player in the season’s last four tournaments will win an exclusive watch sponsored by FREJA Transport & Logistics.

    FREJA Final Series was introduced in 2014 to add some extra excitement to the completion of the season and to give those players, who could no longer reach the Challenge Tour, something extra to fight for.

    Bonus of 75.000 DKK
    This year is no exception. As the 10 best players on the ranking list are battling closely to advance to one of the five spots in the Challenge Tour, the rest of them probably have to admit, that they have had their last shot at the ECCO Tour and Nordic Golf League. With a Breitling Navitimer watch worth approximately 75.000 DKK (10.000 Euros) as a bonus, the motivation is at its highest for every man on the field.

    Will we get the first Danish winner of the FREJA Final Series?
    We have never had a Danish winner of the FREJA Final Series, but with Marcus Helligkilde’s victory in Ekerum Öland Masters and Drederik Dreiers two top placements, the two young up-and-coming golfers might win the exclusive watch. Helligkilde and Dreier are placed as number two and three on the ranking list. xannonce.ch

    This week, “Race to Himmerland” will take place and all the leading players are in. By winning Race to Himmerland, the player will be one big step closer to winning the exclusive watch and FREJA Final Series.

    The previous winners of the FREJA Final Series:

    2014: Jacob Glennemo, Sverige
    2015: Christofer Blomstrand, Sverige
    2016: Alexander Wennstam, Sverige
    2017: Axel Boasson, Island
    2018: ?

    [caption id="attachment_36" align="alignnone" width="600"]Axel Boasson - winner 2017 Axel Boasson - winner 2017[/caption]


    en_GB
    en_GB
    en_GB

    The German authorities have notified substantial increases in road tax on 1st January 2019. The changes have not yet been passed but we expect the German Bundestag to approve the new rates during October/November 2018.

    The proposal includes new road taxes for the years 2019-2022 and Euronorm 6 engines will have a raise of as much as 39 %.
    Unfortunately, we will have to impose the additional costs upon our customers. echo

    We will keep you updated on our website end of November or beginning of December 2018.


    en_GB

    EvoLog Nakliyat ve Lojistik in Turkey and FREJA Transport & Logistics A/S in Denmark and Norway have entered into a partnership concerning forwarding activities. By establishing this new partnership, EvoLog and FREJA will be in a position to realize our shared ambition of setting up a high quality, innovative and competitive distribution solution between Turkey on the one side and Denmark and Norway on the other side.

    The partnership is based on high quality service and regular departures between the countries with full traceability of all shipments in the form of track & trace and online POD.

    The frequency of departures for as well groupage, as LTL and FTL between Turkey and Denmark/Norway will be extended considerably. Both EvoLog and FREJA have in-house customs clearance departments working quickly and smoothly assuring that your consignments are in safe hands all the way from pick up to point of delivery.

    In order to strengthen our organization and expertise on the Turkish market, we are pleased to announce that Mr. Christian Toxværd Munch as of September 1st has joined FREJA Transport & Logistics A/S as Head of Department for our activities in Turkey, Balkan and the Black Sea. And for the average person in the street, it’s hard to obtain bitcoin and too complex to make a transaction. The main causes are a lack of education among retailers and the lack of an easy-to-use and trusted merchant platform. This is where we step in. Bitcoin is still young. Think of it as a moody teenager; sometimes the price is up ,sometimes it’s down. Cryptocurrencies are powerful, they allow any two people on the planet to transact freely with one another, this gain of freedom promises exciting innovations and lucrative opportunities. Christian has 30 years of experience on these markets, and is the person to bring FREJA several steps closer to reaching our ambition of being the market’s preferred quality-transport and logistics provider on the Scandinavian-Turkish market.

    EvoLog truck


    en_GB

    The transport- and logistics company FREJA Transport & Logistics Holding A/S announces a satisfactory result for the first half of 2018. The merger with Transcargo has been completed in Denmark. Despite the one-off costs of the merger, Denmark comes out with a stable result. The subsidiaries in Norway and Finland continue to deliver results which are markedly above market level, just like the ”youngest” subsidiaries in Poland and China make positive contributions. A serious and solid sales promotion focusing on developing efficient and value-adding solutions for both FREJA and the customer creates strong customer relations. Focus on developing the business and investments in IT, RPA and employees remain high-priority and are contributing factors to the continued growth of the privately-owned Skive company.

    Despite the effects of acquisitions and investments, the result of the first half of 2018 is satisfactory

    FREJA Transport & Logistics Holding A/S ended 2017 by acquiring Transcargo in Padborg. The merger of the Danish activities was completed on 1 June, when Transcargo became part of FREJA Denmark. As anticipated, both turnover and revenue have been affected by the merger. It has been possible to retain both revenue and a positive development in the EBIT margin, which has increased by 0.1% in the six months from 2017 to 2018. However, the pre-tax profits have been affected by one-off costs in the sum of DKK 5.3 million relating to the acquisition of Transcargo and the subsequent merger of Danish activities in Transcargo. Add to this, significant investments in expanding logistics activities in Norway and the implementation of new, significant logistics customers who only contribute from Q3 onwards. In 2017, revenues were up in the sum of DKK 18.5 million from the sale of premises in Tumba, Sweden. This results in a total net decrease in pre-tax profits of DKK 17 million in comparison to the previous year. If the result is corrected for one-off income and expenditure, the result is a significant increase in ordinary operations.

    The following key figures for FREJA Group are published with respect to the first half of 2018

    FREJA Transport & Logistics Holding A/S reports a 19% growth in turnover for the first half of 2018 compared to the previous year. The total turnover for the first half of 2018 ends at a total DKK 1.55 billion.
    EBIT for the first six months of the year total DKK 27.2 million in 2018 compared to DKK 21.4 million in 2017. The pre-tax profits of the year total DKK 21.2 million in 2018 compared to DKK 38.1 million for the same period of 2017.
    The group equity capital has increased from DKK 241.1 million as of 30 June 2017 to DKK 275.1 million as of 30 June 2018. The solvency ratio decreased to 27.4 % as of 30 June 2018.

    The development in the subsidiaries in Norway and Finland continues to be positive, Denmark continues the trend of stable growth whereas, in Sweden, there have been challenges during the first half of 2018. After a couple of years of investing in China, we now see a positive development providing a stable return. Poland is a new FREJA country after the acquisition of Transcargo and contributes positively to the overall revenues.

    High quality and new post-merger markets ease sales promotions and provide unique possibilities for continued growth in FREJA
    Jørgen Hansen, Group CEO, has on several occasions stated that FREJA is focusing on developing long-term relations with both customers and suppliers. While focusing on streamlining, FREJA is aware of the fact that people remain the most important resource in collaborations. The key traits in a strong collaboration are openness, trust and credibility. FREJA’s is based on a strong set of values and the mission is to develop the collaboration with customers on a daily basis. The first half of 2018 has been a busy time with the implementation of a number of significant customers in both Denmark and Norway.

    ”A reasonably satisfactory result for the first six months of 2018, taking into consideration the costs of acquisitions and the merger of Transcargo as well as the implementation of many new significant contracts. Given the new FREJA map, feeling optimistic about our ability to do even better is not difficult” – says Jørgen Hansen, Group CEO, and continues, ”Our new platform in Poland has provided us with new possibilities – we now have to take advantage of the competitive advantages on offer – both in Poland and in the FREJA Group as a whole. In addition to a unique platform, we have motivated and well-trained employees who, every day, are prepared to do better for our customers than the previous day. We look for possibilities that take us one step ahead of our competitors. This is why we train our ”organisation” in the skills necessary to do so. We will continue developing and investing in IT, RPA, training and people”, concludes Jørgen Hansen.

    STATEMENT FIRST HALF 2018

    For further information, please contact Jørgen Hansen, Group CEO


    en_GB

    The Finance Bill for 2018 decided to introduce parking limitations and control of trucks on lay-bys in Denmark. Specifically this means, that any truck may park maximum 25 hours on the 90 lay-bys along the motorways in Denmark from the 1st of July 2018.

    The new legislation implies extra costs for FREJA as the long weekend rest of 45 hours no longer can be held on the existing 90 lay-bys along the motorways.

    Since FREJA has not yet received all relevant information regarding the new parking limitations, we do not know the financial consequences. We therefore need to underline that from the 1st of July we will introduce a surcharge to cover direct and indirect costs.

    If you have any questions, please contact your usual contact person in FREJA.