Logistics solutions for a world in motion
FREJA has the pleasure of sending out a newsletter today telling about social responsibility as part of FREJA's DNA, daily groupage departures to all Europe, Steelcon's choise of FREJA, and world-class golf in Himmerland.
Enjoy reading and have a wonderful summer!
Violence in connection with the G20 summit in Hamburg today and the coming days, can cause irregularities for deliveries and pickups, not only in the Hamburg region but in all areas where we transit Hamburg.
In April 2017, FREJA secured a project of two transformers + accessories (incl. an oil tank) to be sent from China to Denmark. The transformers have a weight of 56 tons each. In May the transformers and accessories started their journey from China and end June they arrived in Denmark.
The cargo has been on storage in Aarhus before delivery to the jobsite in the beginning of July. The accessories were transported into FREJA's warehouse and have been delivered afterwards according to client's request per order.
During the process, FREJA was present at port and at jobsite to ensure a smooth operation. FREJA China and FREJA Denmark have handled the shipment with care and to the customer's satisfaction.
Transport and logistics company FREJA Transport & Logistics Holding A/S announces a new earnings record in the first half of 2017. However, the record has not come through primary operations but through divestment of a property in Stockholm.
FREJA Group with weak growth in revenue but unchanged number of consignments and drop in EBIT
FREJA Transport & Logistics A/S reports revenue growth of 4% compared to the first half of 2016 amounting to a total of EUR 172 million. Gross profit drops from EUR 21.3 million to EUR 20.7 million while EBIT drops from EUR 4.1 million to EUR 3.1 million. The final profit before tax for the first half of 2017, however, amounts to EUR 5.5 million against EUR 4.1 million for the same period 2016.
Per 30/6 2017, equity amounts to EUR 32.5 million and the solvency ratio is 37.9%.
The consignment is on the same level as for the first half of 2016 although fluctuating between countries.
The decline in EBIT is primarily due to challenges in the Swedish subsidiary and a slight decline in both Norway and Denmark, as well as the investment in the construction of pharma-related logistics facilities continues. In Sweden, a major process has begun on the construction of a new management team, which is finally in place by the end of 2017.
During the period, FREJA's competencies in Pharma and Healthcare have been upgraded, and the activities in China have been expanded with an office with two employees in Guangzhou.
In the second half of 2017 FREJA expects that growth will increase marginally. We expect a turnover for the whole year 2017 to be EUR 350 million and a pre-tax profit in the range of EUR 8.1 – 8.8 million.
For further information please contact
FREJA AB strengthen the Swedish organization
The transport- and logistics group FREJA Transport & Logistics AB strengthen the Swedish part of the organization by new employments and restructuring
Jens Breiner (51 years old) started on September 1st as Branch Manager for FREJA Transport & Logistics in Helsingborg.
Jens has 20 years of experience from the transport and logistics industry from groups such as BAX Global, Scandinavian Shipping Agencies and GreenCarrier. The recent years Jens has worked as CCO for SweMaint AB in Göteborg.
In addition to his position as Branch Manager, Jens will serve as Head of Air & Sea and have the responsibility for building up these activities for FREJA in Sweden.
The employment of Jens Breiner will therefore allow Fredrik Dahlöff to concentrate 100 % on developing the European road activities.
Furthermore, Gustaf Engholm (46 years old) started on September 1st as Director Sales and Marketing.
Gustaf has a wide experience from as well sale as production within road, air & sea. His most recent employments have been management positions in sales and production at Agility and as Head of Road Freight Nordic at PostNord.
With this consolidation of the Swedish organization, FREJA Transport & Logistics AB is one step closer to having the Swedish organization in place and thereby being equipped to establish our position as full-service provider in transport and logistics, with service, flexibility and quality always having the highest priority.
For further information please contact
FREJA introduces a capacity surcharge on all road transports on 16th October 2017
In Europe, we experience an increasing financial growth, which naturally leads to an increasing need to move goods around, and this gives more traffic on the roads. At the same time a large amount of road repairs are going on at the European highways. These conditions have given the transport business a highly reduced productivity.
In addition, we have a general lack of drivers in the entire Eurozone. This lack of drivers is partly caused by the increasing demands, partly by the authorities’ tightened regulations especially for respecting the hours of rest during the weekends. We have followed the development over the summer and we now realise - after the holiday season has ended in Europe - that there is a large lack of capacity and that it escalates day by day.
So far, FREJA has taken on the extra costs caused by the lack of capacity, but we predict the pressure to continue. This further increases the requirements on us as transport partner in order to sustain the capacity, which is necessary to deliver the service and quality that we have promised you as customer.
Therefore, we find it necessary to introduce a capacity surcharge of 5.40% starting 16th October 2017.
We recognise that it deviates from our normal price polity to change a price in the middle of an agreement period, but we find it necessary in consideration of the previously mentioned conditions, which we experience at the moment.
If you have any questions to the above, please feel free to contact your normal contact person in FREJA.
We hope for your understanding of this exceptional situation and look forward to continue our cooperation.
Because of the holidays around Christmas and New Year the dates of departure will change according to the schemes below.
We have received warnings of strikes in Italy in week 44, 2017. It involves unions and members including warehouse staff and drivers. Rumour has it that strikes will take place Monday and Tuesday in week 44 and in addition, Wednesday 1st November is a holiday in Italy and in other Catholic countries/regions in Europe.
In this connection, we expect substantial delays, which may continue into the following weeks.
If you have any questions please contact your normal FREJA contact person for further information.
The transport- and logistics group FREJA Transport & Logistics AB will continue the development of the organization by new employments
Joachim Müller (46 years old) has been employed as Branch Manager for FREJA Transport & Logistics AB in Goteborg starting December 4, 2017.
Joachim has worked in the transport and logistics business during 28 years including the past 8 years as Branch Manager for Leman in Goteborg.
In addition to his general and wide experience in the transport business, Joachim will bring with him significant qualifications regarding the unaccompanied trailer traffic.
Patric Lundin (51 years old) has been employed as Business Development Manager Air & Sea on January 1, 2018.
Patric comes to FREJA with experiences from management positions within the logistics business partly in Sweden and during the past 13 years in Asia, China and the Middle East. Patric’s most recent job has been as Country Manager for Three Lines Shipping in Qatar and before that he held similar positions within the GAC Group in the Middle East and China.
With this strengthening of the Swedish organization FREJA Transport & Logistics AB is one step closer to having the organization in place to secure our position as Swedish business life’s preferred full-service transport & logistics provider, where service, flexibility and quality always will have the highest priority.
For further information please contact Group CEO Jørgen J. Hansen