Because of the holiday around Easter we offer changed days of departure.

Follow the link below for more information - you will be directed to the Danish web page.

Link to Danish website

In connection with this year's central wage settlement, there is a violation of the negotiations between The Confederation of Norwegian Enterprises and Labour Organizations. The settlement therefore goes to mediation, which is carried out on the 30th and 31st of March, with a deadline that expires at 24.00 on Sunday the 31st. of March.

If there is no agreement within the deadline, or in the event of no mediation in overtime, it will result in strikes starting Monday 1st of April.

FREJA is not directly affected as a part by a possible strike, but the general cargo terminals in Eastern Norway, where we reload our trucks, will be partially affected.

Although we are already re-planning transports to reduce the inconveniences this will cause, a strike will in practice lead to delays.

We hope that the parties will come to an agreement during the mediation and will keep you informed as soon as news arrives related to this.

Any inquiries and questions can be directed to your FREJA contact person.

The possible strikes in Norway have been cancelled. We therefore operate to and from Norway as usual.

Jørgen J. Hansen has chosen, that the future effort in FREJA will take place in the board room

After about 34 years of leading the daily operations of FREJA, Jørgen now wishes to use his expertise as working Chairman of the Board in FREJA Holding. Jørgen started FREJA with a partner in 1985 and has developed the company up to present times, with approximately 750 dedicated employees in 6 countries and with an annual turnover in 2019 of DKK. 3,4 billion. FREJA is a full-service provider and works in the segments of Road, Sea, Air, Project & Logistics, including Pharma logistics.

Ulrik Rasmussen is the new CEO
The present Managing Director in FREJA Denmark - Ulrik Rasmussen – will as of May 1st, 2019 take on the role as new Group CEO for FREJA and will as such replace Jørgen in this role. Ulrik Rasmussen, who has been with FREJA since 2010, has been Managing Director in FREJA Norway as well as in FREJA Denmark. Ulrik is 44 years old, is trained in the industry and has prior to his time in FREJA, amongst others worked as Director in England for DSV Road Ltd.

Ulrik takes on the new responsibility with great respect and with a wish to continue building on the values FREJA is based on. In close cooperation with the working Chairman of the Board he will be responsible for developing FREJA’s present strategy, growth, culture and good customer-, as well as supplier-relations.

Jan Sunde takes over after Ulrik Rasmussen
Jan Sunde has been appointed new Managing Director of FREJA Denmark as of May 1st, 2019. Since 2017 Jan has acted as Regional Director Denmark West. Furthermore, Jan has also during that time been a part of the Danish country management team.

Jan is 54 years old and has prior to starting with FREJA been Director in several companies, latest, Managing Director in Danske Fragtmænd Transport A/S. Thus, Jan has a solid background in the business and a valuable insight in FREJA.

Strengthening of the management team
In relation to the above, FREJA wishes also to strengthen the future management team. Nicolai Præstholm will start as Group Business Development Director with reference to Ulrik Rasmussen as of May 1st, 2019. Nicolai will be a member of the Group Management and as main responsibility Nicolai will work with development projects within the FREJA Group.

Nicolai is 31 years old with a MSc in Operations & Supply Chain Management from Aalborg University. He has worked as a consultant at Implement Consulting Group for over 4 years, the last 2 years as partner. Nicolai is presently a member of the Board in FREJA Holding, a position he will leave at the upcoming general Assembly.

Recruitment of a new Regional Director Denmark West has been initiated. Until the position is filled, Jan Sunde will continue in this role also.

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 1^st, 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.

FREJA Finland has the highest customer satisfaction in the industry in Finland

FREJA Finland is taking part in Transport Logistics together with Port of Turku at B3 stand 321/422. FREJA Transport & Logistics Oy, Finland, offers road freight, sea freight & air freight and project freight. FREJA has offices in Turku (headquarters), Vantaa and Vaasa.

[caption id="attachment_4605" align="alignnone" width="600"] Matti Urmas, FREJA Finland’s Managing Director[/caption]

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. Energy company Gasum is the leading supplier of biogas in the Nordic countries.

– 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 Finland.

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.

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.

FREJA Finland has the highest customer satisfaction in the industry in Finland

An independent market research company, Taloustutkimus, conducted a customer satisfaction survey from November 2018 to January 2019 in Finland*. The results showed, that FREJA Finland has the most satisfied customers in the forwarding and international transport industry.

FREJA Finland’s overall customer satisfaction score was 8,68 on a scale from 4-10, whereas the industry average was 7,88.

“These results support the message we got last year when we did a customer survey. I am proud of our team in Finland. They have done an excellent job with our customers”, FREJA Finland’s Managing Director Matti Urmas says.

Over half of FREJA Finland’s customers would promote FREJA
FREJA Finland’s NPS (Net Promoter Score) is +52. This score is the highest in the forwarding and international transport industry in Finland.
According to Taloustutkimus’ NPS database, a score over 40 is excellent in Finland*.

FREJA Finland keeps its promises
In the forwarding and international transport industry, FREJA Finland is the best at keeping promises and taking our customer’s needs into account.

FREJA Finland is also at the forefront when it comes to

• Offering competitive prices
• Solving problems
• Expertise
• Accessibility
• Communicating with customers

FREJA Finland got the best ratings when it came to expertise and the ability to solve problems. Based on these factors, FREJA Finland is the best in our industry in Finland.

FREJA Finland is in the top tier of its industry

FREJA Finland has earned the Achiever certificate since 2012. The Achiever certificate is proof of a company being on a solid financial foundation.

The certificate is based on Kauppalehti's annual Achievers (Menestyjä) series comparing the financial success of Finnish companies. Obtaining the Achiever certificate requires that the company's financial performance is among the best in its industry and in Finland. According to Kauppalehti some 1.9 per cent of Finnish companies are eligible for the Achiever certification.

A company is classified as an achiever if the comparison of key indicators puts it in the top tier of both its own industry and the entire country.

You are welcome to visit FREJA Finland at B3 stand 321/422!

For further information about FREJA Finland please contact:

FREJA Transport & Logistics Oy, MATTI URMAS, Managing Director

E-mail: matti.urmas@freja.com

Mobile +358 40 024 4044

www.freja.com/fi

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* The survey conducted by Taloustutkimus covered seven industries. The survey had a total of 2.111 respondents, of which 403 were decision-makers estimating the forwarding and international transport industry. There were altogether 21 companies included in the survey. The data collection methods consisted of telephone interviews, internet survey (CAWI), and an internet panel of Taloustutkimus.

*NPS Result (based on Taloustutkimus’ NPS database in Finland)

• 40+ – Excellent
• 20–39 – Good
• 0–19 – Satisfactory
• Below 0 – weak result