The merger, in which VTG will hold the majority, is intended to lead to a considerable rise in the business volumes, particularly in the industrial goods sector. VTG Rail Logistics will have around 270 employees spread across a total of 12 countries.
Kuehne+Nagel’s intermodal railway logistics operations are excluded from the merger.
According to Günther Ferk, Head of VTG Rail Logistics Europe, the customers of both companies will benefit from new, integrated transport concepts that will be developed to operate multi-modally from northern Europe to the Bosphorus and from Western Europe to Russia. “In the industrial goods sector from now on, existing customer relationships and expertise can also be exploited in the Balkan region and Russia,” he said.