Cargologic AG and CFS (Cargologic Freight Services AG) will merge on Jan. 1, 2010. The aim of the merger is to simplify and consolidate the service offering for customers, and to generally improve profitability. CFS (Cargologic Freight Services AG), which was founded three years ago, operates in Zurich, Basel and Lugano. The company specializes primarily in landside handling of airfreight. This perfectly complements Cargologic's service offering, which traditionally has a strong focus on airside freight handling.
In recent years, both companies have increasingly coordinated their service offerings and operational processes. The merger signifies the culmination to date of this optimization process from which customers, too, will benefit. To ensure consistency, in the future a single brand strategy will be used and customers will be offered the entire logistics process from a single source. No staff changes are planned at CFS or Cargologic. Peter Somaglia will remain managing director of Cargologic. The resulting, strengthened Cargologic will offer consistent, single-source services for air freight customers. This new, one-stop service offering will thus also simplify organizational matters for customers.
