In a press release, Cargoline said its new facility has a convenient location between the A4, A5 and A7 motorways. It is hoped the hub could even be operational by the end of Q1 2023.
Commenting on the announcement, Jörn Peter Struck, CEO of CargoLine, said:
“We have seen continuous shipment growth for years. This was additionally accelerated by new, powerful partners, the boom in the B2C segment, and the positive development of our digital freight forwarder Cargoboard. However, the spatial capacities of our shareholder and lifting service provider John Spedition are finite, and there was no opportunity to acquire a suitable plot of land for a new facility in the same area. That’s why we decided to build a new hub that can grow with us due to the space available and that we operate ourselves.”
Struck added:
“This strategically forward-looking decision is worth a double-digit million sum for us in value. It goes hand-in-hand with our goal to round off the network by adding further partners and to develop new digital business models in the form of start-ups via our subsidiary Cargo Digital World (CDW). The latter should enrich the logistics market from LTL and FTL to sea freight and contract logistics, and ensure additional growth in shipments.”
The new facility will combine the company’s two existing hubs in one building. According to Heinbach, Hub Project Manager, the construction of the hub will mean shorter arrival times and other efficiency gains.
It is also said that John Spedition shall benefit from the move, as it will gain space at its Eichenzell site for its own growth. Moreover, given that the two buildings are not that far apart, many employees will be able to pick up where they left off at the new hub location.
Photo: JohnSped, CC BY-SA 4.0, via Wikimedia Commons
