Cargologic and Cargologic Freight Merge

CARGOLOGIC AG and Cargologic Freight Services, will merge on 1 January, 2010. The aim of the merger is to simplify and consolidate the service offering for customers, and to generally improve profitability.
CFS, which was founded three years ago, operates in Zurich, Basel and Lugano. In recent years, both companies have increasingly coordinated their service offerings and operational processes. To ensure consistency, in 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.