Rhenus continues to grow in Northern Europe

Singapore freight forwarders – Star Concord
05-Oct-2023

The global logistics specialist, Rhenus, is continuing to expand its network in Denmark with the acquisition of the Danish road, sea and air transport specialist, Modul Transport. This new acquisition complements Rhenus existing presence in the region, alongside the acquisition of warehousing specialist DKI, which Rhenus took over at the end of 2022. This enables the international logistics provider to offer its Scandinavian customers the best logistics solutions across all modes of transport.

Modul Transport is a Danish transport specialist that offers a wide range of transport solutions, specialising in European Road Freight Groupage shipments and Air and Ocean Cargo. Rhenus Road Freight has taken over the divisions Modul Transport A/S and Modul Air Cargo A/S on 30 August 2023. Both divisions have more than 40 years of logistics expertise, serving their customers from both Copenhagen and Vejle in Denmark.

READ: Rhenus continues its growth trajectory

The Danish transport specialist brings with it a well-established Road Freight Groupage service, which allows the Rhenus Group to further expand its own European Road Freight network and offer its customers quicker lead times throughout the region. In addition to Rhenus expansion in Denmark last year with the acquisition of the warehousing specialist DKI and the recent acquisition of MTS in Sweden, the takeover of Modul Transport demonstrates Rhenus commitment to further develop in the Northern Europe region and to offer its customers a complete solution along the entire supply chain throughout Scandinavia.

READ: Rhenus Group solidifies LATAM presence through strategic acquisitions and partnerships

“This is another step on our journey to grow into one of the big players in the Nordic market. Modul Transport’s experienced staff and their market presence fit perfectly with our development in the Nordics, and we look forward to integrating them into the Rhenus family,” says Jakob Heden, Managing Director at Rhenus Road Nordics.

The current construction of the Fehmarn Belt Tunnel, which will link Germany and Denmark, is set to transform the logistics sector in the future. Therefore, a strong presence in Denmark is important to link trade with the wider region. Once completed, the tunnel will decrease lead-times between Germany and Northern Europe significantly, transforming Denmark into an attractive market for investments and new company setups.

The post Rhenus continues to grow in Northern Europe appeared first on AIR CARGO WEEK.

Go to Source
Author: Edward Hardy