Press Release 07 Sep 2017

Contargo takes over the remaining shares in the joint venture Transbox United  

Zwijndrecht, 6 September 2017 – On 1 September 2017, Contargo Waterway Logistics BV took over United Container Transport’s 25 percent share in the joint venture Transbox United. Thus the enterprise now belongs completely to Contargo, as the remaining 75 percent share is held by Transbox, a brand of Contargo Waterway Logistics in the Benelux countries.

“With this step we are additionally strengthening our market position in the area of container transport between, and within, the western seaports”, said Marcel Hulsker, Co-Managing Director of Contargo Waterway Logistics, after signing the takeover agreement. “We also want to further develop our services here, and integrate the activities of Transbox more strongly into the Contargo network, in order to be able to respond even more flexibly to our customers’ requirements.”

Contargo Waterway Logistics has been active in the Benelux market since 2010 under the brand name of Transbox, and in 2014, together with United Container Transport, founded the joint venture Transbox United, which offers various services in the area of container transport by inland vessels. These services include daily departures between Rotterdam and Antwerp to and from all the big terminals; a three-times-weekly service Rotterdam – Moerdijk and Antwerp – Moerdijk; and connections between the various different terminals within the port, both in Rotterdam and in Antwerp.

Transbox also offers services to Terneuzen, Wielsbeke, Genk, and Valenciennes, France. The product portfolio additionally includes trade in overseas containers.

About Contargo

With an annual transport volume of 2.3 million TEU, Contargo is one of the largest container logistics networks in Europe. Contargo integrates container transport between the western seaports, the German North Sea ports and the European hinterland. The enterprise has 25 container terminals at its disposal in Germany, France, Switzerland and the Czech Republic and maintains offices at seven additional locations in Germany, the Netherlands and Belgium. Contargo also operates its own barge and rail lines. In 2016 the workforce of 903 employees achieved a turnover of 415 million Euro.

Contact at Contargo: Heinrich Kerstgens, Contargo GmbH & Co. KG, Rheinkaistrasse 2, 68159 Mannheim, Tel.: +49 621 59007 184, hkerstgens@contargo.net