21.01.2020
Artikel Nummer: 30354
VTL and Palletways call off merger plans
The merger of the networks of the general cargo cooperation Vernetzte-Transport-Logistik (VTL), Fulda and Palletways Germany will not take place.
“We both recognised that we could not achieve the synergies and business improvements as planned,” said Andreas Jäschke, managing director at VTL. He added that the companies had not been able to create a joint network infrastructure that suited the interests of all parties involved.
VTL will now pursue the expansion of its current national and European network on its own. The plan to unite the networks was first mooted in June 2019. The aim was to downsize delivery areas and pool services. (mw)