A new organization will make Green Cargo more efficient and more customer-oriented.
“It will be easier to be a customer as well as an employee of Green Cargo. Our parent company will focus on transport and our subsidiary, TGOJ, will become a part of Green Cargo. Our third-party logistics operation has done very well and will have greater freedom as a separate subsidiary company", says CEO Mikael Stöhr.
Green Cargo has strategies and thorough plans for ways to develop the company and improve profitability. But our ability to implement has to improve, which requires a simple organization with clear allocation of responsibility.
“Railway transport is our basic operation and road transport will also be important in the future to enable total transport solutions. But right now we are selling off our trucks and extending cooperation with external hauling companies,” says CEO Mikael Stöhr.
Sales of the trucking operation reduces investment needs and will free some capital for necessary investments in locomotives, wagons and IT solutions for the future transport company. This applies also to the current subsidiary TGOJ, a very well run rail freight company, though in great need of investment.
“We will continue to pursue our aim to expand our international cooperation and intermodal transport solutions. This is an organizational change, not a change of strategy,” emphasizes CEO Mikael Stöhr.
The new organization will take effect in October and TGOJ will go into Green Cargo operations in December 2010.
