Together with its subsidiaries CFL Cargo and CFL Multimodal, CFL Group is one of Luxembourg’s key logistics players and over these last few years has strengthened its presence abroad through the creation of subsidiaries in Belgium, France, Germany, Denmark and Sweden. Today CFL’s freight services cover the entire logistics chain.
The group’s aim is to connect Luxembourg and its economic stakeholders to Europe’s main ports and industrial hubs, in particular thanks to the construction of a new intermodal terminal in Bettembourg-Dudelange (Luxembourg). The group is preparing to manage the transition of the railways – hitherto driven by more conventional business activities – towards increasingly multimodal activities.
At the same time the group constantly needs to improve its own competitiveness by offering efficient and innovative services, by using for example Modalohr technology and developing rail motorways.
On 31 March the Board of Directors approved the latest company business plan for 2020, along with a 126 million euro investment plan.
The plan envisages that the turnover for freight activities will double through:
- Development of a combined train/rail motorway network from Bettembourg-Dudelange
- The expansion of existing logistics services around the future warehouse located on the Eurohub South site (storage, rail/road transport and customs agency services)
- The growth of conventional rail freight activities, in particular thanks to CFL Cargo’s foreign subsidiaries
- The introduction of new added-value services on the Eurohub South site
CFL Group’s freight activities will henceforth be organised around four core areas of business: rail, logistics, infrastructure and services and will be managed by the new CFL Freight Division.
(Source: CFL Cargo)
