CargoBeamer AG

CargoBeamer names Boris Timm as COO and strengthens management with Tim Krasowka and Mario Glöckner

New hires will take over management functions in the areas of operations and network development

CargoBeamer, the leading operator for unaccompanied transport of non-cranable semi-trailers in Europe, has signed manager Boris Timm. Timm will hold the newly created position as Chief Operating Officer (COO) and becomes a member of the Executive Board. A proven expert in European rail freight transport, he recently served as Head of Intermodal Europe at Amazon and spent many years at Maersk in various management positions before. In addition to Boris Timm, two new managing directors, Tim Krasowka and Mario Glöckner, have been appointed. Krasowka will take over management of CargoBeamer intermodal operations GmbH together with Matthias Schadler, while Glöckner will head CargoBeamer Terminal GmbH jointly with Thomas Rietz. All positions are newly created in the structure of CargoBeamer, recording no departures on the board and management level.

With the signing of Boris Timm, CargoBeamer expands its Executive Board from previously three to now four members. As COO, he joins the existing group of Nicolas Albrecht (CEO), Dr. Markus E. Fischer (CFO) and Dr. Hans-Jürgen Weidemann (CTO). In his new role at CargoBeamer, Timm will be responsible for the operational and commercial development of the company's offering on its way to becoming one of the most important players in European rail freight transport.

Former Head of Intermodal at Amazon and Maersk joins CargoBeamer

In Boris Timm, CargoBeamer has signed an experienced logistics executive with proven expertise in building and scaling a continental network of rail freight connections. At the beginning of his career, Timm held various leading positions at the logistics and shipping group Maersk, where he later led the business in the Horn of Africa (Sudan) as Managing Director and Member of the Board. After stints with Seago Line in Denmark and wein & co Ltd in Taiwan, Timm returned to Maersk in 2017 as Head of Landside Transportation to be responsible for the company's European intermodal business. In 2020, he went on to become Head of Intermodal Europe at Amazon, where he led the development of the logistics company's pan-European intermodal operations. In his new role as COO, Timm will head the areas of terminal and rail operations, dispatching, sales, and logistics management at CargoBeamer.

Boris Timm explains: "With CargoBeamer's mission to shift road transports to rail on a large scale and thus make the train accessible for all types of semi-trailers, we have the opportunity to change the European transport sector significantly in favor of a greatly improved environmental balance in the coming years. As a person who cares about rail, I fully share this vision. In addition, the exciting challenge of building up CargoBeamer to one of the leading players in the European intermodal business ultimately convinced me to become part of CargoBeamer's journey."

Excellent knowledge of international rail freight

Joining Matthias Schadler, Tim Krasowka will take over the management of CargoBeamer intermodal oparations GmbH, which is responsible for operating, dispatching, and selling the company's intermodal trains across Europe. He brings more than 15 years of experience in European rail freight transport, during which he held various management positions within the Deutsche Bahn Group in Germany, France, and Switzerland. In that period, Krasowka led the strategic realignment of the transport plan in Western and Southern Europe at Euro Cargo Rail in Paris (recently rebranded as DB Cargo France) as Head of Service Design and member of the Management Board. At CargoBeamer, Krasowka will take over the Operations department, while Schadler will head Sales and Customer Management. In addition to his position at CargoBeamer intermodal operations GmbH, Krasowka also serves as managing director of CargoBeamer's French business.

Tim Krasowka says: "In the past, I have repeatedly been in contact with the CargoBeamer system and have already become familiar with many of its facets here. European rail freight transport needs innovative and high-frequency transhipment solutions in order to achieve the ambitious growth plans and to shift significantly more road transports to environmentally friendly rail. CargoBeamer offers one of the best approaches for this in the market and can be the answer to numerous challenges in the logistics industry, so I look forward to re-shaping the logistics industry in the coming years."

Leading role in scaling a pan-European logistics infrastructure

In Mario Glöckner, CargoBeamer has been able to hire an expert in the identification and development of new terminal locations. For several years, the manager with a degree in international business led the pan-European corporate real estate expansion at the e-commerce start-up Zalando, one of the fastest growing companies in Europe. Together with his team, Glöckner led the identification, acquisition, and settlement for new logistics, office, and retail locations. Later, he was involved in the founding of a digital platform for leasing commercial space and served as Head of Asset Management at private equity firm Coros. In his new role as Managing Director of CargoBeamer Terminal GmbH, Glöckner will take a leading role in the strategic identification, acquisition, and development of sites for new CargoBeamer terminals, while Thomas Rietz will continue to manage their planning, construction, and maintenance.

Mario Glöckner explains: "I am very pleased to become part of CargoBeamer and to identify and co-develop new terminal locations in Europe with the team in the future. While our vision to put transports on rail to drastically reduce CO2 emissions in the logistics sector is both ambitious and highly necessary, it requires a dense network of transhipment terminals across Europe. At CargoBeamer, I am looking forward to working at a company with high growth ambitions in an international market again to make our goal of a Europe-wide network of terminals a reality."

Nicolas Albrecht, CEO of CargoBeamer, on the new hires: "The appointment of Boris Timm, Tim Krasowka and Mario Glöckner is an important step for us and a strong signal on the way to becoming one of the most influential players in the combined transport sector in Europe. With the signing of Boris and Tim we have massively strengthened our operational know-how. Both are bringing excellent knowledge and a strong network in the European intermodal business to the table and will be instrumental in driving our expansion plans of establishing lanes in numerous new markets. Mario will own a leading position in the selection of new locations for our CargoBeamer terminals, for which he brings excellent expertise thanks to his past professional stations. We are very pleased to have Boris, Tim and Mario on board at CargoBeamer now."

Picture: CargoBeamer AG

About CargoBeamer

CargoBeamer AG, headquartered in Leipzig, Germany, is an innovative logistics service provider in the sector of combined transport between road and rail. As a pioneer in decarbonizing freight transport in Europe on a major scale, its mission is to improve the environment with disruptive and cost-effective solutions to shift freight transport from road to rail. The CargoBeamer system, consisting of patented wagons, transshipment terminals and logistics software, enables all types of semi-trailers to be transported by rail, resulting in a significant reduction in CO2 emissions and other external costs. While semi-trailers account to 75% of all transport volume in Europe, only 5% can be transported by train due to the lack of technological systems to efficiently load and unload semi-trailers onto railcars, forming an addressable market for CargoBeamer of enormous size. Currently trains are operated in Germany, France, Italy, and the United Kingdom. The company is working on realizing a European network of efficient CargoBeamer terminals, which will be connected in fixed timetables with trains consisting of up to 36 CargoBeamer wagons. This means sustainable rail transport for hundreds of thousands of semi-trailers per year, as well as significantly reduced CO2 emissions and relief for the environment and society.

Press contact

Tim Krause

Communications & Marketing Manager

E: presse@cargobeamer.com

T: +49 341 652339-19

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