Hofstetter + Co. AG

HOCO – News

Integration HOCO SA into the Transfreight Group

Basel, March 2022

Dear Customers and Partners,

We would like to thank you very much for your loyalty and trust in us, for several years now, and we are looking forward to continuing our excellent cooperation.

With the transfer of HOCO Logistics Geneva to Transfreight AG, we are pooling the expertise of our international group and aim to develop the inventive genius and power of innovation for the benefit of our customers.

In concrete terms, this means that Transfreight SA - Geneva is the new name of Hofstetter + Co SA, better known as HOCO Logistics Geneva. The brand HOCO Logistics Geneva has been merged with the brand Transfreight AG.

This decision allows us to strengthen our position in the field of international logistics and to guarantee you a much more complete air, sea and land logistics solutions as well as a wide range of supply chain solutions.

With great tradition and passion, we have been developing and optimizing logistics solutions that are perfectly adapted to the current economic situation for over 42 years. We stand for trust, quality and customer service. This remains our main goal, priority and promise towards our clients.

Today, please change our company name to Transfreight SA - Geneva in your database.

Transfreight SA - Geneva
Chemin des Epinglis, 21
CH-1257 La Croix-de-Rozon

Telefon +41.22.366.46.26
Web www.transfreight.ch Extern
VAT CHE-103.134.927

We would like to confirm that your current contacts within HOCO Logistics Geneva will not change. lt is not a question of changing a well established team, this change of company name is purely "structural". They are and remain your privileged interlocutors.

Transfreight SA will remain your trusted partner in logistics.

We would like to thank you once again for your trust and loyalty and remain at your disposal for further information.

Best regards,

Attila Francz / Andres Epting

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The expected development of transport costs in 2022

Basel, November 2021

Esteemed customers and business partners

The end of the year is around the corner, so we'd like to take this early opportunity to thank you for our good collaboration, and your loyalty to and trust in our services and employees.

We expect the economy to continue to experience procurement bottlenecks next year, with the concomitant disruption of the logistics supply chains. The prices for air and sea freight transport services will remain high and costs in European goods transport will continue to rise.

lncreasing demand, a shortage of capacities in all modes of transport, rescheduling on account of supply bottlenecks, substantial extra efforts needed to manage the challenges of logistics, investment in digital processes and cyber security, as well as further factors driving up costs will all lead to rising transport and logistics costs.

All in all the above-mentioned factors will lead to significantly spiralling costs, which has prompted us to raise our prices by 4 – 6 % next year, in accordance with these circumstances.

Thank you for your understanding for these necessary adjustments. Naturally we will make every effort to maintain our service levels at the high standards that you've become used to from us.

We're looking forward to working together again next year. Here's to successful business in the last few weeks of this year.

Hofstetter + Co. AG
HOCO Logistics

Attila Francz (CEO, COB) / Andres Epting (CEO, Vice COB)

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