Serveto, the first Spanish logistics operator with trucks registered in Luxembourg

• The company has created Serveto LUX SARL and has acquired its own tractor units in Luxembourg.
• It has more than 200 trailers dedicated to rail transport.
• This move is part of the Strategic Plan 23-25, approved in October 2022, which focuses on intermodal transport.

Lleida, April 18, 2023 - With over 200 trailers dedicated to rail transport, the company takes a step forward by expanding its presence in intermodality with the creation of Serveto LUX SARL.

The subsidiary, established in December 2022, and with its own staff managing operations in an office located in Luxembourg, is responsible for ensuring the delivery of goods on time and in the right form in the face of current and future challenges in the sector: the shortage of long-distance drivers; decarbonization, and competitiveness in transportation. To achieve this, the company has decided to manage its operations from Luxembourg, considered the main hub of rail highways in Europe for its advanced infrastructure and strategic location.

In the words of Josep Serveto, CEO of the company: "Investing in our own tractor units in the country will allow us to act as a specialist in transportation in Northern Europe. Serveto firmly supports intermodality, something we are demonstrating with the implementation of our own resources in Luxembourg and which will ensure quality service to our customers."

With the goal of becoming one of the main intermodal logistics operators in Europe, Serveto will use trucks registered in Luxembourg starting in July, thus avoiding the restrictions that would entail operating with vehicles from other European countries, such as the obligation for the driver to take a break every four weeks at the company's fiscal headquarters. In this way, Serveto hopes to improve the efficiency of its logistics operations and ensure better service to its customers.

About Serveto

Founded in 1955, Serveto has become a benchmark in high-value-added logistics solutions in the European field. Currently, they have 417 employees, over 250 trucks, and 450 trailers. The company continues to develop its growth strategy with its own resources in countries where its customers maintain greater interests, such as France, where the Serveto SAS company has been operating since 2020.