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TIP appoints Detlef Borghardt to Supervisory Board of Directors

TIP Trailer Services has appointed to its Supervisory Board of Directors, effective immediately. TIP’s board of directors now has eight members.

Detlef Borghardt

As a supervisory board member of Cube Transportation Europe Coöperatief U.A. – TIP’s senior holding company – Borghardt will advise the Board of Directors of TIP on behalf of I Squared Capital. “I am more than excited to be part of the team from now on”, Borghardt said, “The absolute high demands of the company and its management regarding best-in-class services, products, quality and safety fit very well with my own values and fundamental beliefs. My in-depth experience in this industry should support the future global growth and success of TIP as much as possible.”

Borghardt is a senior executive and former CEO of SAF-Holland, a leading supplier of chassis-related systems and components primarily for trailers and semi-trailers, and also for trucks and buses. He has almost 30 years’ experience in the global commercial vehicle and automotive supplier industry.

Bob Fast, President and CEO of TIP added: “Detlef Borghardt is a true leader and a veteran in the transportation industry. At TIP, our focus is to strengthen our leadership position within the transportation and logistics industry by continuously improving and diversifying the way we do business. With his extensive experience and broad understanding of our industry, I feel very confident that Detlef Borghardt will make a great contribution to the future of TIP.”