Customs House Brokerage

Supply chain radar: Expeditors – I do it my way

It’s been a while since Seattle-based Expeditors (EXPD) filed with the US Securities and Exchange Commission (SEC) its written answers in reply to selected investors’ queries. Having now caught up with the latest, I must admit there are some relevant operational tidbits contained in its 8-K update, dated 26 November.
After our recent coverage, where we commented on a) a swift exchange with the SEC concerning reporting risk stemming from some financial metrics, as …

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https://theloadstar.com/supply-chain-radar-expeditors-i-do-it-my-way/

Supply chain radar: Keep the faith in ‘best of breed’ Expeditors at your own risk

Tuesday was a fun day.
Expeditors stock skyrocketed in early trade as the Seattle-based 3PL set a new all-time high of $81.15 following the release of its third-quarter (Q3) trading update.
Its financial performance had something to do with it, but I reckon it was a fantastic opportunity for those who had been long the shares close to the $80s a share mark since the previous records of September, to trim their …

The post Supply chain radar: Keep the faith in ‘best of breed’ Expeditors at your...

https://theloadstar.com/supply-chain-radar-keep-the-faith-in-best-of-breed-expeditors-at-your-own-risk/

Supply chain radar: Maersk’s latest customs push? ‘I just love it when dinosaurs try to be all digital’

There is strong merit in what Denmark’s AP Møller-Maersk is trying to achieve in terms of capital allocation, pursuing greater efficiency thanks to an asset lighter business model via its ambitious Stay Ahead plan. 
However, it is one thing to try; it is a very different thing to succeed. 
And the spotlight is on it with every step it takes, which makes it incredibly difficult to avoid fierce criticism from those who make …

The post Supply chain radar: Maersk’s latest customs push? ‘I just love...

https://theloadstar.com/supply-chain-radar-maersks-latest-customs-push-i-just-love-it-when-dinosaurs-try-to-be-all-digital/

Maersk launches online customs clearance service for ocean customers

Maersk has taken another step towards becoming an integrated company by offering digital customs clearance for ocean customers. 
Its new online shipping management platform is available in seven European countries and will be rolled out worldwide by the end of the year.  
It gives customers full compliance with local customs rules online, with pricing displayed for all import and export declarations.  
“It saves our customers time, money and headaches, reducing the number of intermediaries …

The...

https://theloadstar.com/maersk-launches-online-customs-clearance-service-for-ocean-customers/

Supply chain radar: What’s the point of Maersk’s US customs buy?

When details of the Stay Ahead plan of AP Møller Mærsk (APMM) were exclusively reported by The Loadstar in October, it immediately appeared clear that the Danish group would need to embrace deal-making to reinforce its new identity. Spurred by new ideas of doing business, its executive management was, we were told, looking to add heft to its network in the US, trying to connect the dots of the vast supply chain management activities they run.
 A …

The post Supply chain radar: What’s the point of...

https://theloadstar.co.uk/supply-chain-radar-whats-the-point-of-maersks-us-customs-buy/

Maersk pushes logistics ambition, buying US customs house brokerage specialist

Maersk has taken another step towards offering a complete logistics service, as the lines between carriers and forwarders continue to blur.
The news came as CMA CGM made a public tender offer on Tuesday of Sfr30 for the remaining two thirds of Ceva Logistics it does not already own, making it a $1.65bn deal, which has been approved by the European Commission.
The Danish shipping line announced yesterday it had acquired Vandegrift, …

The post Maersk pushes logistics ambition, buying US customs...

https://theloadstar.co.uk/maersk-pushes-logistics-ambition-buying-us-customs-house-brokerage-specialist/