DAMCO

Maersk Integration sees culling of Safmarine and Damco brands

A.P. Møller – Maersk has announced the integration of Safmarine and DAMCO, aiming to further improve customer experience and end-to-end service delivery. Due to the strategic changes, the Safmarine and Damco brands will no longer be marketed by the end of 2020.

These changes represent a significant step towards becoming an integrated container transport and logistics company, according to the company’s announcement.

“Taking these steps are key to accelerating our transformation,” commented...

https://container-news.com/maersk-integrates-safmarine-and-damco-brands/

APMM to axe Damco and Safmarine brands in restructure ‘affecting 27,000 jobs’

Maersk is to phase out the Damco and Safmarine brands by the end of the year, in a major restructuring of its brands which could see some 27,000 jobs affected and some 3,400 jobs lost.
The news, broken by Loadstar Premium last week, is a further step towards Maersk’s strategy of becoming an integrated transport and logistics company.
APMM confirmed this morning that Safmarine would be integrated into Maersk, “to enhance customers’ access …

The post APMM to axe Damco and Safmarine brands in...

https://theloadstar.com/apmm-to-axe-damco-and-safmarine-brands-in-restructure-affecting-27000-jobs/

Against the odds: How to make AP Møller Mærsk shinier

“With a strong result and a strong balance sheet we are well positioned to financially and strategically come out stronger of the crisis.” – Søren Skou, CEO of AP Møller Mærsk Group (APMM), 19 August 2020.
It was a tiny little step both in time and financial delivery from Q1 ’20 (smoke and mirrors) to Q2 ’20 for APMM, but what truly deserves a standing ovation in the wake of results is the co-ordinated …

The post Against the odds: How to make AP Møller Mærsk shinier appeared first on The Loadstar

https://theloadstar.com/against-the-odds-how-to-make-ap-moller-maersk-shinier/

Alibaba signs up and gives port community’s eB/L initiative a boost

Chinese e-commerce giant Alibaba is set to deepen its cooperation with the port community, signing up to the International Port Community Systems Association’s (IPCSA) Bill of Lading (B/L) blockchain project.
The two organisations are founding members of the Logistics Visibility Task Force, along with Alibaba’s in-house logistics operator Cainiao Network, China’s National Logistics Information Platform (LOGINK), which so far has focused on track and trace but is being expanded to developing …

The...

https://theloadstar.com/alibaba-signs-up-and-gives-port-communitys-eb-l-initiative-a-boost/

Freight veteran Mike Meierkort is new head of Americas at Damco

Damco has appointed freight industry veteran Mike Meierkort (pictured above) as its new head of Americas
Based in Chicago, Mr Meierkort has over 30 years’ experience in logistics, in senior roles with Panalpina, Vanguard Logistics and, most recently, Livingston International.
His first job will be to manage the launch of the Cargo Rescue Programme in the US, with two service offerings to help ease supply chain congestion caused by the Covid-19 pandemic, …

The post Freight veteran Mike Meierkort...

https://theloadstar.com/freight-veteran-mike-meierkort-is-new-head-of-americas-at-damco/

EXCLUSIVE Market Insight: Agility by name and strategy in China

Only very recently Kuwait’s Agility reshuffled its leadership team in logistics, somewhat unexpectedly, as GIL leader Essa Al-Saleh stepped down from the CEO role – you read it here first, some days before the official announcement was made.
So in the spirit of trying to stay ahead of the curve – which makes us all at Premium feel very good in these difficult times – we have more Agility-related managerial restructuring news …

The post EXCLUSIVE Market Insight: Agility by name and strategy in...

https://theloadstar.com/exclusive-market-insight-agility-by-name-and-strategy-in-china/

Battle for business via online offerings heats up among forwarder ranks

The trend towards defined services that shippers can book online is spreading – and it is not limited to the multinational logistics players.
Smaller forwarders are gearing up to join the battle for business their sales staff could not previously get near.
The latest from the large operator pool to unveil a line of digital offerings is Damco, the forwarding arm of the AP Møller Group.
Last week, it launched three services clients …

The post Battle for business via online offerings heats up among...

https://theloadstar.com/battle-for-business-via-online-offerings-heats-up-among-forwarder-ranks/

We had to go back to basics. Now it’s clear where we’re going, says Damco CEO

The market maybe speculating as to Damco’s future, but its chief executive, one year into the role, is pretty clear: it has a defined role to play in the logistics market.
Saskia Groen-In’t-Woud has been in the APMM group since 2015, when she was made head of Asian operations for Maersk. She knows the group well and sees a future for Damco within it.
“If I had a dollar for every bit …

The post We had to go back to basics. Now it’s clear where we’re going, says Damco CEO appeared first on The...

https://theloadstar.com/we-had-to-go-back-to-basics-now-its-clear-where-were-going-says-damco-ceo/

Market Insight: Damco – the end is nigh?

Ever since mid-December, when another not-so surprising layoff announcement concerning AP Møller-Mærsk (APMM) included the departure of  “Klaus, the former Damco head”, as one source highlighted then, a few other market veterans were only vaguely interested in sharing their views on the latest APMM affairs.
With hindsight, that single resounding comment, might be a sign of more big bad things to come for APMM’s asset-light freight forwarding unit or, rather, for …

The post Market Insight: Damco...

https://theloadstar.com/market-insight-damco-the-end-is-nigh/

+ More
Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon
By subscribing, you agree with our privacy policy and our terms of service.