DAMCO

Maersk Doubles Down on Logistics with Integration of Inland Services

  • A.P. Moller – Maersk has planned to offer customers end-to-end solutions from August 1, 2019.
  • Inland Services offers services including container equipment maintenance, transportation, warehousing, and temperature-controlled storage.
  • APM Terminals will continue offering services at ports and terminals, such as storage and handling.

According to an article by Supply Chain Dive, A.P. Moller – Maersk plans to integrate APM Terminals’ Inland Services division into Maersk’s Logistics and Services...

http://mfame.guru/maersk-doubles-down-on-logistics-with-integration-of-inland-services/

Market Insight: Maersk’s 4PL ambitions – “What do they know about SCM and forwarding? Nothing”

I was having a fascinating and rather entertaining call with Mr Ocean, talking about North Korean and Japanese freight forwarders and then, rather obviously, AP Møller-Maersk (APMM) and its ambitious 4PL plans – “they do not explicitly say 4PL, I get that, but end-to-end, purchase order management at origin, is 4PL stuff” – when I was distracted by a ding.
One of my chief sources, Mr Benchmark – who is seldom …

The post Market Insight: Maersk’s 4PL ambitions – “What do they know about SCM and...

https://theloadstar.com/market-insight-maersks-4pl-ambitions-what-do-they-know-about-scm-and-forwarding-nothing/

Supply chain radar: Why is APMM working on a McDonald’s strategy when it has a stuffed Damco turkey on the table?

A few days ago, Denmark’s AP Møller-Maersk (APMM) advertised a new takeaway strategy – part of its group-wide Stay Ahead plan – suggesting that what it’s trying to achieve isn’t much different from what McDonald’s (MCD) and its ilk offer to their customers, perhaps ignoring the mechanics behind MCD’s real estate empire.
In other words, the consumer-facing business might be casual and profitable when things go well (they didn’t in the past, …

The post Supply chain radar: Why is APMM working on a...

https://theloadstar.com/supply-chain-radar-why-is-apmm-working-on-a-mcdonalds-strategy-when-it-has-a-stuffed-damco-turkey-on-the-table/

APMM reports $120m profit in Q4 18, but has no high hopes for new year

AP Møller Maersk recorded an underlying profit of $120m in the fourth quarter of 2018, to take its full-year profit to $220m.
But the Danish transport and logistics group is pessimistic in its outlook.
Chief executive Soren Skou said the “disappointing” 1-3% growth projection for 2019 was due to “uncertainties related to global macro outlook”, including trade tensions, the downturn in China and Europe, IMO 2020 and potential fallout from Brexit.
“Two months …

The post APMM reports $120m profit...

https://theloadstar.co.uk/apmm-reports-120m-profit-in-q4-18-but-has-no-high-hopes-for-new-year/

Market insight – is Panalpina readying for acquisitive growth?

“Panalpina in serious negotiations for a sizeable takeover”– Mr Benchmark.
I do not believe Swiss 3PL Panalpina is ready to grow inorganically by striking a large deal, such as one worth $1bn or more.
M&A could easily backfire, given likely execution risk, as large acquisitions are not in its DNA. Still without clear board leadership, it could self-harm its market valuation, if investors, as is likely, don’t digest a sizeable deal.
Surely, it is …

The post Market insight – is Panalpina readying...

https://theloadstar.co.uk/market-insight-is-panalpina-readying-for-acquisitive-growth/

Moody’s downgrades Maersk’s credit rating amid fears for box shipping sector

Maersk has had its credit rating cut by ratings agency Moody’s to one grade above junk, with the agency concerned about a “significant downside” for the container industry.
Moody’s said on Friday it was downgrading Maersk from Baa2 to Baa3, which is at the bottom of its investment grade bond ratings, and just one notch above grades “judged to have speculative elements and a significant credit risk”.
Moody’s vice president, and senior …

The post Moody’s downgrades Maersk’s credit rating amid...

https://theloadstar.co.uk/moodys-downgrades-maersks-credit-rating-amid-fears-box-shipping-sector/

‘A quarter of solid growth on the top line’ for APMM

AP Møller Maersk saw “a quarter of solid growth on the top line” and an underlying profit of $251m in Q3, and a cumulative positive of $100m for the nine-month period.
Group CEO Soren Skou said this morning the result represented “solid progress in our transformation”, adding that Q4 would be “very, very similar” ensuring “good momentum going into 2019”.
Compared with the same quarter of last year, impacted negatively by a cyber attack …

The post ‘A quarter of solid growth on the top line’ for...

https://theloadstar.co.uk/quarter-solid-growth-top-line-apmm/

With DSV out of the running, are there other suitors for Ceva?

DSV’s withdrawal of its offer for Ceva at CHF30 ($30) per share has again left the consolidation field open.
DSV said it had made a revised proposal, offering Ceva shareholders a premium of 60.4% on Ceva’s share price of CHF18.70 on October 1, or a premium of 45.8% on Ceva’s 60-day volume weighted average price.
But it added: “Based on the unwillingness of the board of directors of Ceva to engage directly with DSV …

The post With DSV out of the running, are there other suitors for Ceva? appeared...

https://theloadstar.co.uk/dsv-running-suitors-ceva/

Market Insight: CEVA and CMA CGM – vertical consolidation the next step?

Events have overtaken me this week. I began this column with the following:
“The recent appointment of Serge Corbel as the new chief financial officer of CEVA Logistics fuelled speculation that CMA CGM might be ready to snap up the freight forwarding and contract logistics specialist in which the French carrier already owns a near-25% stake.
“What could be going on behind the scenes is just as important as trying to understand …

The post Market Insight: CEVA and CMA CGM – vertical consolidation...

https://theloadstar.co.uk/market-insight-ceva-cma-cgm-vertical-consolidation-next-step/

Market Insight Exclusive: Revealed – the AP Møller-Maersk Group reorganisation

I have spent so much time on the Damco story over the past few weeks that I almost overlooked the bigger picture. But, luckily, I have ended up catching a much larger fish – below you will find details of the corporate reorganisation of Damco’s owner, AP Møller-Maersk Group (APMM), effective 1 January 2019, which has been obtained by The Loadstar but has yet to be announced publicly – at least to my knowledge.

 
My …

The post Market Insight Exclusive: Revealed – the AP Møller-Maersk Group...

https://theloadstar.co.uk/market-insight-exclusive-revealed-ap-moller-maersk-group-reorganisation/

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