Analysis: is DSV ready to move on Damco’s freight forwarding business?

A couple of years have passed since the management team at DSV promised it would strike another large deal – now, given market talk spurred by the latest corporate events at AP Møller-Maersk Group (APMM), DSV’s most likely target might be APMM’s freight forwarding arm, Damco FF.
Deal or no deal?
Sources with knowledge of internal affairs have told me that as Damco restructures and reorganises its logistics and freight forwarding businesses, calls from head office have …

The post Analysis: is DSV...

https://theloadstar.co.uk/analysis-dsv-ready-move-damcos-freight-forwarding-business/

Market Insight: Damco FF – a people business, but does it have too many?

The past few years have been particularly hard for Damco.
Its move from Copenhagen to The Hague in February 2013 was a disaster. It went from profit to a net loss of $111m that year, partly attributed to one-off relocation costs, which widened in 2014, spiraling to -$293m, and parent Maersk admitted that the forwarder had “lost its way”.
Damco financials 2014

Damco financials 2015
Damco’s plan to be “closer to its customer base” backfired badly when …

The post Market Insight: Damco FF – a people...

https://theloadstar.co.uk/market-insight-damco-ff-people-business-many/

Market Insight: Damco – has the latest revamp broken APMM’s ‘beating heart’?

When I wrote that Damco was “the beating heart” of AP Møller Mærsk Group (APMM) in mid-2016 I had no idea that the corporate plan was to rip it up and leave what was left of its freight forwarding arm in a state of induced coma, before, presumably – as most of my sources suggest – selling those...

https://theloadstar.co.uk/market-insight-damco-latest-revamp-broken-apmms-beating-heart/

A.P. Moller- Maersk toma pasos importantes en su integración para mejorar la experiencia de sus clientes

Para atender mejor a sus clientes y desbloquear el potencial de crecimiento en el segmento de logística y servicios, A.P. Moller – Maersk combinará su oferta de productos marítimos y servicios de cadena de suministro para poder ofrecer soluciones logísticas […]

http://logistica360.pe/2018/09/20/p-moller-maersk-toma-pasos-importantes-en-su-integracion-para-mejorar-la-experiencia-de-sus-clientes/

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