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Market Insight: AP Møller-Mærsk hires China veteran, covets air and LCL leadership

… and so the side air/LCL rumours connected to the full reorganisation of AP Møller-Mærsk (APMM) were accurate – a reminder from 31 August is here; more details about the latest managerial announcement at APMM follow below.
(Phew!)
The Danish container shipping company has internally confirmed the appointment of a new boss helping the top brass decide if you, folks from what’s left of the Damco* carcass, will have a place in …

The post Market Insight: AP Møller-Mærsk hires China veteran, covets...

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Market insight: The new AP Møller-Mærsk is born

Please do not shoot the messenger.
Recap
There is more news following our previous update released last Friday, when sources whispered that D-Day for the upcoming AP Møller-Mærsk (APMM) reorganisation was “rumoured to be 1 September, with the main focus being on a major re-shuffling of the respective brands/units being merged into one.”
Now expect a formal announcement within 24 hours.
As usual in these situations, the available information remains sketchy but several other details …

The post Mar...

https://theloadstar.com/market-insight-the-new-ap-moller-maersk-is-born/

Market Insight: Another major re-org rumoured at AP Møller Mærsk

“Wake me up when September ends” was a stunning hit by the Green Day band released on 31 August, 2005.
Regretfully, I don’t have an official track record at hand of what has happened every year since around the end of summer at Danish carrier AP Møller Mærsk Group (APMM).
Yet September is typically when APMM announces big corporate changes to align its operations with its vision – remember, the Stay Ahead …

The post Market Insight: Another major re-org rumoured at AP Møller Mærsk appeared first...

https://theloadstar.com/market-insight-another-major-re-org-rumoured-at-ap-moller-maersk/

Market Insight: Toft start date revealed, new Maersk finance hire has 3PL baggage

Guess what?
Latest talk in my circles is that AP Møller Mærsk Group (APMM) is strengthening its senior finance team within its Ocean and Logistics division in Central/Med Europe thanks to the appointment of a manager whose curriculum vitae breaths 3PL and freight solutions.
This came as rumours started to build about the starting date of Søren Toft, ex-COO and executive board member of APMM, who left the Danish carrier to join rival …

The post Market Insight: Toft start date revealed, new Maersk...

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Market Insight: As DSV loses APAC sales VP, only one ex-Panalpina exec is left to bet on now

Frantic, entertaining and spiritual – what a week we just had.
The back and forth in my marketplace was driven by betting odds, as the pandemic has exacerbated moves in the hunt for senior people rather than numbers.
And so the game began on Monday before reaching its climax 48 hours later, with virtually everybody in the trusted crew of Premium willing to speculate on Stefan Karlen, the ex-CEO of Panalpina.
But other news …

The post Market Insight: As DSV loses APAC sales VP, only one...

https://theloadstar.com/market-insight-as-dsv-loses-apac-sales-vp-only-one-ex-panalpina-exec-is-left-to-bet-on-now/

Market Insight: Another day, another Ceva senior hire – and it won’t stop here

Last week it was hard to contain the excitement on this side of the Atlantic following the announcement that Peder Winther, ex-Panalpina executive board member, would soon join Ceva Logistics to spearhead its European ocean fright operations.
But I have equally good news to share today concerning Ceva from the other side of the Atlantic – I argued there were more surprises in store and thankfully it doesn’t stop here, given …

The post Market Insight: Another day, another Ceva senior hire – and...

https://theloadstar.com/market-insight-another-day-another-ceva-senior-hire-and-it-wont-stop-here/

EXCLUSIVE Market Insight: Among the Big Four, here’s how Kuehne will cut that workforce

Interpretation and strategic interaction amongst somewhat irrational decision-makers  – we have seen it all over the last few days from Kuehne, DHL, Schenker and DSV.
Define that, when it comes to game theory, and it all boils down to talent, power and “brashness”. That’s how one trusted K+N insider defined owner Klaus-Michael Kuehne’s attitude alongside “his brilliance” after a key quote from a glorious interview that did the rounds at the …

The post EXCLUSIVE Market Insight: Among the Big...

https://theloadstar.com/exclusive-market-insight-among-the-big-four-heres-how-kuehne-will-cut-that-workforce/

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/

EXCLUSIVE Market Insight: Happy Birthday DSV Panalpina – Kuehner out, three other key managers let go

“Imagination is more important than knowledge. For knowledge is limited, whereas imagination embraces the entire world, stimulating progress, giving birth to evolution.” – Albert Einstein.
Imagine you work for a major Danish company in the midst of the Covid-19 crisis.
Your management team have gone through a round of hefty staff cuts already, unrelated to the global health crisis but intimately tied to previous deal-making, and mainly concerning the target’s cost base.
The …

The post EXCLUSIVE...

https://theloadstar.com/exclusive-market-insight-happy-birthday-dsv-panalpina-kuehner-out-three-other-key-managers-let-go/

EXCLUSIVE Market Insight: First casualty – ex-AP Møller Mærsk JV goes bust

Looking for signs of financial pressure and distress building in the supply chain?
You are in the right place: a few out there are struggling, I hear, but nothing major has happened yet.

Relieved?
Now, maybe you remember this story from ShippingWatch in September last year: “Maersk-owned Svitzer and its partner Crowley Maritime Corporation have decided to sell salvage and marine company Ardent.”
With hindsight, what a great decision that was.
“Ardent has gone bankrupt,” was the …

The post EXCLUSIV...

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