Market Insight

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/

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/

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