Maersk has cut off logistics customers: Now Skou wants top line growth

Søren Skou was dissatisfied with the level of growth in Maersk's logistics business in 2019. Conversely, the CEO welcomes a new acquisition and announces that more are likely to come. 

Photo: Casper Holmenlund Christensen

Søren Skou has not been happy with the development in Maersk's land-based business for a number of quarters, and the last three months of 2019 were also not able to satisfy the chief executive of the world's biggest container shipping company.

The logistics business plays a crucial role in Maersk's historic transformation from being a conglomerate into becoming an integrated transport and logistics company, which has, among other things, led to the merging of Maersk Line and freight forwarder Damco.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Celsius Shipping out of Russian dilemma

Celsius Shipping spearheaded by Jeppe Jensen no longer has to stand powerless by while one of its ships call at port in Russia. Contract with Chinese energy firm has expired.

Further reading

Related articles

Latest news

See all jobs