ShippingWatch

Changes at Maersk Line take competitors by surprise

Competing carriers are noting that Maersk Line and APM Terminals will now be working even closer together in the new Transportation & Logistics division, just as they note how Søren Skou's professional network now dominates the group's senior executive positions.

Photo: APM Terminals

Maersk's decision to pool all its container activities together in the new Maersk Transportation & Logistics is, from the Danish conglomerate's perspective, the right way to squeeze more synergies from its box-related businesses.

The Maersk Executive Board thus believes it makes sense to have the entire supply chain – from the ones building containers to the ones delivering the containers to customers – placed under the new business unit which Chairman Michael Pram Rasmussen describes as "the new conglomerate."

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

Reefer rates to peak in fall season, followed by slow decline

Rates on refrigerated containers, or reefers, have increased by 50% in the second quarter compared to the same period in 2021, with growth set to continue in the third quarter. 2023, however, will see rates slowly declining, forecasts consultancy Drewry.

Further reading

Related articles

Latest news

See all jobs