Damco: We must be in Top 5 by 2014

A simpler business and more focus on complex logistic jobs instead of standard services will lift Maersk-owned Damco up among the world's five biggest logistics companies by 2014, says the company's CEO in an interview with ShippingWatch.

Maersk-owned Damco, one of the world's largest logistics companies, is in a global transitional process, with less focus on the standard services offered by many companies today, and more focus on handling complete supply chains and more complex jobs. Profits and operational efficiency will be increased, and the business will become simpler in order for the company to reach its goal of being among the world's Top 5 by 2014.

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