Maersk to promote logistics leg with expansion of inventory space

In order to realize its revenue ambitions, Maersk aims to quadruple current inventory capacity in the logistics business.
Photo: Maersk
Photo: Maersk

Maersk’s business within contract logistics is supposed to increase, and the carrier therefore wants to launch new investments in warehouse management, parcel handling and shipments.

The aim is for contract logistics to represent around half of revenue in Maersk’s strategically important logistics business compared to the current level of 28 percent, writes business daily Børsen.

”If we wish to reflect the way our customers spend their money, then we should be able to reach that weight class within our business,” states Maersk CEO Vincent Clerc to Børsen.

More precisely, Maersk intends to quadruple the total area of its logistics inventories in order to achieve ambitions, writes Børsen.

Maersk has a particular focus on the fast-growing e-commerce market where the Danish major wishes to compete with current customers such as Alibaba and Amazon, says Clerc.

English edit: Kristoffer Grønbæk

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