Mærsk – the 'ideal buyer' of DB Schenker
‘A super-large Damco (rebirth)’
Overshadowed by all the positives coming from Maersk’s H1 performance was the result from its sickly forwarding division, Damco, which recorded a $42m loss.
Given the extensive restructuring that has taken place at Damco since its relocation to the Hague from the family home in Copenhagen early in 2013, it is perhaps not a surprise that another loss was posted after the $111m red ink of last year; but it is a concern that getting the forwarder back on track is ...
Carriers warn of delays as congestion increases at North Europe's ports
Asia-USEC shippers to lose 42% capacity in a surge of blanked sailings
Response to tariffs by Chinese importers may see extra costs for US shippers
FedEx and UPS add 'China fee' ahead of the end of de minimis
Why ROI is driving a shift to smart reefer containers
New USTR port fees threaten shipping and global supply chains, says Cosco
Taiwan gears up for more transhipment amid 90-day US tariff grace period
USTR fees will lead to 'complete destabilisation' of container shipping alliances
Comment on this article