Maersk pulls out of DB Schenker bid after identifying 'challenges' in integration
Maersk has pulled out of its bid to buy DB Schenker, leaving just three in ...
RXO: ANOTHER RECORD DHL: JOINING THE PARTYKNIN: RIPPLE EFFECTDSV: SPIKINGMAERSK: GOODBYE SCHENKERBA: SPIRIT DISPOSALSBA: SPIRIT AEROSYSTEMS DEALGM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAY
RXO: ANOTHER RECORD DHL: JOINING THE PARTYKNIN: RIPPLE EFFECTDSV: SPIKINGMAERSK: GOODBYE SCHENKERBA: SPIRIT DISPOSALSBA: SPIRIT AEROSYSTEMS DEALGM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAY
Maersk is set to expand its integrated logistics offering to the UK and Ireland, signing long-term leases for three warehouses in the region.
It has signed a 15-year deal for a new warehouse in Doncaster, in the north of the UK, adding to its distribution facilities in the Midlands, at Tamworth and Kettering.
The new site is part of the G Park Doncaster Mammoth 602 development, with rail connections via Doncaster International Railport, air via Robin Hood Airport and motorway access.
It features over 60,000 sq metres of space, 60 dock levellers and has 20 metres of internal clear height, making it one of the largest warehouses in the UK.
And in Ireland, Maersk has signed a lease for two warehouses under construction at Dublin’s Quantum Logistics Park, 2km from Dublin Airport and 15km from the port.
Units 3 and 4 in Quantum Logistics Park will feature a combined space of 25,000 sq metres, with Dublin-based developer IPUT Real Estate set to complete them in Q4 22 and Q2 23.
“These new warehouses are a strong statement that we are ready to deliver on our integrator promise to our customers to serve them with end-to-end logistics solutions, from factory to their end-consumers if they wish,” said Gary Jeffreys, Maersk’s area MD UK & Ireland.
“The demand for integrated and thus more resilient supply chains has grown significantly over the past two years. The disruptions of Brexit and the pandemic moved the logistics from a commodity level to a C-level topic – where it actually belongs,” he added.
Last month, Maersk completed its latest acquisition, the takeover of LF Logistics, the supply chain division of Hong Kong apparel sourcing firm Li & Fung, in a deal valued at $3.6bn.
The UK has long been a key market for Li & Fung and Maersk said the transaction included a “strategic partnership with Li & Fung to develop a comprehensive range of end-to-end global supply chain services with them focusing on the upstream supply chain and Maersk focusing on the downstream supply chain”.
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