News / True cost of restructure means Damco is the new black sheep of the Maersk family

28/02/2014

Maersk Line and Damco have clearly not been reading the script: over the past few years it has been the forwarder that made the profit and the carrier that posted red figures, not the other way round.

And as Maersk Line stole the limelight yesterday in ...

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Michael Kusuplos
February 28, 2014 at 3:33 pm
Seems that the low hanging fruit is not as constantly sweet as the assumption thought it would be; that there are seasons where it is most bitter? Have business leaders not yet learned that there is no such thing as an “Easy Market or a “Guaranteed Profit”? Stray from your core business and you learn this very quickly.

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Ethan Buchman
March 03, 2014 at 3:13 pm
This, together with the other article posted this week on losses at CEVA, only drive home the point that larger freight forwarders are operating inefficiently. For example, I requested spot quotes from the 15 largest freight forwarders and only got two answers in about a week.
https://www.youtube.com/watch?v=0xFMJSj2N4A

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