Conf call redux: AP Møller-Maersk's recipe for success? It's Gemini, stupid!
Some pain and some gains, it’s all written in the stars
Industry experts have questioned the sudden liquidation of digital platform TradeLens, with some asking whether Maersk had stepped into a ’competition minefield’ as it sought to vertically integrate.
Maersk’s explanation for the sudden curtailing of TradeLens’ activities – that it had not “reached the level of commercial viability necessary to meet… financial expectations” – is drawing scepticism from the transport sector, and beyond.
James Hookham, director of the Global Shipper’s Forum, told The Loadstar he “did not buy” this reason for closure.
“It ...
Latest strike will cause ‘massive' disruption at German airports
CMA CGM pledges $20bn investment to boost US supply chains
Asia-Europe FAK price hikes manage to halt 13-week rate decline
Freightmate 'a product of theft, not ingenuity' says Flexport
Comment on this article