Conf call redux: Mærsk mum on tariffs
Waiting for Gemini to flex its muscles
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 ...
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