Comment / Mærsk the integrator destuffing its clients, and they like it

A couple of years ago, I made the observation that with its integrator strategy, with its focus on securing as much volume as possible on long term accounts, Maersk was looking increasingly like a contract logistics operator – only its assets were ships, ports and containers, rather than trucks, warehouses and pallets.

What I have since learnt about the contract logistics business is that given it earns a third of its revenues from storage, and two-thirds from distribution/value-added services, it’s the ...