Comment / Market Insight: What's next for Damco?

Ever since mid-December, when another not-so surprising layoff announcement concerning AP Møller-Mærsk (APMM) included the departure of  “Klaus, the former Damco head”, as one source highlighted then, a few other market veterans were only vaguely interested in sharing their views on the latest APMM affairs.

With hindsight, that single resounding comment, might be a sign of more big bad things to come for APMM’s asset-light freight forwarding unit or, rather, for what’s left of it after over a year under another ...