Damco is to separate European operations into east and west. The move is designed to enable it to target faster-growing companies in the Eastern European markets while leveraging the current economic pain in Western Europe to attract big customers eager f
Browsing: Ocean Freight
Container line Maersk lost $599m (£375m) in the first quarter compared to a profit of $424m (£265m) last year
Damco, the AP Moller – Maersk logistics business, has come up with a new approach to increasingly flexibility in the supply chain
The liner shipping industry’s margins are not acceptable, Maersk’s new chief executive officer Soren Skou has warned
FedEx, Eddie Stobart and DHL have all made the Top 20 Business Superbrands for 2012
Maersk’s Liner Business made a loss of $600 million last year compared to a profit of $2.6bn in 2010 as a result of low freight rates on the Asia–Europe trades
The world’s largest container line, Maersk, is cutting its vessel capacity on the Asia-Europe route by nine per cent saying that ocean-capacity on the route had pushed freight rates to unsustainably low levels
APM Terminals has appointed Henrik L. Pedersen as chief executive officer for the Asia-Pacific Region based in Shanghai, China
The G6 Alliance of container lines will begin services from the first week of March – one month ahead of schedule
Logistics provider IJS Global has appointed Sven Boekhorst head of global ocean freight and executive vice president reporting chief executive Sjoerd van Loon
