Maersk

On this episode, Maersk’s Yujie Su discusses just what it takes to innovate at one of the world’s largest shipping and logistics companies

Hapag-Lloyd said that the objective of this new offering will be to deliver a flexible and interconnected ocean network with industry-leading reliability. And Maersk explained that the Gemini Cooperation will provide unprecedented reliability, speed-to-market, and geographical reach, as well as continuing to support decarbonization and the company’s future intention to be a net-zero company.

Earlier today, various media reports indicated that the United States and England have taken retaliatory measures against the Yemeni Houthi pirates for their ongoing series of attacks on the Red Sea shipping lane, in response to the ongoing Israel-Palestine conflict.

Due to the ongoing violence in the Red Sea region and continued attacks on global shipping, global ocean container line service provider A.P. Moller-Maersk said this week it would pause all vessels bound for the Red Sea/Gulf of Aden, due to the recent incident pertaining to the Maersk Hangzhou and related issued in that region.

With too many vessels chasing too few cargoes, volumes—and rates—have spiraled downward. Consequently, the ocean lines are scrambling to find ways to prop up profits and remain competitive

The advanced, AI-driven 38,000-square-foot automated-fulfillment center in Dallas is expected to be fully operational this fall in support of an online B2C retailer.

With a focus on predictability and efficiency, Erez Agmoni, Maersk’s head of global innovation, is adding new technologies to Maersk’s toolbox.

With a focus on predictability and effiency, Erez Agmoni, Maersk’s head of global innovation, is adding new technologies to Maersk’s toolbox.

Copenhagen, Denmark-based A.P. Moeller Maersk, an integrated container logistics services provider, said today it has completed its acquisition of Hong Kong-based contract logistics services provider LF Logistics.

Maersk officials said that the purchase price is $1.68 billion (USD). They added that bringing Pilot into the fold will benefit shippers by offering customized international, domestic and cross-border logistics to Maersk’s North America landside logistics capabilities for business-to-business (B2B) and business-to-consumer (B2C) distribution models, as well as new supply chain capabilities for the big and bulky sector with white glove home delivery service.

The consolidation of the major logistics services continues. A.P. Moeller-Maersk, the largest ocean carrier group, recently announced the acquisition of U.S.-based Pilot and gave notice of more purchases of transport and warehousing assets to come soon.

Maersk officials said that the purchase price is $1.68 billion (USD), adding that the acquisition is subject to regulatory review and approval, which it expects to be obtained by the second quarter, with both Maersk and Pilot operating as independent businesses until the acquisition is made official.

CP officials said that this open-API platform will provide CP’s intermodal shippers with the ability to create, amend and share documents with other supply chain participants, including consignees, beneficial cargo owners, customs agencies, dray operators and steamship lines.

Industry experts maintain that ocean carriers may have finally figured out how to make money this year, as sluggish demand last summer made sustainable pricing more important than ever. Shippers now can’t afford to miss vital bookings this peak season, thereby committing to contracts early.

In a move geared towards augmenting its end-to-end supply chain service offerings, Copenhagen, Denmark-based A.P. Moller Maersk, an integrated container logistics services provider, said yesterday it inked an agreement to acquire El Segundo, Calif.-based Performance Team, a provider of warehousing and distribution services.