Maersk

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.

The blockchain relationship between Maersk and IBM dates back to June 2016, when they initially teamed up to build new blockchain- and cloud-based technologies, which have subsequently been piloted by various concerns, including DuPont, Dow Chemical, and U.S. Customs and Border Protection, among others.

In an effort to adapt to current global supply chain demands, A.P. Moller-Maersk, Hapag-Lloyd, MSC and Ocean Network Express have established the Digital Container Shipping Association (DCSA) in The Netherlands.

When Damco’s Supply Chain Services and Maersk Line’s Ocean Product are finally integrated On January 1st, 2019, A.P. Moller - Maersk hopes that shippers will have “fewer touchpoints” and more comprehensive offerings.

A.P. Moller-Maersk, the company intends to “transform” its logistics and supply chain model to compete with package delivery behemoths like UPS and Fedex.

With a focus on providing more efficient and secure methods for conducting global trade through the usage of blockchain technology, ocean cargo giant A.P. Moller-Maersk and technology powerhouse IBM announced plans this week for a joint venture (JV). IBM and Maersk said that the objective of this JV is to provide a jointly developed global trade digitization platform that is built on open standards and designed for use by the entire global shipping ecosystem