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Maersk's logistics unit breaks off.
BYLINE: William Hoffman
Maersk Logistics is setting a new course in the wake of massive reorganization at Maersk Line and its parent company, A.P. Moller-Maersk. It's following a path plotted by the logistics subsidiaries of competitors such as APL and NYK that have sailed beyond their shipping line roots.
Analysts say its success may depend on keeping the right distance from its behemoth container partner: not too far and not too close. Too far, and it could lose its leverage in the ocean freight market. Too close, and it risks being swamped in Maersk Line's struggle to right itself after losing $698 million in 2006 and posting a net profit of only $25 million for the first nine months of 2007. "We have lost …
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- Change in course.(reorganization and restructuring of Maersk Line)
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Magazine article from: JoC Week
Leach, Peter T.
December 17, 2007
700+ words
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- Maersk Makes Deep Cuts.(Maersk Line)
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Magazine article from: Traffic World
Leach, Peter T. Barnard, Bruce
January 14, 2008
700+ words
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- Maersk's Logistics Relaunch.(Maersk Logistics USA Inc. reorganization)
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Magazine article from: Traffic World
Hoffman, William
January 21, 2008
700+ words
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- Maersk to drop 'Sealand' name.(A.P. Moller-Maersk Line)(Brief Article)
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Magazine article from: Traffic World
August 29, 2005
700+ words
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- THE WEEK.(restructuring of management of Maersk Line )(Tommy Thomsen Clipper...
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Magazine article from: JoC Week
December 10, 2007
700+ words
