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Maersk Logistics, Damco to merge in September

6/9/2009 9:42:18 AM

The A.P. Moller - Maersk Group will on September 7 merge its supply chain management activities, Maersk Logistics, and its freight forwarding unit, Damco, under the single brand name "Damco".

 

Under the new brand, Damco will continue to offer its more than 10,000 customers a broad range of logistics services covering A-to-B forwarding and time-sensitive reefer logistics to advanced supply chain management solutions and consultancy.

 

In the interim period between now and September 7, the supply chain services will continue to be delivered under the Maersk Logistics brand, and the forwarding services will continue to be delivered under the Damco brand.

 

Maersk Logistics and Damco last year handled 587,000 TEUs of ocean freight and 60,294 tonnes of aircargo. Its revenue in 2008 was almost US$3 billion.

 

Cargo News Asia

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