All Maersk articles – Page 5
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ArticleMaersk Line buys Hamburg Süd as sector consolidation continues
Denmark’s Maersk Line, the world’s largest container shipping company, has agreed to buy Hamburg Süd, the world’s seventh biggest, for an undisclosed sum. The deal is just the latest in a series announcements reflecting consolidation in the shipping industry, which is suffering from record low rates and overcapacity. Back in ...
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ArticleK Line, MOL and NYK form container joint venture
Global maritime logistics providers Kawasaki Kisen Kaisha (K Line), Mitsui OSK Line (MOL) and Nippon Yusen Kabushiki Kaisha (NYK) are integrating their respective container shipping businesses in a new, as yet unnamed, joint venture. The merger includes the companies’ worldwide terminal operations, with the exception of Japan. NYK will own ...
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ArticleKia switches to rail for parts shipments through Cordele
Governor Deal, centre left, is joined at the rail yard by CIS president Jonathan Lafevers, Georgia Rep. Buddy Harden, KMMG chief administrative officer Stuart Countess, Georgia Ports Authority Board chairman Jimmy Allgood, and GPA executive director Griff LynchKia Motors America is moving the shipment of inbound parts through the ...
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ArticleMaersk Group appoints Søren Skou as CEO
Søren Skou (pictured) has been appointed CEO of AP Møller-Maersk, replacing Nils Andersen, who is leaving Maersk Group. The changes will take place on July 1st.Skou takes on the new role in addition to his existing position as CEO of Maersk Line, a job he took up in 2012. He ...
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ArticleChina-Europe rail: The road less travelled
The old Silk Road that connected China to Europe rose to significant prominence during the seventh and eighth centuries, when not only was silk moved from China but also spices, paper and noodles across Eurasia. The route has been disrupted and dismantled many times during the last millennium or more, ...
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ArticleIran back on the map as a contender in the car market
Last week’s official lifting of many international economic sanctions against Iran could mark a major step forward for both its domestic car producers and those international brands eager to make the most of pent up demand in the Iranian market. Carmakers and global shipping lines are among those companies who ...
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ArticleMaersk Line continues job cuts
After cost reduction plans were announced by Maersk Line last month, and more than 100 jobs have been cut, chief commercial officer Stephen Schueler has become the highest profile member of staff to leave the company. Between now and the end of 2017, Maersk plans to reduce its staff number ...
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ArticleFocus on Spain part 3: Closely controlled growth
GM and Gefco are managing a global supply chain to produce the Mokka in Zaragoza, while the OEM is trying to cope with a shortage of transport assets in Spain.One of the important carmakers in Spain is General Motors, which has been operating its Opel plant since 1982 in the ...
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ArticleInfor to buy GT Nexus for $675m in Q3
US supply chain software provider, Infor, has announced it is buying GT Nexus, the world's largest cloud-based global commerce platform, for $675m. The buyout is expected to be complete by the end of September this year and will create the first global commerce cloud with end-to-end control and visibility for ...
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ArticlePoonam Datta takes up a CCO role with Globe Express Services
Supply chain logistics provider, Globe Express Services (GES), has appointed Poonam Datta as its new Chief Commercial Officer (CCO).Datta will be responsible for developing the company's global commercial strategy and further expanding its presence in the international market.Datta has a 25-year career in the logistics industry and has worked with ...
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ArticleSkoda: Simply Clever logistics
Jirí Cee, head of Skoda brand logistics, discusses the processes in the OEM's Czech homeland that are setting a standard for further growth around the world Mladá Boleslav, 70km north-east of Prague, is the town of Skoda. It has been the carmaker’s home since Laurin and Klement built their first ...
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ArticleVessel agreement to benefit parts shipments between Asia and South America
Maersk Line has recently signed a vessel sharing agreement with Mediterranean Shipping Company (MSC) and Mitsui OSK Lines (MOL) for trade between Asia and the east coast of South America. Maersk said the trade lane was key for the transport of automobile parts and electronics and that the agreement would ...
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ArticleNYK and APM bet on Gujarati ro-ro hub
A new, dedicated ro-ro terminal at Pipavev could become a major west coast export hub for India - but it depends on a number of factors, not least what will happen at the port of Mumbai While not without its hiccups, India’s vehicle exports have been on the rise, with ...
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ArticleLogistics providers recognised in GM supplier awards
General Motors recently announced the winners of its 23rd supplier awards for services provided in 2014 and there were a number of logistics providers amongst the 78 companies receiving recognition “for going above and beyond GM’s requirements”.“These companies are the best-of-the-best suppliers, and deserving of special recognition for their outstanding ...
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ArticleEurope conference: Overcapacity is driving down logistics pricing
An industry used to discussing the shortage of capacity was told at this week’s Automotive Logistics Europe conference held in Bonn, Germany, that while demand was growing, albeit at a single digit pace, there was, if anything, too much capacity in most markets, which was leading to falling prices for ...
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ArticleToo much capacity in the logistics sector is driving down pricing
An industry used to discussing the shortage of capacity was told at this week’s Automotive Logistics Europe conference held in Bonn, Germany, that while demand was growing, albeit at a single digit pace, there was, if anything too much capacity in most markets, which was leading to falling prices for ...
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ArticleToo much capacity in the logistics sector is driving down pricing
An industry used to discussing the shortage of capacity was told at this week’s Automotive Logistics Europe conference held in Bonn, Germany, that while demand was growing, albeit at a single digit pace, there was, if anything too much capacity in most markets, which was leading to falling prices for ...
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ArticleDB Schenker Logistics and Maersk Line promise CO2 reduction
Global logistics provider DB Schenker Logistics and global shipping company Maersk Line have recently signed a six-year strategic agreement to reduce CO2 emissions from ocean freight. Between now and 2020, Maersk Line has committed to reducing the CO2 emissions of every container it ships for DB Schenker Logistics by 20%, ...
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ArticleKCS announces top management appointments
Kansas City Southern (KCS) has appointed Erik Hansen as vice-president of intermodal, responsible for automotive operations, as well as sales and marketing. He is based in Kansas City and reports to executive vice president of sales and marketing, Patrick Ottensmeyer."We are delighted that Erik has joined the KCS management team," ...
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ArticlePort of Pasaia handles first Opel Mokka units
The Basque port of Pasaia (Pasajes) in Spain has begun handling its first Opel Mokka SUVs. In May, the Opel plant at Figueruelas (Zaragoza) announced that this year's production forecast for the model had been raised by 13,000 units. Short-sea operator UECC has said that for 2014 the number of ...