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Pandemic Propels Makeover at Shipping Giant Maersk
Maritime Activity Reports, Inc.
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Maersk is accelerating its plan to transform itself from a container shipping giant into an integrated logistics company following its strong performance during the pandemic, Chief Executive Soren Skou said on Tuesday.
Maersk, which handles one in five containers shipped worldwide, aims to expand its land-based logistics services, hoping to gain a larger share of the supply chain from existing shipping clients such as Puma and Walmart. I don t want to put a date to it, but I m certain that our logistics business has potential to become just a big as ocean shipping measured in turnover, Skou told Reuters in an interview.
By Jacob Gronholt-Pedersen
COPENHAGEN, May 11 (Reuters) – Maersk is accelerating its plan to transform itself from a container shipping giant into an integrated logistics company following its strong performance during the pandemic, Chief Executive Soren Skou said on Tuesday.
Maersk, which handles one in five containers shipped worldwide, aims to expand its land-based logistics services, hoping to gain a larger share of the supply chain from existing shipping clients such as Puma and Walmart.
“I don’t want to put a date to it, but I’m certain that our logistics business has potential to become just a big as ocean shipping measured in turnover,” Skou told Reuters in an interview.