Maersk

Logistics Takes Center Stage Amid Global Supply Chain Uncertainties
Logistics Takes Center Stage Amid Global Supply Chain Uncertainties
October 02, 2024  |  Supply Chain

Customer expectations have been transformed by eCommerce, and logistics must keep up. Whether it’s retailers trying to compete with Amazon’s delivery promises or manufacturers juggling...

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Maersk: Demand for Shipping Shows No Signs of Potential Recession
Maersk: Demand for Shipping Shows No Signs of Potential Recession
August 07, 2024  |  Shipping

Contrary to widespread worries about a potential economic slowdown, shipping giant Maersk has reportedly seen no signs of a U.S. recession. Judging by the demand for...

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Shipping Companies Maersk and Hapag-Lloyd to Create Interconnected Ocean Network
Shipping Companies Maersk and Hapag-Lloyd to Create Interconnected Ocean Network
January 17, 2024  |  Shipping

Global shipping companies Maersk and Hapag-Lloyd have signed an agreement for a long-term operational collaboration. This collaboration, known as the “Gemini Cooperation,” will begin in...

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Maersk Invests $500 Million in Southeast Asian Supply Chain Infrastructure
Maersk Invests $500 Million in Southeast Asian Supply Chain Infrastructure
December 04, 2023  |  Supply Chain

Maersk is planning to invest over $500 million to support its supply chain operations in Southeast Asia. The Danish shipping firm said in a Monday (Dec....

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Maersk Cuts Another 3,500 Jobs Amid Shipping Industry’s ‘New Normal’
Maersk Cuts Another 3,500 Jobs Amid Shipping Industry’s ‘New Normal’
November 03, 2023  |  Shipping

Maersk is eliminating another 3,500 positions after having reduced its headcount by 6,500 throughout the year. The Copenhagen-based shipping company announced this move while reporting its...

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Container Shipping Rates Drop 90% Since Early 2022
Container Shipping Rates Drop 90% Since Early 2022
October 09, 2023  |  Shipping

Container shipping rates have reportedly experienced a significant decline due to a decrease in consumer demand for goods, particularly in the ocean freight industry. This...

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Maersk and Kodiak Robotics Launch Commercial Autonomous Trucking Lane
Maersk and Kodiak Robotics Launch Commercial Autonomous Trucking Lane
October 05, 2023  |  Technology

Global logistics company Maersk and autonomous technology developer Kodiak Robotics have launched a commercial autonomous trucking lane between Houston and Oklahoma City. Since August, the...

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AI Helps Multinationals Ease Supply Chain Pressures
AI Helps Multinationals Ease Supply Chain Pressures
August 13, 2023  |  artificial intelligence

Artificial intelligence isn’t new to shipping, but the way some companies are using it is. That’s according to a report Saturday (Aug. 12) by the...

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Declining Consumer Spend May Deepen Container Shipping Slowdown
Declining Consumer Spend May Deepen Container Shipping Slowdown
August 04, 2023  |  Shipping

Danish shipping giant Maersk reported a sharp fall in second-quarter earnings on Friday (Aug. 4) as global demand for the shipping of containers by sea continues its...

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