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...
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....
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...
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...
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...
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...
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...
Global shipping giant Maersk is projecting profits will plummet this year following a record 2022. The company’s 2022 earnings report released Wednesday (Feb. 8) shows...
Seamless collaboration among ecosystem partners after underdoing operational modernizations is critical to successful B2B transactions. This, as businesses are increasingly setting up next-generation payment networks...