Maersk

Maersk Projects $26B Drop in Profits After Record 2022
Maersk Projects $26B Drop in Profits After Record 2022
February 08, 2023  |  Earnings

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...

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B2Bs Seek Painless Month-End Account Reconciliation Without Painful Integration
B2Bs Seek Painless Month-End Account Reconciliation Without Painful Integration
January 20, 2023  |  B2B Payments

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...

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Walmart Puts Pricey Blockchain Food Tracking Platform On Ice
Walmart Puts Pricey Blockchain Food Tracking Platform On Ice
December 19, 2022  |  Blockchain

Blockchain solutions for supply chain management and digitized traceability are increasingly on the chopping block. While tech crypto purists continue to tout the transformative potential...

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Maersk Quietly Quits TradeLens Blockchain Project
Maersk Quietly Quits TradeLens Blockchain Project
December 02, 2022  |  Blockchain / Distributed Ledger

With the crypto industry under fire, some blockchain projects are also on the chopping block. It wasn’t supposed to be this way.   After all, blockchains...

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Maersk Looks to Expand B2B Logistics Business
Maersk Looks to Expand B2B Logistics Business
November 02, 2022  |  Shipping

One of the world’s largest container shipping companies reportedly expects to be making more money from logistics than from shipping by the middle of the...

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Maersk Sees ‘Dark Clouds’ on World Shipping Horizon
Maersk Sees ‘Dark Clouds’ on World Shipping Horizon
November 02, 2022  |  Shipping

While reporting record revenue Wednesday (Nov. 2), global shipping giant Maersk nonetheless warned of “dark clouds” facing its industry. These clouds come in the form...

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Shipping DLT TradeLens Touts Q2 Integrations, but Few New Users
Shipping DLT TradeLens Touts Q2 Integrations, but Few New Users
August 24, 2022  |  Shipping

When IBM Blockchain and Maersk created the TradeLens in 2018, the two companies envisioned a world where competing players in every segment of the shipping...

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TradeLens: Transportation Transformation or Quixotic Quagmire?
TradeLens: Transportation Transformation or Quixotic Quagmire?
August 01, 2022  |  Supply Chain

TradeLens is the highly publicized blockchain global trade network launched over four years ago by Danish shipping giant Maersk. Beyond the initial hype about eliminating...

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Maersk Turns to Stripe to Modernize Payments
Maersk Turns to Stripe to Modernize Payments
May 05, 2022  |  Shipping

Maersk has chosen payments infrastructure firm Stripe to help “modernize its economic infrastructure,” the Danish shipping and logistics giant said in a news release Thursday...

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