Damco’s profit slipped on increased revenue in the first quarter as the global freight forwarding and logistics group saw air freight tonnage soar while ocean container traffic stalled.
19 Apr 2013
Damco has appointed Helmut Kaspers chief commercial officer of its West Europe region.
05 Apr 2013
Damco has opened a second container freight station warehouse facility in Cambodia, following the launch of Damco CFS Warehouse 1 in August 2011.
03 Apr 2013
Mark Michaels, Chief Commercial Officer, Damco, discusses how the TPM sponsor’s business is developing, the increasing complexity of supply chains, and near-shoring as an alternative for companies looking to diversify their sourcing.
29 Mar 2013
Damco has announced several appointments to expand the third-party logistics provider’s presence in the region...
22 Feb 2013
Damco’s net operating profit fell to $55 million in 2012 from $63 million in 2011 as slimmer margins at the global freigh
23 Jan 2013
Freight forwarding and supply chain management company Damco will move its headquarters from Copenhagen, Denmark, to The Hague in the Netherlands in February, and will also implement several senior-level management changes.
17 Jan 2013
Ocean shipping slot shortages are likely to develop on some high demand loops from Asia in the run-up to Chinese New Year
16 Jan 2013
As ocean shipping volumes and rates rise on trades out of Asia in anticipation of the traditional factory shutdown on Feb
07 Dec 2012
Low backhaul container freight rates from Africa to Asia are prompting the containerization of some minor bulk cargoes, a
05 Dec 2012
The Journal of Commerce's Jennifer Stevens and Mikkel Kannegaard, president of Damco Canada, discuss the importance of a holistic outlook in supply chain review and the value of different perspectives in strategy development.
12 Nov 2012
Freight forwarding and supply chain service provider Damco, part of A.P. Moller-Maersk, today reported profit in the third quarter of $212 million.