Damco

Damco truck trailer

Damco is the second of two Netherlands-based firms to make the JOC’s Top 40 Global 3PLs list. It sits at No. 23 as a result of its $3.2 billion in revenue in 2013. Damco, the third-party logistics subsidiary of Maersk Group, provides freight forwarding and logistics solutions from its headquarters in The Hague, Netherlands.

Damco and its 11,400 employees operate out of 93 countries and 300 offices around the world. In 2013, Damco’s revenue fell 1 percent to $3.21 billion from 2012’s $3.23 billion. The company attributed this to restructuring, such as consolidating locations, and the implementation of a new information technology system to track orders.

07 Mar 2019
Soren Skou tells TPM19 Maersk's latest foray into integrated logistics will be more successful thanks to its dominant market share and widespread digitization throughout the container shipping industry.
03 Jan 2019
Peter Tirschwell provides insight into IMO 2020 impact, Maersk-Damco service changes, and expanding potential within data standardization.
19 Sep 2018
Maersk has taken the next step in its pursuit to become a supply chain integrator akin to UPS or FedEx.
Damco.
17 Aug 2018
The unit, which comprises Damco, Maersk’s freight forwarding operation, and the inland activities of APM Terminals, its global container terminal unit, increased revenue by 6.7 percent to $1.5 billion in the second quarter.
Belarus Europe freight train.
12 Jun 2018
More, faster rail route options with more reliability/visibility, are the chief reasons China-Europe rail use is increasing. Add the historic time advantage over ocean freight and cost advantage over air cargo and the net result is a shift in rail from an “interesting option” to “preferred transport mode" for many shippers.