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.

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.
16 Aug 2017
Maersk is “quite pleased with growth in the [air cargo] business.”
13 Jul 2017
The pledge comes as Maersk Line recognizes concern among shippers at booking containers with the carrier while it limps back to a business-as-usual state.
07 Jul 2017
It has been 10 days since a cyber attack crippled Maersk Line, Damco, and APM Terminals, but the carrier has reported a rapid rise in cargo bookings as its systems are restored.
29 Jun 2017
Maersk Line says it is close to bringing its operations back to normal after a massive cyberattack.
18 May 2017
Damco is using river transport to move freight to and from the port of Chittagong.
11 May 2017
Damco slid back into the red in the first quarter, positng a net operating loss of $8 million.
26 Apr 2017
With the help of Microsoft, Maersk Line plans to roll out customer software applications in the third quarter that will help beneficial cargo owners track containers and manage cargo.
05 Apr 2017
The Twill online portal, billed as a “virtual freight forwarder,” will go online Monday, but will only be available to UK shippers and then only those importing cargo from China.
08 Feb 2017
The Maersk Group said its forwarding and logistics arm still has some way to go to improve its performance.
13 Dec 2016
Maersk “will be like one company” offering container shipping, logistics, and port services.