Name: Maersk acquisitions further global integrator strategy
Uploaded: Jul 14, 2022, 5:54 PM EDT

With the acquisition of Senator International, in June, and Pilot Freight Services, in May, A.P. Moller – Maersk is moving steadily toward its goal of becoming the global integrator of container logistics, said Charles van der Steene, Chief Commercial Officer, Maersk North America. In this interview, he discusses the value of offering a factory-to-couch experience no matter the mode. TPM22, Long Beach, California Sponsored by Maersk

<div class="phx-topic abstract-wrapper"><p>The volume of high-tech goods from Asia to North America increased 70% year over year while US imports of e-commerce declined, according to aviation consultancy Aevean.</p></div>

The volume of high-tech goods from Asia to North America increased 70% year over year while US imports of e-commerce declined, according to aviation consultancy Aevean.

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Trans-Pacific air cargo sees huge US demand for data center components

<div class="phx-topic abstract-wrapper"><p>Demand is projected to expand between 3.5% and 5% a year over the next decade, outstripping the supply of air cargo capacity that is forecast to grow by just 1% a year.</p></div>

Demand is projected to expand between 3.5% and 5% a year over the next decade, outstripping the supply of air cargo capacity that is forecast to grow by just 1% a year.

Global air freight capacity shortages to put brakes on demand growth

<div class="phx-topic abstract-wrapper"><p>With the EU about to follow the US in scrapping duty-free imports of low-value goods, the expanding regulatory clampdown is a turning point in how huge volumes of e-commerce exports from China are monitored.</p></div>

With the EU about to follow the US in scrapping duty-free imports of low-value goods, the expanding regulatory clampdown is a turning point in how huge volumes of e-commerce exports from China are monitored.

Era of 'low data, low accountability’ over for air cargo e-commerce: Tiaca

<div class="phx-topic abstract-wrapper"><p>With demand on the corridor continuing to outstrip available capacity constrained by the Middle East war, any resumption of hostilities would keep upward pressure on rates. </p></div>

With demand on the corridor continuing to outstrip available capacity constrained by the Middle East war, any resumption of hostilities would keep upward pressure on rates.

Asia-Europe air cargo rates remain elevated as Gulf tensions escalate

<div class="phx-topic abstract-wrapper"><p>Global cargo capacity has largely recovered to pre-shock levels, while international routes have yet to be seriously affected by jet fuel shortages, according to Xeneta.</p></div>

Global cargo capacity has largely recovered to pre-shock levels, while international routes have yet to be seriously affected by jet fuel shortages, according to Xeneta.

Air freight supply-demand factors adjust to war-disrupted market

<div class="phx-topic abstract-wrapper"><p>Ocean carriers are warning shippers to expect additional costs and delays for shipments through India’s busiest container port amid an influx of transshipment cargo rerouted due to the Middle East war.</p></div>

Ocean carriers are warning shippers to expect additional costs and delays for shipments through India’s busiest container port amid an influx of transshipment cargo rerouted due to the Middle East war.

Rail congestion adds to inland delays from India’s Mundra Port

<div class="phx-topic abstract-wrapper"><p>Chris Brooks rose from copy editor to co-running the <i>Journal of Commerce</i> and helping to build TPM into the largest shipping conference in the world during his 42-year tenure.</p></div>

Chris Brooks rose from copy editor to co-running the Journal of Commerce and helping to build TPM into the largest shipping conference in the world during his 42-year tenure.

Journal of Commerce exec director Brooks retiring after storied career

<div class="phx-topic abstract-wrapper"><p>Day rates out of Southeast Asia and China have remained firm, but it is a different story for charter fees out of Europe, the US, or the Mediterranean.</p></div>

Day rates out of Southeast Asia and China have remained firm, but it is a different story for charter fees out of Europe, the US, or the Mediterranean.

Minor dip in MPV freight rates belies trade lane imbalances

<div class="phx-topic abstract-wrapper"><p>Encouraged by the stickiness of early June rate hikes, carriers are capitalizing on robust demand as an early start to peak season keeps ships full on North Europe and Mediterranean trades.</p></div>

Encouraged by the stickiness of early June rate hikes, carriers are capitalizing on robust demand as an early start to peak season keeps ships full on North Europe and Mediterranean trades.

Asia-Europe ocean shippers face hefty July 1 rate increases

<div class="phx-topic abstract-wrapper"><p>Elizabeth Warren and Mark Kelly want the Trump administration to reinstate port fees against China’s maritime industry after their one-year suspension expires in November.</p></div>

Elizabeth Warren and Mark Kelly want the Trump administration to reinstate port fees against China’s maritime industry after their one-year suspension expires in November.

Senate Democrats push USTR on China-linked port fees

<div class="phx-topic abstract-wrapper"><p>The Canadian Trucking Alliance estimates that worker misclassification deprives federal and provincial governments of more than C$1 billion annually in tax revenue, while safety concerns also grow.</p></div>

The Canadian Trucking Alliance estimates that worker misclassification deprives federal and provincial governments of more than C$1 billion annually in tax revenue, while safety concerns also grow.

Canada’s ‘Driver Inc.’ model faces renewed scrutiny as Ottawa expands enforcement

<div class="phx-topic abstract-wrapper"><p>Amazon’s “asset-backed” less-than-truckload service is based on company-owned equipment and technology, its freight director says. </p></div>

Amazon’s “asset-backed” less-than-truckload service is based on company-owned equipment and technology, its freight director says.

Amazon Freight says new LTL offering is not a ‘brokerage’

<div class="phx-topic abstract-wrapper"><p>As asset-based intermodal marketing companies reject lower-priced freight, shippers are pushed deeper into routing guides and end up paying more well before the next round of contracts take effect. </p></div>

As asset-based intermodal marketing companies reject lower-priced freight, shippers are pushed deeper into routing guides and end up paying more well before the next round of contracts take effect.

Intermodal prices rising for shippers even before 2027 contract talks

<div class="phx-topic abstract-wrapper"><p>But third-party logistics providers and brokerages — which have been playing an increasing role in the LTL sector — are more likely to feel the heat from Amazon’s competition than asset-based LTL carriers, sources told the <i>Journal of Commerce</i>. </p></div>

But third-party logistics providers and brokerages — which have been playing an increasing role in the LTL sector — are more likely to feel the heat from Amazon’s competition than asset-based LTL carriers, sources told the Journal of Commerce.

Amazon pushes further into logistics space with launch of LTL service

<div class="phx-topic abstract-wrapper"><p>The port is giving financial awards to early purchasers of EV trucks as it works toward its goal of being the “world’s first carbon-free port,” CEO Noel Hacegaba said. </p></div>

The port is giving financial awards to early purchasers of EV trucks as it works toward its goal of being the “world’s first carbon-free port,” CEO Noel Hacegaba said.

Drayage operators in Long Beach rewarded for purchasing EV trucks

<div class="phx-topic abstract-wrapper"><p>The company is dealing with the fallout from a $77 million accounting error that has delayed its financial reporting, led to the departures of its CFO and COO, and is possibly behind slow payments to some third-party vendors. </p></div>

The company is dealing with the fallout from a $77 million accounting error that has delayed its financial reporting, led to the departures of its CFO and COO, and is possibly behind slow payments to some third-party vendors.

Partner complaints put Hub Group payment practices under spotlight

<div class="phx-topic abstract-wrapper"><p>Ben Silas, chief commercial officer at EFM Global, joins TPM Today to discuss the impact of changing global rules around the carnet system and temporary imports.</p></div>

Ben Silas, chief commercial officer at EFM Global, joins TPM Today to discuss the impact of changing global rules around the carnet system and temporary imports.

TPM TODAY | Will Your Cargo Survive the June 1 Carnet Shift?

<div class="phx-topic abstract-wrapper"><p>James Houghtalin, executive vice president at Cosco Shipping Lines North America, discusses the company’s focus on efficiency, flexibility, and offering diverse service options to meet customer needs while promoting sustainability through emission reductions, expanding electric truck fleets and ensuring workplace safety through training.</p></div>

James Houghtalin, executive vice president at Cosco Shipping Lines North America, discusses the company’s focus on efficiency, flexibility, and offering diverse service options to meet customer needs while promoting sustainability through emission reductions, expanding electric truck fleets and ensuring workplace safety through training.

Resilient, efficient, eco-friendly service

<div class="phx-topic abstract-wrapper"><p>Paul Brashier, vice president, global supply chain at ITS Logistics, explains why the industry must remain vigilant in combating theft and fraud, how ITS’ US Port/Rail Ramp Freight Index evolved from an internal resource into a key market barometer, and why training people to use AI effectively is essential for making informed decisions.</p></div>

Paul Brashier, vice president, global supply chain at ITS Logistics, explains why the industry must remain vigilant in combating theft and fraud, how ITS’ US Port/Rail Ramp Freight Index evolved from an internal resource into a key market barometer, and why training people to use AI effectively is essential for making informed decisions.

Investing in tech to reduce risk

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<div class="phx-topic abstract-wrapper"><p>Maersk is moving steadily toward its goal of becoming the global integrator of container logistics.</p></div>

Maersk is moving steadily toward its goal of becoming the global integrator of container logistics.

<div class="phx-topic"><p>With the acquisition of Senator International, in June, and Pilot Freight Services, in May, A.P. Moller – Maersk is moving steadily toward its goal of becoming the global integrator of container logistics, said Charles van der Steene, Chief Commercial Officer, Maersk North America. In this interview, he discusses the value of offering a factory-to-couch experience no matter the mode.</p><p><i>TPM22, Long Beach, California Sponsored by Maersk</i></p><p><i><image></image></i></p><div class="wrapper-full"><dynamic-object type="brightcove" resource-id="6309547589112"></dynamic-object></div></div>

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