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Hong Kong-based LF Logistics now part of Maersk

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Maersk

Hong Kong-based LF Logistics now part of Maersk

September 12, 2022 by Payload Asia

A.P. Moller - Maersk completed its US$3.6b acquisition of LF Logistics in late-August, taking control of the Hong Kong-based contract logistics company which will now be rebranded to Maersk. Maersk will add 223 warehouses to the existing portfolio, bringing the total number of facilities to 549 globally, spread across a total of 9.5 million square meters. LF Logistics, part of supply chain manager Li & Fung, employs 10,000 people, operates an extensive pan-Asia network and specialises … [Read more...] about Hong Kong-based LF Logistics now part of Maersk

Other Topics: air cargo network, air express, air freight services, air logistics, Asia Pacific air cargo, Asia Pacific air freight, Asia Pacific air logistics, Asia Pacific shipments, cargo flights, contract logistics, e-commerce logistics, express delivery, express logistics, international air shipments, international express delivery, LF Logistics, Maersk, transpacific air cargo, transpacific air freight, warehouse management, warehousing

Maersk buys US-based Pilot Freight Services for US$1.68b

May 2, 2022 by Payload Asia

Maersk is adding more capacity and growing its end-to-end logistics offering in the North American as it acquired US-based home delivery and big and bulk specialist Pilot Freight Services for US$1.68b. Pilot has 87 stations and hubs in North America with third-party providers of controlled trucking capacity, including FTL and LTL for both B2C and B2B distribution. The company also specialises in heavy and bulky shipments with white glove service for expedited and time-definite … [Read more...] about Maersk buys US-based Pilot Freight Services for US$1.68b

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, freight forwarding, integrated logistics, Maersk, omni-channel, Pilot Freight Services

Maersk boosts fulfilment service with LF Logistics takeover

December 28, 2021 by Payload Asia

Leading shipping line Mærsk A/S has reached an agreement to acquire 100 percent of the shares in the contract logistics business of Hong Kong-based LF Logistics in an all-cash deal valued at US$3.6 billion. The acquisition is expected to strengthen Maersk’s capabilities as an integrated container logistics company that offers end-to-end supply chain solutions to its customers. Also read: Shipping giant Maersk beefs up air freight operations LF Logistics, owned by fashion and retail … [Read more...] about Maersk boosts fulfilment service with LF Logistics takeover

Other Topics: contract logistics, ecommerce fulfilment, LF Logistics, Li & Fung, Maersk

Maersk kickstarts airfreight services, taps AirAsia to deliver Thai shipment

October 15, 2020 by Payload Asia

Maersk transported its first airfreight shipment from Thailand to Nagoya after the integration of Damco’s airfreight and LCL services into Maersk’s product portfolio earlier this month.  The Danish logistics provider tapped AirAsia to fly 11 airfreight charters for a leading tyre manufacturer in Thailand.  Maersk Thailand, Malaysia and Singapore told The Loadstar the client was previously a regular air cargo customer for Damco, but the current airfreight capacity crunch required finding … [Read more...] about Maersk kickstarts airfreight services, taps AirAsia to deliver Thai shipment

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, AirAsia, airfreight charter, airlines cargo, airways cargo, asia cargo news, cargo aviation, DAMCO, Maersk, Thailand

Maersk misjudged container-shipping demand

November 12, 2013 by Payload Asia

The chief executive of Danish shipping group Maersk Line said recently that the company misjudged the strength in demand for container shipping, which has proved far more sluggish than it expected when it ordered billions of dollars' worth of new vessels two years ago. The world's biggest container shipper is now counting on the planned P3 cargo-sharing alliance with European rivals CMA CGM and Mediterranean Shipping Co. to cut costs and reduce the number of their ships plying major routes … [Read more...] about Maersk misjudged container-shipping demand

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, CMA CGM, container shipping, Maersk, Mediterranean Shipping Co, P3 alliance, Søren Skou

P3 carriers unveil their schedules

November 12, 2013 by Payload Asia

Maersk, Mediterranean Shipping Co and CMA CGM have released service details covering the Asia-Europe, transpacific and transatlantic trades and say they are on schedule to launch operations for the P3 network in the second quarter of next year, assuming there are no regulatory obstacle Maersk’s 18,270 teu Triple-E ships will be deployed in a revised AE1 loop that will call at Bremerhaven, Wilhelmshaven and Rotterdam in northern Europe. The broad outline of the operational alliance … [Read more...] about P3 carriers unveil their schedules

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, cargo aviation, CMA CGM, Maersk, Mediterranean Shipping Co, P3 alliance, Triple-E

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