By Ira Breskin Liner shipping firms are upgrading their offerings to attract the premium business needed to bolster the industry’s anemic margins. Yet it is shippers, intermediaries, and beneficial cargo owners (BCOs) who will render the final judgment on the strategy, and the jury remains very much out. Led by the Danish giant Maersk Line and French line CMA CGM,…
Year: 2018
Can IT help the shipping industry deep-six the container “no-show” problem?
By Mark B. Solomon In late February, AP Moller-Maersk Group CEO Soren Skou laid out perhaps the most audacious strategy in the container shipping industry’s 62-year history. Within three to five years, the Danish giant would become a provider like FedEx Corp., DHL Express, and UPS Inc., delivering reliable end-to-end service across an integrated transportation network, with Maersk the customer’s…