Maersk had more cash than it knew what to do with — but not anymore
How do you spend $41 billion without buying more ships?
How do you spend $41 billion without buying more ships?
This week in Borderlands: Exports of Mexican-made trucks jump 17% in October; Pilot Freight Services expands in Texas; Trade X launches a platform for auto imports/exports in Mexico; and U.S. Border Patrol agents halt smugglers using trucks to transport migrants.
Senior executive says “strategic assets along the supply chain are a key part of Hapag-Lloyd’s Strategy 2023.”
Maersk said it can provide end-to-end supply chain solutions with its ships calling its APM Terminals Elizabeth, followed by clearance through Maersk Customs Services and finally storage, fulfillment distribution and inland transportation through Performance Team.
Maersk will deploy 300 Class 8 electric trucks from Einride in its U.S. warehouse and distribution network.
Modern Shipper sat down with Pilot Freight CEO Zach Pollock to discuss how the newly acquired company fits into Maersk’s e-commerce strategy.
A.P. Moller – Maersk announced the $1.8 billion acquisition of U.S. forwarder Pilot Freight Services. The deal is the company’s latest move in building out a land-based logistics network.
If shopping in 2021 could be summed up in one word, it would be e-commerce. Online shopping has had profound effects on the global economy.
Pilot Freight Services and Stevens Transport engaged in disability discrimination, according to separate lawsuits filed by the Equal Employment Opportunity Commission.
Pilot Freight Services took the unusual step of buying a trucking company to connect its e-commerce delivery services.
Global logistics provider Pilot Freight Services has acquired DSI Logistics, a last-mile heavy goods specialty provider.
Kirby Fine, principal, ATL Partners, and Gordon Branov, CEO of Pilot Freight Services, talk about trends in the last-mile heavy-duty bulky market during the FreightWaves Last Mile Logistics Summit.
Pilot Freight Services, which operated under a national franchise network for decades, now owns 90% of its offices and monitors for future acquisitions.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Volvo delivers 76 new trucks to Mexican carrier; ships are checked […]