A.P. Moller-Maersk’s (OTCMKTS: AMKBY) announcement earlier this week that it will integrate the air cargo and less-than-container-load (LCL) services of its subsidiary Damco into the Maersk brand has some customers checking their options.
Shippers remain unclear how the absorption of Damco into Maersk will impact their overall logistics contracts with the longtime third-party logistics services provider (3PL), as well as what will happen to the customer service staff who were dedicated to their shipping requirements.
Other 3PLs say they are prepared for a possible migration of shippers from Damco.
“The last thing shippers need at present is further uncertainty,” said Thorsten Meincke, a member of DB Schenker’s management board for air and ocean freight, in a statement on Friday.
“We are making an offer to all those who are now looking for long-term security and reliability,” he added.
DB Schenker said it approved a “stability package” for those shippers specifically impacted by Maersk’s announcement, which includes an offer to take over short-term service agreements with up to two-month contract periods that match those agreed by Damco.
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Source: American Shipper