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Maersk aquires Senator International

Copenhagen: A.P. Moller – Maersk (Maersk) announced on Jun 2 the closing of the acquisition of Senator International, a well-renowned global company in freight forwarding.

Under this takeover, Maersk will make use of the firm’s well-developed airfreight network, well-established full container load and less than container load network, and specialised services in packaging, warehousing, and distribution across five continents.

The acquisition will enable Maersk to offer an even wider range of products and the ability to provide flexible and integrated logistics solutions to our customers, allowing them to speed up or slow down cargo depending on their changing supply chain needs.

«We are delighted to welcome the Senator team to our Maersk family. As a global provider of integrated logistics, we are improving our ability to provide end-to-end solutions to our customers. With Senator on board, we are ramping up our air freight capacity, network, and know-how significantly to cater even better for our customers» saidVincent Clerc, CEO of Ocean & Logistics, A.P. Moller-Maersk

In the past two years, knock-on effects of Covid-19 have led to widespread congestion and production issues. As a result, more customers are requesting alternative means of cargo transportation.

Hamburg based Senator will add their broad industry expertise and product knowledge to Maersk’s existing network and thus provide customers with increased flexibility and redundancy in their supply chains.

«By joining Maersk, our customers will have access to a broader portfolio of products for their business needs and provide them with a single point of contact. It’s a perfect match, and we are really excited about the next chapter in our united journey» added Tim-Oliver Kirschbaum, CEO of Senator International

Maersk’s ambition is to have approximately one third of the annual air tonnage carried within its own controlled freight network, which will be achieved through a combination of owned and leased aircraft.

The remaining capacity will be provided by strategic commercial carriers and charter flight operators.

 

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