Maersk Line restructures logistics division

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Maersk Logistics will operate as a more independent business unit within the A.P. Moller - Maersk Group’s container activities.

Maersk Line has separated its logistics division from its core shipping operations, following a major restructure of the organisation.

The move, which is designed to help return the international heavyweight to sustained profitability, will allow Maersk Logistics to operate independently from its parent company.

"We have an aspiration to be the best logistics company in the market. We want to do that by delivering truly excellent supply chain and forwarding services focused around our customers' needs," said Henrik Ramskov, chief executive officer of Maersk Logistics.

"The higher degree of independence will enable us to design a much better organisational set-up for executing our strategy. It will minimise internal bureaucracy and enable much faster and more customer-focused decision-making processes to the benefit of everybody."

The reorganisation is expected to be completed by the end April 2008.

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