Air Freight News

Maersk announces acquisition of Performance Team Warehousing & Distribution

Apr 01, 2020

Maersk has announced the acquisition of Performance Team, which is now officially closed as they usher in a new chapter of Warehousing & Distribution service with regional scale to make businesses run smoother with faster response times to supply chain changes.

Maersk will now offer a stronger, more comprehensive portfolio of W&D products and scope to support businesses:  
•    Omnichannel: We now offer you the growth opportunity to use Performance Team’s omnichannel fulfillment services to create a hold and flow model - or customize a solution for your specific distribution needs.
•    Trucking:  Our combined inland transport capabilities total nearly 600 trucks. (Performance Team 340 trucks/HUDD Transportation 250 trucks) More tractor power and smoother deliveries with less handoffs means better use of your management time.  
•    Scale and locations: We now offer you 46 warehouses in North America with ideal locations – many are near ports - and warehouse capacities that fit the market needs.
•    Catalyst for your growth:  We researched the Warehousing & Distribution sector and Performance Team was the clear winner based on customer feedback, leadership excellence and fit with Maersk Warehousing & Distribution’s scope of service and locations. Our goal is to grow this sector responsibly.
•    Business as usual approach: As we announce the closing today of Maersk’s acquisition of Performance Team – we want to emphasize it is business as usual for customers of Performance Team and Maersk.  Your service and point of contact will remain the same – and you will enjoy the same customer experience and delivery of our solutions to you. In addition, all agreed to service levels, terms & conditions, and contracts will remain valid. Our focus is ensuring smooth operations for our customers. 

Similar Stories

STG Logistics celebrates 40 Years of Excellence in the Logistics and Supply Chain Industry

STG Logistics (STG), a national leader in containerized freight solutions, is proud to announce it is celebrating forty years in the logistics industry. Over the past four decades, STG has…

View Article
https://www.ajot.com/images/uploads/article/Thomas-Nordberg%2C-Managing-Director%2C-The-Swedish-Club.png
AM Best confirms Swedish Club’s A-rating and revises outlook to stablec
View Article
C.H. Robinson launches ‘C.H. Robinson Financial’ a suite of rapid cash flow solutions

This industry-leading solution redefines payment efficiency for carriers, streamlining processes and helping to drive operational excellence. Backed by Triumph Financial’s leading digital payment solutions and C.H. Robinson’s unmatched scale, it…

View Article
https://www.ajot.com/images/uploads/article/auto_scheduler_marketing_asset_2.jpg
AutoScheduler.AI exhibits award-winning warehouse orchestration platform at Manifest
View Article
https://www.ajot.com/images/uploads/article/25-member-crew-of-the-Galaxy-Leader.png
Statement by IMO Secretary-General on the release of the crew of the Galaxy Leader
View Article
ODW Logistics launches International Shipping Solution through Partnership with Passport

Navigating the complexities of international shipping–including customs, duties, and tracking–can be a significant barrier to growth for many e-commerce businesses. By integrating Passport’s expertise in cross-border logistics, in-country enablement, tax…

View Article