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. 

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