Maersk Logistics announced on July 9, 2007 that they have integrated the Dutch freight forwarding company Damco Sea & Air with Maersk Logistics forwarding activities. The combined business will trade under the new Damco name.
Both companies have a long history of offering customers ocean freight, air freight, and land-based services such as trucking, customs clearance and document management.
The new Damco organisation will continue to provide freight forwarding services to current and new customers through a global network of local branch offices with local staff who understand the local market conditions best.
Morten Engelstoft, Chief Executive for Maersk in South-east Asia said: “Damco Sea & Air and Maersk Logistics forwarding activities are well recognised for the customised service solutions they provide. The combined strengths of both companies under the new Damco organisation will now go an even longer way towards ensuring quality and customer service. The new organisation also includes a larger network of wholly owned offices in South-east Asia, with each country providing stronger, more direct support to local customers.”
In SEA, Damco will have 26 offices in seven countries, with further potential expansion plans. Damco will also be employing more than 400 full-time staff in SEA.Worldwide the new Damco organisation will have about 3,600 colleagues in over 90 countries.
Maersk Logistics, part of the A.P. Moller – Maersk Group, acquired Damco Sea & Air in 2005 in connection with the acquisition of P&O Nedlloyd. Damco Sea & Air was the forwarding arm of P&O Nedlloyd and was established in 1988 but operated independently through both wholly owned offices and a network of third party agents.
In addition to air freight forwarding and land-based services, Maersk Logistics has also been providing ocean freight forwarding services under the DSL Star Express name since 2001. Maersk Logistics air freight, land-based services and DSL Star Express, together with Damco Sea & Air now form the new Damco organisation, effective July 2007.
