Subscribe to our free, weekly email newsletter!


Damco to re-locate headquarters to The Hague, Netherlands

By Jeff Berman, Group News Editor
September 12, 2012

Damco, a global third-party logistics (3PL) and freight forwarding subsidiary of A.P. Moller-Maersk Group, announced this week that it is re-locating its headquarters from Copenhagen, Denmark to The Hague, Netherlands.

Company officials said the move should be completed during the first quarter of 2013, and they added that this move “brings Damco closer to the heart of the European logistics community and supports its strategy to become a Top 5 industry player.” And they also said that it will enable Damco to further optimize its cost structure, bringing it closer to the level of its primary competitors in the region.

In an interview with LM, Damco CEO Rolf Habben-Jansen said that the decision to move Damco HQ is a natural step in Damco’s overall development.

“The Hague was chosen after careful evaluation that took more than a year, because we consider it the best location when we take all factors into account: it is closer to the heart of the European logistics industry (our customers, carriers, transport hubs and talent pool), costs are lower, we have an established presence and good experience already with APM Terminals—and yet it is still close to Copenhagen and The Group,” he said.

The relocation to the Netherlands is not expected to affect day-to-day operations in any way, he explained.

When asked what the main benefits of this move are for Damco from a competitive perspective, Habben-Jansen explained how it will help Damco to be even more competitive and put Damco in the heart of the European logistics business.

“It brings senior management closer to many of our customers, carriers, the major air and ocean transportation hubs, not to mention the competition as well as and the kind of additional international logistics experience we’ll be looking to hire as we continue to grow,” he said.

Damco said the moving process will kick off towards the end of the fourth quarter and added there are about 150 positions in Damco’s Copenhagen headquarters, save for Except for about 75 positions that will remain in Copenhagen to continue handling IT functions.

About the Author

Jeff Berman headshot
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

In the third-party logistics (3PL) sector, the ongoing trend of merger and acquisition (M&A) activity never seems to take a break. That is apparent in recent weeks alone, with XPO Logistics recent acquisition of Norbert Dentressangle for $3.53 billion, Echo Global Logistics scooping up Command Transportation for $420 million, and Kuehne+Nagel buying ReTrans for an undisclosed sum.

During this webcast attendees will learn about technology that is delivering real-time tracking on freight and putting an end to the all too common question of “Where’s My Brokered Load?”. Whether you’re a broker, 3PL, shipper, or carrier, find out how you can gain automated, TMS-integrated visibility on all your shipments.

FedEx recently took another step in its plans to acquire Netherlands-based TNT-NV and a provider of mail and courier services and the fourth largest global parcel operator for $4.8 billion, which it announced in early April. The company said it has “submitted the required filing to the European Commission to obtain regulatory clearance in connection with the intended recommended public cash offer all issued and outstanding ordinary shares in the capital of TNT Express.”

The American Trucking Associations last week praised Senator Deb Fischer (R-Neb.) for her bill that takes some positive steps towards alleviating the current environment regarding the truck driver shortage.

Global third-party logistics (3PL) services provider Kuehne+Nagel (KN) said this week it has entered into an agreement to acquire ReTrans Inc., a Memphis-based provider of multimodal transportation services.

Article Topics

News · 3PL · Global Logistics · Maersk Line · Damco · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA