A Maersk cargo jet, flying under the brand name Star Air.Star Air
Key Takeaways:
Ocean shipping giant Maersk is significantly expanding its air freight operations by acquiring German freight forwarder Senator International for $644 million.
This expansion includes investments in new cargo aircraft, such as two Boeing 777s and leased 767s, to bolster its Star Air subsidiary and double its air cargo volume.
The move aligns with Maersk's strategy to diversify beyond volatile ocean freight, becoming an integrated logistics provider offering end-to-end solutions and increasing supply chain resilience.
Editor’s Note: This article originally appeared on FreightWaves.com.
Ocean shipping giant A.P. Møller – Maersk on Tuesday further expanded into the air freight market with the planned acquisition of German freight forwarder Senator International and investments in new cargo aircraft, including two new factory-direct Boeing 777s.
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Eric is the Air Cargo Market Editor at FreightWaves. An award-winning business journalist with extensive experience covering the logistics sector, Eric spent nearly two years as the Washington, D.C., correspondent for Automotive News, where he focused on regulatory and policy issues surrounding autonomous vehicles, mobility, fuel economy and safety. He has won two regional Gold Medals from the American Society of Business Publication Editors for government coverage and news analysis, and was voted best for feature writing and commentary in the Trade/Newsletter category by the D.C. Chapter of the Society of Professional Journalists. As associate editor at American Shipper Magazine for more than a decade, he wrote about trade, freight transportation and supply chains. Eric is based in Portland, Oregon. He can be reached for comments and tips at ekulisch@freightwaves.com
