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 capabilities through the $644 million acquisition of German freight forwarder Senator International and direct investments in new cargo aircraft, including two Boeing 777s.
This strategic move aims to diversify Maersk's services beyond volatile ocean freight, positioning it as a comprehensive "logistics supermarket" offering integrated, end-to-end supply chain solutions.
The acquisition will double Maersk's air cargo volume and, combined with the expansion of its Star Air fleet, increase its owned and controlled capacity for greater resilience against supply chain disruptions.
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
