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Maersk E-commerce Logistics targets $600 bn US e-com market

05 Apr '22

2 min read

Pic: Maersk

Following Maersk’s series of acquisitions to incorporate e-commerce capabilities into the company’s business model with emphasis on business-to-customer (B2C) and business-to-business (B2B) e-fulfilment in 2021, Maersk has recently announced that its E-commerce Logistics unit will be leading its foray into the $600 billion US e-commerce market.

The Maersk E-commerce Logistics operates a network of over 70 e-fulfilment centres that have the scale and infrastructure to deliver to 75 per cent of the US population within 24 hours and 95 per cent within 48 hours, the company said in a media release.

The Maersk E-commerce Logistics platform encompasses an end-to-end management tool from source to the final destination, including shipments, inventory, parcel spends, order pipeline and invoicing. Maersk’s e-commerce footprint was expanded with the acquisition of Visible Supply Chain Management in the US, two e-commerce companies in Europe, B2C Europe and HUUB, and LF Logistics in Asia.

The company is also adding sustainable landside transportation solutions in the US, including the recent order for 300 electrical trucks, the media release added.

“Our fulfilment network is designed to bring B2C expertise and scale to Maersk customers with direct-to-consumer fulfilment, parcel delivery and supply chain visibility in an end-to-end offering. By making e-commerce supply chains easier and more robust we can deliver factory-to-sofa service,” Casey Adams, head of Maersk E-commerce Logistics in North America, said.

Fibre2Fashion News Desk (SF)

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