Deal to add big and bulky first, middle and last mile logistics to its landside transportation offerings
AP Moller-Maersk recently announced the intended acquisition of Pilot Freight Services (Pilot), a leading US-based first, middle and last mile as well as border crossing solutions provider, specializing in the big and bulky freight segment in North America for B2C and B2B distribution models.
With the intended acquisition of Pilot, Maersk will extend its integrated logistics offering deeper into the supply chain of its customers. It will complement the earlier acquisitions already made to provide integrated logistics solutions in North America, especially with Performance Team (PT) (B2B warehousing and distribution) and Visible SCM (e-commerce warehousing and parcel distribution).
Pilot will be adding specific new services within the fast growing big and bulky e-commerce segment, thus increasing cross-selling opportunities. It will also create significant cost synergies by leveraging capabilities across the different parts of service solutions.
“The move will open significant cost synergy opportunities by leveraging the capabilities we have already developed in the network,” says Vincent Clerc, CEO, Ocean & Logistics, AP Moller-Maersk.
“By investing in first mile, middle mile and last middle and integrating them we meet a clear customer demand. We look forward to welcoming the Pilot team aboard the Maersk family,” said Narin Phol, Regional Managing Director, Maersk North America. “This is the ideal outcome for our customers, company and employees who will be able to tap into the ambitious transformation of simplifying and integrating global supply chains which will enable us to perform on a larger stage,” remarked Zach Pollock, CEO, Pilot Freight Services.
Want to stay updated on the latest industry news and trends? Subscribe today to receive your monthly news highlights directly in your inbox!