- Leading global logistics service provider DB Schenker approved a Stability Package for customers of its competitor Damco.
- Intended for affected companies, the package includes an offer to take over short-term service agreements of up to two months’ contract period for the same conditions as agreed with Damco.
- With the Stability Package, DB Schenker responds to market unrest following an announcement of Maersk to discontinue the Damco brand and its FCL NVOCC business.
Leading global logistics service provider DB Schenker, in their press release, announced a ‘Stability Package‘ for Damco customers that would take over short-term service agreements of up to two months’ contract period for the same conditions as agreed with Damco.
New ‘Stability Package’
The new ‘Stability Package‘ is in response to market unrest following the A.P. Moeller-Maersk announcement to discontinue the Damco brand and its FCL (NVOCC) business.
“Stable conditions promise stable supply chains and that is what DB Schenker stands for,” said Thorsten Meincke, Member of the Management Board for Air and Ocean Freight at DB Schenker.
He added, “The last thing shippers need at present is further uncertainty. We are making an offer to all those who are now looking for long-term security and reliability.”
Prioritized quotes at competitive rates
Daniel Bergman, DB Schenker Chief Commercial Officer, Region Americas said, “With our global footprint and operational excellence, we can offer ocean solutions in these changing and challenging times.”
“For companies in longer-term Damco agreements, we can provide prioritized quotes quickly at very competitive rates. Our customer advisors are standing by to help Damco customers wanting to take advantage of this special program,” he concuded.
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Source: DB Schenker