Maersk, the world’s biggest container shipping line by market share, has announced the acquisition of Vandegrift Inc., a premier US-based customs house broker, as it looks to accelerate its logistics and service transformation.
In a statement, Maersk said Customs House Brokerage, which involves expertise in tariff rules and regulations, is a key component of its strategy to become an integrated container logistics and end-to-end solutions company.
Acquiring @VandegriftInc, a customs brokerage business, means we can offer significantly more Customs Broker expertise, capacity & solutions to help our customers succeed. https://t.co/aBOjmp4dW7 pic.twitter.com/olKWZRY7Py
— Maersk (@Maersk) February 12, 2019
The carrier insists the acquisition, of Vandegrift, a specialist in trade compliance, will enhance its commercial solutions pipeline and strengthen its logistic presence in the North American market.
However, it did not disclose any further details of the deal.
Klaus Rud Sejling, Head of Global Logistics and Services, Maersk, had this to say: “Customers have been asking us to simplify the complexity of their global supply chains and reduce their risk so we analyzed the North America market to see who had the best reputation in the brokerage/trade compliance industry and deliver immediate results to all vertical segments of our account base.
“Our findings identified Vandegrift’s top tier, professional service provider reputation, strong operating platform of services, stellar people and culture ideally fit our expectations and commercial approach as One Company.”