The company, part of the A.P. Moller-Maersk Group, has an objective to improve efficiency 15 percent within two years and Chief Executive Officer Kim Fejfer said that goal seems within reach.
“When larger and larger vessels are being deployed, the customers will have an increased appreciation of the value of having the fastest possible turnaround time in port. So we are well on our way to develop a true pitstop mentality – similar to what you see in a good race car team – in all our facilities,” Fejfer said.
Volumes handled by APM Terminals on an equity weighted basis grew 6 percent, ahead of market growth at 4 percent.
“I am pleased that we can present a stable financial performance in a year heavily influenced by global economic downturn, challenged shipping sector and softening of Asia/Europe trade. In my view, we have been successful in two aspects: Developing attractive propositions to our more than 60 global shipping line customers – and developing the right port facilities with a strategic focus on growth markets,” Fejfer said. – Chris Dupin
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now