According to the promotional material posted on their websites, the two companies will offer six weekly services between North America and Asia, five weekly services between North America and Europe, and 11 weekly services between Europe and Asia. In addition, Maersk said it will also offer a service, the TA4, between Canada and North Europe that will not be a part of the 2M agreement with MSC.
The 2M agreement, announced earlier this year, is a scaled-back agreement of a three-way alliance that Maersk and MSC had proposed entering into with France’s CMA CGM. That tripartite alliance was dropped after objections were raised by Chinese regulators, in part because of the large market share it would have created, along with its proposed vessel-operations center.
Maersk said in a brochure that 2M will “allow for higher economies of scale and are able to increase port coverage and frequency.” But it also said that its East-West network “will be monitored through a joint coordination center. This center is a crucial component of our product offering, as it will continue to uphold Maersk Line’s commitment to innovation by vigilantly monitoring operational execution, ensuring joint working procedures are followed in the best interest of our customers.”
Maersk said, “The joint coordination center will monitor the network on a daily basis with maintenance of joint working procedures. That said, all ownership, marine operations, operational decisions as well as commercial activities remain with each respective carrier. Meaning, the ocean product will run in a uniform manner, but the service you have come to count on from our people remains unique to us.”
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.
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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