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How Maersk’s Purchase of Performance Team Strengthens US Logistics and Fulfillment

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A.P. Moller-Maersk, one of the world’s largest ocean freight carriers, has reached an agreement to acquire Performance Team, a U.S.-based warehousing and distribution company, for $545 million, including 16 lease liabilities of around $225 million. The purchase strengthens Maersk’s capabilities as an integrated container logistics company, offering end-to-end supply chain solutions to its customers. As…

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