Maersk Strengthens Trade and Customs Consulting Services to Support Shippers’ Compliance Efforts

In recent years, compliance has become increasingly important in international trade.

Amidst this trend, Maersk, a global shipping company, has announced plans to enhance its trade and customs consulting services.

This blog delves into the details of this development.

Maersk’s New Initiative

While Maersk is primarily known as a global logistics company, it has recently focused on expanding its trade and customs consulting services.

On September 5, the company held Japan’s first-ever Trade and Customs Forum, sharing valuable insights on new regulations and compliance measures with industry participants.

The Rise of Compliance in Business

Today, businesses are moving away from the old perception that logistics is simply a cost.

New regulations, such as the U.S. Uyghur Forced Labor Prevention Act and the EU’s Forest Protection Regulation, are being introduced, and large corporations are especially pressured to comply with these rules.

Strong Support Through Public-Private Partnerships

Maersk has built a strong support system through public-private partnerships.

Leveraging its global network, Maersk is uniquely positioned to provide consulting services that help businesses comply with regulations across different countries.

Impact on Small and Medium-Sized Enterprises (SMEs) and Future Prospects

While Maersk primarily targets large corporations with its consulting services, this initiative holds valuable lessons for small and medium-sized enterprises (SMEs) as well.

Paid trade and customs consulting services may become more commonplace in the future, potentially reshaping the revenue structure of the entire industry.

Conclusion

Maersk’s enhanced trade and customs consulting services will be instrumental in helping businesses navigate the growing complexity of compliance regulations, offering critical support to both large corporations and SMEs alike.