Maersk, IBM Pull TradeLens Plug
December 1, 2022
Maersk and IBM made the decision to withdraw the TradeLens offerings and discontinue the platform.
Rotem Hershko, Head of Business Platforms at A.P. Moller - Maersk said,"TradeLens was founded on the bold vision to make a leap in global supply chain digitization as an open and neutral industry platform. Unfortunately, while we successfully developed a viable platform, the need for full global industry collaboration has not been achieved. As a result, TradeLens has not reached the level of commercial viability necessary to continue work and meet the financial expectations as an independent business."
Starting today, the TradeLens team is taking action to withdraw the offerings
and discontinue the platform, and the intent is that the platform will go
offline by end of quarter one, 2023. During this process all parties involved
will ensure that customers are attended to without disruptions to their