Tag "Moller-Maersk"

Maersk CEO Expects ‘Modest’ Pick-Up In Trade For Holiday Season

.P. Moller-Maersk’s chief executive said he expects a “modest” pick-up in trade for the upcoming holidays this year amid concerns about the slowing global economy and consumer demand. “Volumes headed into...

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The shipping giant made huge profits with fewer containers

Profits of Danish shipping and logistics giant Moller-Maersk jumped in the third quarter, due to a significant increase in transportation costs and a decrease in the number of containers shipped,...

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