Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers
Forwarders are “allowing the fox into the chicken run” by supporting carriers that also work ...
AP Møller-Maersk’s container business was once again the group’s star performer at the half-year, contributing $1bn of the overall $2.4bn underlying profit, further distancing itself from its competitors, many of which are still struggling to break even.
After recording $454m in the first three months, Maersk Line added further profit of $547m in the second quarter of the year, which represented the seventh consecutive quarter when the carrier had an EBIT margin of more than 5% above its industry rivals.
As a ...
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