News / 'Strong' Q3 for Maersk as it prepares for alliance launch – but no bid for GXO

© Joreks

Maersk has ruled out bidding for GXO, as it revealed strong Q3 earnings this morning. It also predicted little to no disruption for customers as it rolls out the Gemini network next year.

The group finished the quarter (see charts below for more detail) with ebitda of $4.8bn and ebit of $3.3bn, “which on a year-to-date basis, puts us more or less on the same level as last year”, said CEO Vincent Clerc in an earnings call with investors.

“Compared with last ...