Transportation
Maersk Raises Outlook on Back of Resilient Demand Outside US
Maersk controls about 14% of the world’s container fleet.
Photographer: Bing Guan/BloombergA. P. Moller-Maersk A/S, a bellwether for world trade, raised its financial outlook for 2025 saying demand outside North America was proving resilient even amid concerns over a trade war.
The global container market will expand 2% to 4% this year, the Copenhagen-based company said on Thursday. That compares with a previous forecast of a range between a contraction of 1% and an expansion of 4%.