Disrupted Supply Chains Bring Profit Boost to Transport Giants
- Maersk says booming container market will lift Ebitda by 25%
- Kuehne + Nagel beat estimates, forecast bottlenecks for longer
Maersk expects to report a profit of about $30 billion this year.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
Disruptions in global trade flows are set to persist into the second part of the year, longer than previously expected, Danish transport giant A.P. Moller-Maersk A/S predicted.
Global supply-chain issues are flaring up again after Covid-19 lockdowns in China caused massive congestion at the Asian country’s ports. At the same time, Russia’s war in Ukraine and rising inflation are upending trade patterns, hampering container flows further.