Maersk CEO Wants Half Its Earnings To Come From Inland Logistics

Capt. John
  • In a strategic shift, A.P. Moller-Maersk AS plans to invest in warehouses, container terminals and customs brokerage firms to boost its logistics-services capabilities.
  • The company has disposed of its oil and tanker businesses to focus on container shipping that provides transportation and logistics services.
  • France’s CMA CGM SA, the world’s fourth-largest container ship operator, this year bought Switzerland-based freight services provider Ceva Logistics AG for $1.7 billion.

According to an...

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