Maersk Says Container Demand Depends on US-China Deal

Capt. John
  • A.P. Moller-Maersk has adjusted its container volume forecast for the year, now projecting a range from a 1% decline to a 4% increase, down from an earlier estimate of a 4% increase.
  • The company’s revised forecast is influenced by the uncertain outcome of trade negotiations between the U.S. and China, particularly the impact of 145% tariffs on China.
  • Maersk sees potential for volume growth in the second quarter, as shippers may frontload shipments to take advantage of a 90-day tariff pause.

A.P...

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