US EditionMaersk Cites “Increasingly Volatile Environment” Lowering Volume Forecast
- Under Vincent Clerc’s leadership, Maersk revised its projections for the global container market in 2025, now anticipating growth between a 1% decrease and a 4% increase, reflecting heightened uncertainty.
- The revision reflects rising macroeconomic and geopolitical uncertainty, including evolving trade policies and increasing US recession risks shaping the outlook.
- Maersk reported a strong Q1 with stable volumes and profits of $1.9 billion in the ocean segment, while noting 30% of China-US shipments were cancelled in April.
- CEO Clerc stated the trade war mainly impacts China-US flows and warned that tariff-induced volatility could continue, adding they will focus on automation and cost control.
- Maersk expects Q2 growth if shippers use a tariff pause to build inventories but warned demand might contract later unless trade tensions ease and tariffs roll back.
20 Articles
20 Articles
Maersk Cites “Increasingly Volatile Environment” Lowering Volume Forecast
Maersk, the largest publicly-traded container carrier and logistics company, cited the “increasingly volatile environment,” telling investors that it expects volume growth in the global container market will slow and possibly even be negative in 2025. The carrier reported, however, a strong start for the first quarter of 2025, which it expects to carry into the second quarter as customers build inventories before the full effect of the tariff wa…
Global growth bellwethers Maersk and Toyota lower guidance on tariff impact
Danish shipping and logistics giant A.P. Moeller-Maersk and Japanese auto giant Toyota each sounded the alarm on tariffs on Thursday as both lowered their guidance. Article Attribution | Read More at Article Source The post Global growth bellwethers Maersk and Toyota lower guidance on tariff impact appeared first on RocketNews.
Coverage Details
Bias Distribution
- 60% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
