Maersk Sees Global Container Market Growth Despite Trade War [Yahoo! Finance]
A.P MOLLER-MRS UNS/ADR (AMKBY)
NASDAQ:AMEX Investor Relations:
investor.maersk.com/investor-relations
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Source: Yahoo! Finance
3 min read In This Article AMKBY (Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here. Most Read from Bloomberg Citadel to Leave Namesake Chicago Tower as Employees Relocate State Farm Seeks Emergency California Rate Hike After Fires Transportation Memos Favor Places With Higher Birth and Marriage Rates San Francisco Wants Wealthy Donors to Help Fix Fentanyl Crisis NY Transit Advocate Says Billions in Tax Hikes Would Fix MTA A. P. Moller-Maersk A/S, a bellwether for world trade, forecast growth in the global container market as it sees consumer demand defying an intensifying trade war. The global container market will expand 4% this year, the Copenhagen-based company estimated in a statement on Thursday. That's after 6% growth last year, Chief Executive Officer Vincent Clerc said in an interview on Bloomberg TV. “Tariffs are one factor in a more complex equation — there's interest rates, there's forex, there's tax rates — th
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