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A.P. Moller – Maersk reports record earnings and continued growth momentum in logistics in Q2 hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Continued growth, high profit and additional share buy backs from A.P. Moller - Maersk A.P. Moller - Maersk had an exceptionally strong start to the year, with strong earnings and growth momentum across all our businesses in ocean, port services and logistics. The company benefitted from strong demand in a market still influenced by the pandemic and significant disruptions in global supply chains. Strong demand coupled with significant operational challenges such as bottlenecks, lack of capacity and equipment shortage in global supply chains drove freight rates up significantly. At the same time, customers’ demand for truly integrated supply chains and simple, self-service solutions has never been more evident and this provides momentum, especially for logistics and digital solutions. ....
Continued growth, high profit and additional share buy backs from A.P. Moller – Maersk in Q1 2021 A.P. Moller – Maersk had an exceptionally strong start to the year, with strong earnings and growth momentum across all our businesses in ocean, port services and logistics. The company benefitted from strong demand in a market still influenced by the pandemic and significant disruptions in global supply chains. Strong demand coupled with significant operational challenges such as bottlenecks, lack of capacity and equipment shortage in global supply chains drove freight rates up significantly. At the same time, customers’ demand for truly integrated supply chains and simple, self-service solutions has never been more evident and this provides momentum, especially for logistics and digital solutions. ....
In the many months after the Connecticut Port Authority imploded with scandal, I watched with some chagrin as eastern Connecticut lawmakers did little to intervene. The greatest, most lasting injustice of the mismanagement at the port authority was turning the state-owned State Pier, the heart of the historic deepwater port of New London, over to its private competitor in New Haven. The awarding of the contract for managing the port in New London to the politically connected Gateway Terminals of New Haven essentially led almost immediately to the closure of the state s port, the loss of dozens of longshoremen jobs and a near-death blow to the supplier of eastern Connecticut road salt, a direct Gateway competitor. ....