US EditionMaersk Cites “Increasingly Volatile Environment” Lowering Volume Forecast
- Maersk has revised its expectations for the global container market in 2025, now anticipating volume changes anywhere from a 1% decrease to a 4% increase, reflecting the uncertain and volatile economic environment.
- The revision reflects rising macroeconomic and geopolitical uncertainties, including evolving trade policies and recession risks in the United States.
- Despite stable first-quarter volumes and a strong $2.71 billion EBITDA, Maersk and peers like Hapag-Lloyd report shipment cancellations and anticipate ongoing disruption in the Red Sea.
- CEO Vincent Clerc highlighted that global supply chains have regained significant attention amid rising trade tensions, stressing the importance of advancing automation, controlling costs, and preparing for continued uncertainty.
- Maersk expects possible demand contraction later in 2025 if tariffs persist, though a trade rebound may occur if tariffs roll back, suggesting continued market volatility ahead.
18 Articles
18 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…
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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.
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