On the wires: Søren Toft, MSC steal Maersk’s thunder in November rain 

“While the global container demand, as expected, was lower in Q3 due to weaker growth in the global economy, AP Moller-Maersk continued to improve the operating results. We delivered strong free cash flow and a return on invested capital of 6.4% as a result of strong operational performance in Ocean, higher margins in Terminals and solid earnings progress in Logistics & Services.” – Søren Skou, CEO of AP Møller-Mærsk (APMM), 15 November. 
Sadly, …

The post On the wires: Søren Toft, MSC steal Maersk’s thunder in November rain  appeared first on The Loadstar.

Source: The Loadstar

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