FT: Maersk close to acquisitions to bulk up land-based logistics

The Financial Times writes:
AP Moller-Maersk is getting close to making a number of acquisitions to bulk up its land-based logistics business after the world’s largest container shipping group strengthened its balance sheet.
“The Danish group transports one-fifth of all seaborne freight but sells land-based logistic products to fewer than 20 per cent of its ocean customers, according to chief executive Soren Skou. “We need to accelerate the land side, we need to …

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Source: The Loadstar

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