Maersk Q1 2024 results show revenue decrease
NewsMaersk’s Q1 revenue decreased by US$1.9 billion, mainly from Ocean, while the Logistics & Services and Terminals businesses saw increases of US$33m and US$123m respectively.
Maersk says its current multi-brand strategy does not fit its “integrated logistics offering”. As it moves to a single, unified Maersk brand the company intends to retire all acquired brands, including Hamburg Süd, Sealand and a host of others.
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