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Jun 17, 2023

Supply Chain Latest: Global Shipping Slowdown

Bryce Baschuk Subscriber Benefit Subscribe Shipping giant Maersk expects leaner

Bryce Baschuk

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Shipping giant Maersk expects leaner days ahead following a historically profitable period for the container shipping industry.

The world's second-largest shipping company just reported a 56% decline in first-quarter operating profit and warned of weaker results for the rest of 2023.