Mr. Skou said the strategy should help insulate Maersk from the boom-and-bust cycles of the container industry.
“Our strategy is not to gain market share in ocean,” Mr. Skou said.
“When the customers themselves suffer from the effects of economic decline, volume can’t be conjured out of the thin air,” Mr. Skou said.
He said the company is trying with its logistics investments “to break away from the cyclicality of the shipping industry and the commoditized nature of traditional container shipping.
“We are well on the way towards a significant market position in the logistics industry,” Mr. Skou said.
Organizations:
& $