Mærsk Line shoots to the bottom of earnings/teu league
Carriers’ unit earnings tell the story
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© Libux77
| Dreamstime.com
It doesn’t matter in business how many times you repeat the same task over and over, if it successfully leads to a ton of value creation.
Enter skyrocketing, anti-cyclical $5.1bn-market-cap niche carrier Matson (MATX).
The Honolulu-based, US domestic and transpacific premium box line reported last week stunning operating figures that weren’t just good in Ocean…
… but also shone in non-core Logistics.
Talking of which, briefly: supply chain management services benefited from similar market conditions to those of China services in Ocean, we were ...
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