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A "radically changed business environment." That's the standout phrase from the earnings report for the shipping giant Maersk, whose operating profits in the last quarter fell by over two-thirds. While the results weren't as bad as many expected, they came with a warning of weaker numbers perhaps to come -- all this as industry capacity is increasing just as demand is changing course. Joining Julia to discuss is Maersk CEO Vincent Clerc.
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By CNNI3.3
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A "radically changed business environment." That's the standout phrase from the earnings report for the shipping giant Maersk, whose operating profits in the last quarter fell by over two-thirds. While the results weren't as bad as many expected, they came with a warning of weaker numbers perhaps to come -- all this as industry capacity is increasing just as demand is changing course. Joining Julia to discuss is Maersk CEO Vincent Clerc.
To learn more about how CNN protects listener privacy, visit cnn.com/privacy
Learn more about your ad choices. Visit podcastchoices.com/adchoices

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