Amid 2020’s supply-chain disruptions-clogged ports, limited flights, and sick and quarantined workers – this Danish logistics company, which has the greatest sea-cargo capacity in the world, still managed to ship almost 13 million containers filled with PPE, exercise equipment, work-from-home essentials and more. Lined up, the 40-ft. containers would circle the earth nearly four times.
Those moves (coupled with average freight rates increasing by 18%) helped Maersks ocean sector hit record-high gross revenue, raking in $2.7 billion in the fourth quarter alone. On top of that, the company says it will use its refrigerated fleet to help distribute vaccines globally.
Read the article here: Maersk Shipping the world’s stuff
Source: TIME Magazine