World's Largest Shipper, Maersk, Expands Air Freight With Added Planes

3 weeks ago 19

By Associated Press
November 2, 2021

The institution announced it's buying 2 Boeing freight planes and leasing an further 3 cargo planes to adhd to its existent fleet of 15 planes.

The world's biggest shipping company, Denmark's A.P. Moeller-Maersk, is adding craft to its operations: 3 leased cargo planes to beryllium operational from 2022 and 2 Boeing craft to beryllium deployed by 2024.

The urgent request for much shipping capableness comes amid soaring user request for everything from cars to furnishings and labour shortages successful the rebounding economy, starring to large backups astatine ports and higher prices. The proviso concatenation issues person caused a shortage of cardinal equipment: shipping containers.

In a statement, Maersk said its cardinal water concern is present "expected to turn beneath the planetary instrumentality demand" amid uncertainty astir the proviso concatenation logjams.

Meanwhile, Maersk reported Tuesday a crisp emergence successful earning amid beardown worldwide request for shipments of goods arsenic the system bounces backmost from the pandemic.

The Copenhagen-based institution said gross grew astir 68% successful the 3rd quarter, to a record-high $16.6 billion, up from $9.9 cardinal successful the aforesaid three-month play past year. It reported profits of $5.5 billion, up from $947 cardinal successful the aforesaid play past year.

The institution besides announced its volition to get Senator International, a planetary freight forwarding institution with beardown aerial freight offerings.

Additional reporting by The Associated Press.