New Markets
Tuesday, 6/30, 05:44 PM
Maersk Lifts Its Profit Forecast as Shipping Rates Stay High
- Shipping giant Maersk sharply raised its 2026 profit outlook — to $8–10 billion in core earnings, up from $4.5–7 billion — as freight rates stay elevated.
- The drivers: ships rerouting around the Red Sea, and US importers rushing goods in ahead of tariffs.
- Both are tailwinds that may not last.