Transportation

Maersk Raises Guidance Again as Red Sea Attacks Boost Rates

  • Shipping line has now raised forecast four times in six months
  • Conflict reduces overcapacity in global container fleet

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A.P. Moller-Maersk A/S, a bellwether for global trade, increased its full-year guidance for a fourth time in less than six months, citing stronger demand and higher freight rates caused by supply chain disruptions from attacks in the Red Sea.