U.S. inventories not worrisome, Maersk CEO says
This is a U.S. news story, published by CNBC, that relates primarily to Vincent Clerc news.
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container demandCNBC
•No sign of U.S. recession in freight demand, CEO of shipping giant Maersk says
81% Informative
Maersk CEO Vincent Clerc says U.S. inventories "are not at a level that is worrisome or that seems to indicate a significant slowdown right in the offing" Chinese exports have helped drive overall container demand in the most recent quarter , Clerc said.
The Danish shipping giant reported a decline in year-on-year underlying profit to $623 million from $1.346 billion in the second quarter .
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