Friday, August 27, 2004

Maersk raises profit forecasts

World's largest shipping company seeing profit increases thanks to china trade. Maersk raised its profit forecasts for this year, largely based on increased demand for Chinese exports. Maersk is a great company to work with, whether you're big or small, a newcomer or oldtimer. You definitely pay a premium, but its often worth it to deal with competent people who are responsive when you have to get goods to market quickly. They'll also provide 3rd party warehousing in some ports.