Logistics

Maersk lags behind CMA CGM in push to grow logistics business

CMA CGM is earning more money on land, while Maersk continues to struggle. Maersk could change strategy if it buys DB Schenker, says analyst.
In 2016, Maersk decided to sell its oil business and instead become a pure transportation group that can handle freight all the way from the factory to the end user. As a result, the company now has a growing business on land. | Photo: Jon Nazca/Reuters/Ritzau Scanpix
In 2016, Maersk decided to sell its oil business and instead become a pure transportation group that can handle freight all the way from the factory to the end user. As a result, the company now has a growing business on land. | Photo: Jon Nazca/Reuters/Ritzau Scanpix
by DAG HOLMSTAD

Maersk is struggling with the strategically important logistics business when the Danish shipping group’s results are compared to French rival CMA CGM.

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