History would indicate a sale of Damco

Maersk will either have to invest big-time in forwarding company Damco or divest it entirely, note observers pointing to a fragmented market with small margins and big changes ahead. The conglomerate's history seems to indicate a sale.

BY JOHANNES HARTKOPF-MIKKELSEN

Something needs to happen at Damco – the Maersk Group's freight forwarding company, which after a comprehensive turnaround has now started to turn a profit after years of disappointing results.

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