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Danish Supply Chain Juggernaut Has A Great Year

Maersk profits

The Danish shipping conglomerate Maersk is setting records and the year is not over yet. As outlined by Axios:

Few have benefited from the tangled supply chain like Maersk, the globe’s biggest shipping company.

The company operates 20% of the world’s shipping containers, per the BBC — rates for which have skyrocketed.

The bottom line: Profits are already over four times (!!) higher than 2020, the company reported this week — and this year isn’t over yet. Maersk will expand air freight operations as companies turn to the sky as a way to get their goods (we wrote about that here).