Maersk Lifts Outlook As Wall Street Questions Whether Freight Tailwinds Can Last

Maersk Lifts Outlook As Wall Street Questions Whether Freight Tailwinds Can Last A.P. Moller-Maersk shares rose in Copenhagen trading after the world's second-largest container carrier surprised analysts by raising its full-year profit outlook, citing stronger-than-expected containerized demand, particularly across Asia. The upbeat guidance suggests the global container market has remained resilient despite earlier Hormuz-related chokepoint disruptions, with global shipping demand holding. The Danish shipping and logistics giant now expects global container volumes to grow about 4% this year, up from its prior forecast of 2% to 4%. It also lifted guidance...