Maersk Warns Of Recession

  • 2 years ago
Maersk ($AMKBY@Denmark), a Danish-based shipping container company, warned of a worldwide recession on Wednesday as it expects the demand for shipping containers to decrease between 2 and 4 percent. Shares of Maersk, which are seen as a barometer of economic health due to the company’s movement of goods around the world, have dropped 35 percent