Particularly striking in the reams of words Maersk issued today is the absence of mention of its air cargo division.
Its 127-page report and 35-page investor presentation barely refer to the growing air cargo operation.
That is in part, because it has folded air cargo, (much like CMA CGM has) into an ‘other’ division, Logistics & Services, which comprises “integrated transportation, fulfilment and management solutions”, that include land and air, as well …
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