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Maersk considers ceding reefer market share

Trade & Trends

Wednesday, September 26, 2012

Maersk Line seems ready to lose market share in the refrigerated container market if that’s what’s required to drag rate levels higher. The carrier’s Chief Executive Officer Soren Skou on Tuesday announced the line will raise rates by an average of 30 percent on reefer shipments from Jan. 1. The news, delivered during a keynote at the Cool Logistics conference in Antwerp, was reportedly met with stunned silence by the audience. The aggressive rate hikes, coupled with ...

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