Maersk airline prepares to deploy first 777 freighters for peak season

News Snapshot:

Maersk continues to move ahead with plans to grow its air cargo business in 2024 even as many competitors pull back in the wake of a painful downturn, culminating with a milestone next quarter when Boeing expects to deliver the first two 777s for the airline operation. The developments underscore the strategic shift in recent years of Danish shipping power A.P. Moller-Maersk (CSE: MAERSK) into an integrated logistics provider that can provide customers a full menu of supply chain and freight transportation services tailored to their specific needs. Maersk Air Cargo in April opened a 90,000-square-foot airfreight station about 20...