Surprised to see steady increase in recent years. What are the 2019 numbers? 2020 and 2021 are the pandemic years, and Maersk should've been one of the most heavily impacted companies in the early months.
It appears they have executed a strategy to become a vertically integrated end-to-end logistics company rather than just a container shipping company. Profits during the pandemic allowed them to accelerate the change.
Maersk went hard into the 3PL and fulfillment business, includimg hiring quite a few people from Amazon. They are in a quite interesting position for that.
