Costs weigh on Maersk, but carrier reiterates 2018 profit guidance

Costs weigh on Maersk, but carrier reiterates 2018 profit guidance

Amid what the company called challenging market conditions, Maersk’s CEO said the first-quarter performance was “unsatisfactory," but the report was not without its positives; the company underscored that it has implemented initiatives to improve profitability and reiterated its 2018 earnings guidance.