Thursday, August 21, 2014, 12:10 PM

Container Shipping Rise Bodes Well for World Trade

COPENHAGEN, Denmark - The world's largest shipping company and big player on the Charleston waterfront says it is sending more containers around the world, a sign that global trade - and possibly economic growth - is picking up.

A.P. Moller-Maersk, which investors monitor as a bellwether for world trade, on Tuesday lifted its earnings outlook on the back of an increase in freight volumes, a promising development at a time when a major economy like China is slowing and much of Europe remains stagnant.

Read more at the The Post & Courier...

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