{"id":125218,"date":"2022-02-09T23:41:37","date_gmt":"2022-02-09T23:41:37","guid":{"rendered":"https:\/\/fin2me.com\/?p=125218"},"modified":"2022-02-09T23:41:37","modified_gmt":"2022-02-09T23:41:37","slug":"maersk-ceo-we-need-more-labor-in-the-ports","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/maersk-ceo-we-need-more-labor-in-the-ports\/","title":{"rendered":"Maersk CEO: We need more labor in the ports"},"content":{"rendered":"<p><cite>London (CNN Business)<\/cite>Maersk has a front-row seat to global supply chains. It says more trouble is ahead.<\/p>\n<p>The supply chain issues that have walloped the global economy and spurred inflation during the coronavirus pandemic are not getting much better, Maersk CEO S\u00f8ren Skou told CNN Business on Wednesday.<br \/>\n&#8220;Right now the situation does not appear to be getting significantly better,&#8221; Skou told Alison Kosik on First Move. &#8220;I wish I could say that things are getting better, but right now there&#8217;s nothing in the numbers to suggest so.&#8221;<\/p>\n<ul><\/ul>\n<p>Demand for goods remains strong and &#8220;global trade is actually constrained by the shipping capacity that&#8217;s available,&#8221; said the CEO of the world&#8217;s largest container shipping company. <\/p>\n<ul><\/ul>\n<p>A shortage of labor is causing problems at ports including on the West Coast of the United States. There are not enough crane operators to unload ships and not enough truckers and warehouse workers to move goods, he said.<\/p>\n<p>&#8220;We still see this long queue in the US, particularly in Los Angeles, not really moving, only very slowly,&#8221; said Skou.<br \/>\nThe CEO expressed hope that conditions could improve as Covid restrictions are lifted and fewer people become sick, saying there could be a recovery in the &#8220;next few quarters.&#8221;<br \/>\nSupply chain issues have pushed the cost of some goods higher, contributing to inflation that is now forcing central banks around the world to roll back stimulus measures and hike interest rates.<\/p>\n<ul><\/ul>\n<p>In &#8220;unprecedented&#8221; financial results released on Wednesday, Maersk said that its shipping business would have a strong first half of 2022, with a &#8220;normalization&#8221; expected in the second half of the year.<br \/>\nThe company said that revenue increased by more than 50% to $61.8 billion in 2021. Profits surged by $15.5 billion to $19.7 billion.<br \/>\nSource: <a href=\"https:\/\/edition.cnn.com\/2022\/02\/09\/business\/maersk\/index.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>London (CNN Business)Maersk has a front-row seat to global supply chains. It says more trouble is ahead. The supply chain issues that have walloped the [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":125217,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Maersk CEO: We need more labor in the ports - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/business\/maersk-ceo-we-need-more-labor-in-the-ports\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Maersk CEO: We need more labor in the ports - Fin2me\" \/>\n<meta property=\"og:description\" content=\"London (CNN Business)Maersk has a front-row seat to global supply chains. It says more trouble is ahead. The supply chain issues that have walloped the [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fin2me.com\/business\/maersk-ceo-we-need-more-labor-in-the-ports\/\" \/>\n<meta property=\"og:site_name\" content=\"Fin2me\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-09T23:41:37+00:00\" \/>\n<meta name=\"author\" content=\"Mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/fin2me.com\/wp-content\/uploads\/2022\/02\/Maersk-CEO-We-need-more-labor-in-the-ports.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fin2me.com\/business\/maersk-ceo-we-need-more-labor-in-the-ports\/\",\"url\":\"https:\/\/fin2me.com\/business\/maersk-ceo-we-need-more-labor-in-the-ports\/\",\"name\":\"Maersk CEO: We need more labor in the ports - Fin2me\",\"isPartOf\":{\"@id\":\"https:\/\/fin2me.com\/#website\"},\"datePublished\":\"2022-02-09T23:41:37+00:00\",\"dateModified\":\"2022-02-09T23:41:37+00:00\",\"author\":{\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/fin2me.com\/business\/maersk-ceo-we-need-more-labor-in-the-ports\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fin2me.com\/business\/maersk-ceo-we-need-more-labor-in-the-ports\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fin2me.com\/business\/maersk-ceo-we-need-more-labor-in-the-ports\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fin2me.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business\",\"item\":\"https:\/\/fin2me.com\/category\/business\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Maersk CEO: We need more labor in the ports\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fin2me.com\/#website\",\"url\":\"https:\/\/fin2me.com\/\",\"name\":\"Fin2me\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fin2me.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"Mark\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"caption\":\"Mark\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Maersk CEO: We need more labor in the ports - Fin2me","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fin2me.com\/business\/maersk-ceo-we-need-more-labor-in-the-ports\/","og_locale":"en_US","og_type":"article","og_title":"Maersk CEO: We need more labor in the ports - Fin2me","og_description":"London (CNN Business)Maersk has a front-row seat to global supply chains. It says more trouble is ahead. The supply chain issues that have walloped the [...]","og_url":"https:\/\/fin2me.com\/business\/maersk-ceo-we-need-more-labor-in-the-ports\/","og_site_name":"Fin2me","article_published_time":"2022-02-09T23:41:37+00:00","author":"Mark","twitter_card":"summary_large_image","twitter_image":"https:\/\/fin2me.com\/wp-content\/uploads\/2022\/02\/Maersk-CEO-We-need-more-labor-in-the-ports.jpg","twitter_misc":{"Written by":"Mark","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/fin2me.com\/business\/maersk-ceo-we-need-more-labor-in-the-ports\/","url":"https:\/\/fin2me.com\/business\/maersk-ceo-we-need-more-labor-in-the-ports\/","name":"Maersk CEO: We need more labor in the ports - Fin2me","isPartOf":{"@id":"https:\/\/fin2me.com\/#website"},"datePublished":"2022-02-09T23:41:37+00:00","dateModified":"2022-02-09T23:41:37+00:00","author":{"@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/fin2me.com\/business\/maersk-ceo-we-need-more-labor-in-the-ports\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fin2me.com\/business\/maersk-ceo-we-need-more-labor-in-the-ports\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fin2me.com\/business\/maersk-ceo-we-need-more-labor-in-the-ports\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fin2me.com\/"},{"@type":"ListItem","position":2,"name":"Business","item":"https:\/\/fin2me.com\/category\/business\/"},{"@type":"ListItem","position":3,"name":"Maersk CEO: We need more labor in the ports"}]},{"@type":"WebSite","@id":"https:\/\/fin2me.com\/#website","url":"https:\/\/fin2me.com\/","name":"Fin2me","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fin2me.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"Mark","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fin2me.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","caption":"Mark"}}]}},"_links":{"self":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/125218"}],"collection":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/comments?post=125218"}],"version-history":[{"count":0,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/125218\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media\/125217"}],"wp:attachment":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media?parent=125218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/categories?post=125218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/tags?post=125218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}