Supply chains adapting to rise of Chinese brands, not just tariffs, says Maersk chief
- Maersk chief executive Vincent Clerc said that despite talk about ‘de-globalisation’ the rise of Chinese consumer brands is accelerating exports from China
- US tariffs saw Maersk’s China-US box volumes drop by 35% in the second quarter but were offset by other trades
- Maersk’s Gemini collaboration has enabled more effective fleet capacity adjustments to take account of recent shifts in trade patterns
‘It would be a mistake to believe that supply chains will return to where they were,’ said Maersk chief executive Vincent Clerc
