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Shipping Firm Maersk Expects Supply-Chain Snarls to Ease This Year

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Shipping Firm Maersk Expects Supply-Chain Snarls to Ease This Year – WSJ

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Danish box-ship company buys Pilot Freight Services for $1.68 billion to expand its inland business and services in U.S.

The Covid pandemic has strained global supply chains, causing freight backlogs that have driven up costs. Now, some companies are looking for longer-term solutions to prepare for future supply-chain crises, even if those strategies come at a high cost. Photo Illustration: Jacob Reynolds Updated Feb. 9, 2022 10:23 am ET

Danish container-ship company A.P. Moller-Maersk A/S said it expects supply-chain bottlenecks to last until June and sealed a $1.68 billion deal to help shore up its inland-distribution business.

Maersk, which moves 17% of the world’s shipping containers on its vessels, said Wednesday that the buyout of U.S.-based Pilot Freight Services will bolster its ability to move big and bulky freight in North America. Pilot operates a network of 87 inland hubs and works with third-party trucking providers to move freight to customers.

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