The world's biggest shipping company warns that the global trade slump is probably here to stay in 2020

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Maersk is seen as a bellwether for global trade, given that it handles about 20% of all consumer goods shipped.

Maersk, the world's biggest container-shipping company, is sounding the alarm on global trade in 2020. In its latest earnings report, the Danish company said that trade wars and Brexit"softened" global trade. "The continued weakening of global sentiment, above all in the manufacturing sector, reduces the likelihood of a growth pick-up in 2020." View Business Insider's homepage for more stories.

Maersk, the world's biggest container-shipping company, is sounding the alarm on global trade in 2020. In its latest earnings report, the Danish company said that trade wars and Brexit"softened" global trade. "The continued weakening of global sentiment, above all in the manufacturing sector, reduces the likelihood of a growth pick-up in 2020." View Business Insider's homepage for more stories.

 

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