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.
