Maersk Made $3 Billion. Why Did Cargo Fall?

Profit nearly tripled. But its rivals tell a different story.

Maersk just reported an impressive Q3.

Profit nearly tripled.

Revenue surged.

And the company raised its 2026 forecast again.

But cargo volumes fell.

ONE, COSCO and OOCL also had strong quarters.

Yet their results were very different.

For carriers and BCOs, this matters for 2027 rates and contracts.

So what is Maersk’s biggest challenge now?