Maersk to Buy LF Logistics for Around $3.6 Billion

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A.P. Moller-Maersk A/S said Wednesday it has agreed to buy LF Logistics for around $3.6 billion including lease liabilities, a move that would give the ocean shipping giant a network of warehouses.

Maersk, the world’s largest container shipping line by capacity, has been reaping the benefits of the rattled global supply strains that have pushed up ocean freight rates to record levels this year and caused backlogs at U.S. ports.

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