Global growth bellwethers Maersk and Toyota lower guidance on tariff impact - MarketWatch
1. Maersk reduced volume growth estimate to -1% to 4%. 2. Tariffs are impacting business; signs of reduced shipping volumes emerge. 3. Los Angeles port forecasts a 5% drop in May shipping volumes. 4. Capacity utilization for incoming ships at 50%, down from 85-90%. 5. Maersk stock dropped 2% before earnings release amid tariff concerns.