International Freight Shipping

News relating to the import and export business, including customs, current economics and more. The container line landscape is constantly evolving as market dynamics present new challenges to the industry. See how the companies involved have changed as a result of mergers and acquisitions since 1977.

Commentary

The transloading trend is placing severe pressure on the largest container gateway in the Americas, where the adjacent Los Angeles and Long Beach ports handled a combined 14.4 million 20-foot-equivalent units last year.

News & Analysis

APM Terminals has a new leader for the first time in 12 years.
22 Sep 2016
Morten Engelstoft is to take up the position of CEO of APM Terminals as part of a set of changes in the executive management of the Maersk Group.
22 Sep 2016
Maersk Group will be reorganized into two separate divisions, with the synergy efforts expected to deliver cost savings of around $600 million over the next three years.
06 Sep 2016
Wilhelmsen and Wallenius have unveiled plans to merge their three jointly owned ocean car carrier and roll on-roll off lines.
05 Sep 2016
CMA CGM has completed its acquisition of NOL and its liner unit APL.
The NYK Iris Leader transits the larger locks of the Panama Canal. Ships move through the new locks with the help of tugs. The old locks rely on locomotives to pull ships through them.
03 Sep 2016
The Panama Canal’s expanded locks have opened a new path for roll-on, roll-off carriers.
The synergies APM Terminals provides for Maersk Line make it unlikely the Maersk Group will choose to divest itself of its terminal operating arm.
17 Aug 2016
Maersk will announce the results of its ongoing strategic and structural review of group operations at the end of September.
Damco's strong performance could renew speculation that the Maersk Group will try to sell the unit as the company is in the middle of a strategic and structural review.
12 Aug 2016
Damco’s recovery continued as it was the only Maersk Group unit to boost earnings in the second quarter of 2016.
12 Aug 2016
Volumes were up, but profit was well down at APM Terminals in the second quarter.
12 Aug 2016
All-time low rates dragged Maersk Line to a worse-than-expected loss.
11 Aug 2016
Analysts do not expect Maersk Line to come out of the second quarter in the black.