Top 40 Container Carriers

Top 40 Container Carriers

As expected, year-over-year growth in U.S. containerized imports and exports and total trade was middling in 2013. U.S. container volume, excluding empties, increased 2.8 percent year-over-year in 2013, totaling 30.8 million TEUs.


U.S. imports increased 3.1 percent to nearly 18.1 million TEUs, and represented 58.6 percent of total U.S. trade. Volume at 15 of the JOC Top 40 Import carriers declined year-over-year. U.S. exports totaled nearly 12.8 million TEUs in 2013, advancing 2.4 percent year-over-year. Individual carrier results were mixed, with year-over-year declines at 12 of the JOC Top 40 Export carriers.

Previous rankings

Top 40 Carriers in U.S. Containerized Trade in the First Half of 2013

Top 40 Carriers in U.S. Containerized Trade in 2012

Special Coverage

Top 40 Container Carriers in U.S. Export Trade, 2013
Full-year 2013 numbers are in for the U.S. containerized ocean trade, and, as expected, year-over-year growth in imports, exports and total trade was middling.

News & Analysis

Top 40 container lines in U.S. import trade in the first quarter of 2014
17 Jul 2014
First-quarter 2014 numbers are in for the U.S. containerized ocean trade, with year-over-year results essentially flat.
Zim container ship in the Port of Haifa
29 Aug 2013
Zim Integrated Shipping Services reported a $72 million net loss for its second quarter, up from a $47 million loss in the same period of 2012, but an improvement on the $110 million deficit in the 2013 first quarter.
CMA CGM container ship
29 Aug 2013
CMA CGM’s second quarter net income jumped to $268 million from $169 million a year ago, mainly because of the sale of a large minority stake in its ports unit.
09 Aug 2013
The South Korea carrier's net loss widened in the second quarter as growth in cargo demand lagged capacity, putting downward pressure on rates.
CMA CGM Medea in the Port of Le Havre
06 Aug 2013
Buoyed by profits, the sale of some assets and cash infusions from two outside investors, CMA CGM is sporting a much healthier balance sheet this year than it was just two years ago. If it continues to post profits and the financial markets allow, it will launch an initial public offering of its stock at the end of 2014.
Mediterranean Shipping Co. container ship
30 Jul 2013
Mediterranean Shipping Co. has placed so many orders for new container ships recently that its orderbook is the largest among all carriers, according to Alphaliner.

Commentary

Although many in the industry have been waiting and wondering when the inevitable consolidation of ocean carriers would happen — presumably via the historical processes of buyouts, mergers or absorbing bankrupt companies — the consolidation has been happening in a much more organic process.