Container Lines

Container Lines

At a time when the container shipping landscape is constantly evolving, and market dynamics present increasingly complex challenges for the shipping industry, the JOC provides up-to-the-minute news, analysis and business intelligence about the container lines that transport most of the world's trade including Maersk, COSCO, Hapag-Lloyd, CMA CGM, MSCONE, Yang Ming, Zim Integrated Shipping Services, and many others.

JOC’s comprehensive coverage ranges from the latest information about new shipping lines to major changes in company leadership, to in-depth analysis of the pricing and volume trends that directly impact shippers' bottom lines and supply chains. The consolidation of the container shipping sector has resulted in increasingly divergent strategies, with some firms focusing solely on ocean transport while others opt for a more "end-to-end" approach. The JOC’s comprehensive, in-depth coverage probes the consequences of these various strategies for shipping lines, shippers, and other stakeholders of container lines.

Top 40 Container Carriers US Import and Export Trade 2018

Commentary

Maersk Line and CMA CGM have gotten a lot of press for their plans to offer services many see as “new,” while others say this is just the next iteration of something carriers have tried to do for decades.

News & Analysis

23 Sep 2020
Similar to the current market in the trans-Pacific trade, container freight rates from Asia to the East Coast of South America have been buoyed by surging consumer demand and a rush of exports leaving China ahead of Golden Week.
21 Sep 2020
With cargo volumes and spot rates out of Asia surging as the United States and other countries begin to climb out of the COVID‑19 recession, US importers are increasingly turning to non-vessel-operating common carriers (NVOs) to secure capacity.
18 Sep 2020
Amidst confusion involving blank sailings, extra-loaders, and announcements this past week by government regulatory agencies in Beijing and Washington, spot rates in the eastbound trans-Pacific continued to climb higher.
18 Sep 2020
Shippers using third-party vendors to help them manage auditing and paying their freight bills see a sizable advantage in process costs versus those that manage the function in-house, new research has found.
17 Sep 2020
The US FMC said it is closely monitoring capacity and pricing conditions in the eastbound trans-Pacific, but is not yet ready to launch a fact-finding investigation or petition for legal action.
16 Sep 2020
For so-called old China hands, the Ministry of Transportation and Communication’s Sept. 11 summoning of carriers in Shanghai to instruct them to add capacity hardly comes as a surprise.
15 Sep 2020
The suspension and weakening of general rate increases comes after Chinese regulators on Friday encouraged major container lines to add capacity and be less aggressive in raising their rates as US imports from Asia continue to rise.
14 Sep 2020
Predicting actual demand in individual weeks in the container shipping markets is notoriously difficult with any significant degree of accuracy, though not for lack of trying.
11 Sep 2020
In what is still very much an evolving scenario, carriers are digesting what they were told by the Chinese government and how it will impact their businesses going forward.
10 Sep 2020
Ocean Network Express (ONE) has signed up with India’s port community system to digitize its last-mile delivery offerings via application program interfaces (APIs), touted as a first collaborative step by any carrier operating out of the country.
09 Sep 2020
Two Australia-based software providers, Mizzen and Maxamation, have developed a product that will enable container lines to strategize around profitability of dynamically quoted ocean spot pricing.
09 Sep 2020
In just one month’s time, retailers have gone from a pessimistic peak-season outlook to a forecast of better-than-expected imports this fall.
08 Sep 2020
US import growth from Asia and China accelerated in August after a strong July, driven by e-commerce merchandise and PPE supplies.
04 Sep 2020
A steady stream of extra-loader vessels in the trans-Pacific have failed to blunt the steady increase in spot rates.
04 Sep 2020
Container shortages in Asia are reaching a crisis level as carriers are desperate to secure sufficient equipment to satisfy US import needs for the upcoming peak shipping season.
04 Sep 2020
What has changed such that the world’s largest container line, and the largest company in Denmark, is willing to bet its future not just on an unproven theory, but one that has been disproved time and time again over the course of containerization?
02 Sep 2020
Uptake in digital quoting tools at top container lines suggests every carrier will need that capability even if the usage and benefits of such tools aren’t yet clearly defined.
01 Sep 2020
With trans-Pacific carriers having no blank sailings scheduled through September, US exporters anticipate there will be sufficient westbound capacity to ship their commodities to Asia.
01 Sep 2020
Maersk’s reorganization is expected to lead to a raft of redundancies and possible office closures, with Danish newspaper Borsen reporting a loss of 3,400 jobs, or roughly 4 percent of its workforce.
31 Aug 2020
New service offerings announced recently by CMA CGM demonstrate that while alliances serve the carriers well in terms of cost efficiencies, the benefits may not extend much further.
28 Aug 2020
The US import surge that began in late June now looks like it will continue at least through October as consumers turn to e-commerce for purchases, including holiday season merchandise.
26 Aug 2020
Cosco’s sale of a large portion of its ownership stake in China International Marine Containers appears to be a state-mandated move to consolidate control around China Merchants Group, CIMC’s largest shareholder.
25 Aug 2020
Only eight of the JOC Top 40 Container Carriers by US Imports managed to increase volumes in the first five months of the year, none of which belong to one of the three major vessel-sharing alliances.
24 Aug 2020
Mediterranean Shipping Co. announced a new weekly service from Asia to the US West Coast to meet import demand that has risen significantly in the past two months.
24 Aug 2020
In proactively and successfully influencing the direction of the market as container lines have done this year, leading to higher rates and stronger profit, the carriers will inevitably provoke a regulatory reaction.
24 Aug 2020
APL Logistics has added Haiphong to its OceanGuaranteed product as demand for premium services from Vietnam increases with the shift of some manufacturing from China.
21 Aug 2020
Forwarders say shipping lines in the eastbound trans-Pacific are telling them to prepare for a Sept. 1 general rate increase (GRI) that could push West Coast spot rates above $4,000 per FEU.
21 Aug 2020
Container lines have displayed an ability to flex capacity in response to short-term demand changes, and this strategy has paid off across the board despite stunted volumes in the second quarter.
20 Aug 2020
A chassis dispute between trucking executives and ocean carriers has reached an impasse, spurring American Trucking Associations to seek a resolution from the US Federal Maritime Commission.
19 Aug 2020
Growth of Maersk Spot indicates the industry is past the point of no return on adoption of instant quoting tools, with container lines not having this capability lagging behind.
19 Aug 2020
Earnings season is drawing to a close, with carriers shrugging off the impact of COVID-19 lockdowns on demand in the second quarter and significantly boosting their earnings due to capacity management.
14 Aug 2020
Taiwanese carrier Yang Ming was unable to turn around its string of financial losses in the first half, but the shipping company continues to inch its way closer to a positive result.
14 Aug 2020
Technology has the potential to solve long-running financing tensions between suppliers and importers, and logistics networks and service providers are likely to be the focal point for these solutions.
11 Aug 2020
Maersk’s recent entry into the TMS space highlights the range of players targeting different segments of a fragmented shipper market that’s gravitating toward web-based tools.
11 Aug 2020
Jack Mahoney, currently head of Maersk North America’s automotive industry division, will end a 21-year tenure with the Danish giant to lead the niche trans-Pacific carrier.