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

03 Apr 2020
Maersk’s ability to gain greater control of shipments as they move through the supply chain is key to the largest container line transforming itself into a provider of integrated end-to-end logistics.
ONE targets global electronic bill of lading capability by mid-year
02 Apr 2020
Singapore-based carrier ONE plans to roll out globally an electronic bill of lading through its customer portal starting in the second quarter of 2020.
02 Apr 2020
As consumer demand in the US plummets due to the coronavirus disease 2019 (COVID-19), trans-Pacific carriers are suspending entire strings in addition to blanking additional sailings from Asia in the second quarter.
02 Apr 2020
The risk in the coming week is that more US retailers and manufacturers fail to pick up containers because warehouses are full or closed due to not being deemed essential service providers responding to coronavirus disease COVID-19.
01 Apr 2020
Former Lykes Bros. Steamship Line President Jim Amoss was a respected and influential advocate for the US-flag liner industry.
01 Apr 2020
The Vancouver Fraser Port Authority and its largest tenant, GCT Canada, agree that Vancouver risks a scenario in which marine terminals will be clogged within roughly 10 years, but they disagree on how to add capacity.
31 Mar 2020
The container line offering reflects the new reality of Western importers increasingly canceling, reducing and delaying shipments as consumer consumption craters under stay-at-home safety precautions linked to the coronavirus disease 2019 (COVID-19).
27 Mar 2020
Just as US agricultural exports received a boost from the US-China phase one trade deal, the global economic impact of the coronavirus threatens to put the brakes on ag exports to Asia.
27 Mar 2020
Pressure is building as some shippers fail to pick up containers because warehouses are full or closed due to not being deemed essential service providers responding to COVID-19, or because retailers have requested delayed deliveries at distribution centers.
25 Mar 2020
Reports of cancelled Asia to North America ocean bookings are a sharp reversal from just a few weeks ago, when shippers were looking to accelerate shipments through the supply chain to replenish inventories depleted due to the prolonged China shutdown.
24 Mar 2020
Confirmation of PIL's debt woes follow weeks of speculation about the world's 10th- largest container line, which since mid-February has pulled out of the trans-Pacific trade, sold six 11,923-TEU container ships, and divested ts South Pacific subsidiary, Pacific Direct Line.
20 Mar 2020
Non-vessel operating common carriers say the small drop in trans-Pacific eastbound spot rates is a temporary blip.
19 Mar 2020
“The industry is much better prepared,” to ride out the impact from COVID-19. There’s little risk of bankruptcy or major merger and acquisition activity this year, said Rahul Kapoor, head of research and analytics, maritime and trade at IHS Markit.
18 Mar 2020
Cosco Shipping is adding a route linking the US Gulf Coast with Brazil and other parts of South America, despite data showing trade growth between the US and Latin America slowed last year.
16 Mar 2020
BCOs, trucking groups, and transportation intermediaries urge the Federal Maritime Commission to adopt its proposed rule to provide shipping lines guidance as to when they should be able to charge detention and demurrage fees.
12 Mar 2020
Wracked by the US-China trade war and the coronavirus disease 2019 (COVID-19), US imports from Asia and China in February hit three and four-year lows, respectively.
10 Mar 2020
Maersk and MSC will upsize three more vessel calls to Los Angeles and Long Beach beginning in late March as bookings rise and empty containers continue to pile up in Southern California.
10 Mar 2020
The nine container lines that form the Digital Container Shipping Association have released guidelines intended to give all carriers a "common language" and "tasked-based approach" to meeting an IMO resolution around vessel cybersecurity preparedness.
09 Mar 2020
If shipments of spring and summer merchandise that were disrupted by factory closures in China due to the coronavirus disease (COVID-19) merge with back-to-school shipments that normally begin to move in late April, cargo delays are highly probable.
09 Mar 2020
CMA CGM has joined the gray pool in Memphis, a win for those advocating for truckers to use any chassis for any container to eliminate chassis splits and other inefficiencies that cost shippers money.
09 Mar 2020
Container volume growth on trades connecting the United States with South America decelerated last year, reflecting slowing economic growth in the bellwether countries of Brazil and Argentina, according to JOC's 2019 top US–South America port and carrier rankings.
06 Mar 2020
Preliminary service contract negotiations between carriers and US retailers and other importers normally begin before TPM. But the event, set for March 1-4, was canceled a day before it was set to begin due to safety concerns tied to the coronavirus.
06 Mar 2020
CMA CGM extended its $535 million credit lines with Neptune Orient Line for another three years, giving it a little breathing room.
06 Mar 2020
The global nature of the coronavirus outbreak is throwing containerized goods supply and demand out of whack, but a way through the fog for all parties could be to lean more heavily on predictive analytics software.
05 Mar 2020
Dynamic ocean freight pricing — often conflated with instant quoting — can create some unintended consequences that rebound on the intermediaries upon which shippers rely.
03 Mar 2020
New offerings released this week by Evergreen and Kontainers underscore the recent shift in how cargo transport is sold online and what’s available to book.
02 Mar 2020
Terminal operators in Los Angeles-Long Beach are canceling work shifts due to plunging cargo volumes, which is causing a backlog of empty containers in Southern California and could trigger chassis shortages if the condition is not resolved soon.
02 Mar 2020
Logistics system integration provider Chain.io will help shippers and forwarders connect to carrier track-and-trace data via a standard established by the container line-led Digital Container Shipping Association (DCSA) in January.
28 Feb 2020
COSCO Shipping and OOCL again handled the largest share of US container imports from Asia in 2019, while CMA CGM and APL maintained the top spot in westbound US–Asia trade, despite declining overall volumes.
27 Feb 2020
Financial gains posted by carriers over the past couple of years could evaporate in 2020 unless lines contain their costs and standardize fuel pricing, according to an outlook released by AlixPartners.
27 Feb 2020
The addition of the new members in the Global Shipping Business Network will stoke competition in the race to develop platforms that link carriers, shippers, ports, terminals, customs authorities, and banks.
27 Feb 2020
The coronavirus disease 2019 (COVID-19) outbreak will distort container flows and global equipment fleet balance for at least another 90 to 120 days, according to Gregory Tuthill, chief commercial officer at SeaCube Containers.
26 Feb 2020
The terms of a $5 billion credit line obtained by Maersk as it reinvents itself as a logistics integrator will become more favorable as the ocean carrier progresses towards its carbon-neutrality goal.
25 Feb 2020
The domino effect of factory closures and other related supply chain disruptions stemming from the coronavirus disease 2019 (COVID-19) will have major downstream ramifications for container shipping demand, equipment availability, and rates.
24 Feb 2020
Driven mostly by increases in bunker fuel charges due to the IMO 2020 global low-sulfur fuel requirement, carriers say they intend to achieve all-inclusive freight rates that are slightly higher than the rates in last year’s service contracts.