Top 40 Container Carriers

Top 40 container lines by US volume

Cash-rich CMA CGM offers smaller shippers dedicated capacity

Greg Knowler, Senior Europe Editor | Mar 7, 2022, 5:15 PM EST

CMA CGM has followed the industry trend of reporting extreme profitability for 2021, dramatically paring down debt while making several billion-dollar acquisitions.
Container lines

Maersk plans to connect supply chains at the ‘middle’

William B. Cassidy, Senior Editor | Feb 16, 2022, 7:00 AM EST

The Pilot Freight acquisition gives Maersk not just last-mile delivery capabilities, but the “middle-mile” backbone needed to speed freight to the final mile.
Logistics technologyTruckingContainer lines

Maersk extends door-to-door reach with Pilot acquisition

William B. Cassidy, Senior Editor | Feb 9, 2022, 12:12 PM EST

The $1.6 billion acquisition of Pilot Freight Services gives Maersk greater power to integrate ocean, air, and land-based services from the first to last mile.
Logistics technologyLTL

JOC Rankings: 2M Alliance atop carriers for US volumes

JOC Staff | Aug 31, 2021, 10:29 AM EDT

Mediterranean Shipping Co. sat on top of the rankings for ocean carriers handling US imports while its 2M partner Maersk was top carrier on the export side.
Container lines

FMC to take deeper look at Evergreen detention case

Ari Ashe, Senior Editor | Apr 28, 2021, 2:16 PM EDT

A detention case involving Evergreen Shipping, Yamaha Motor, and a drayage provider is drawing the attention of the Federal Maritime Commission, which is reviewing the application of its detention and demurrage rules.
Transport, trade and regulation

Container lines ordered to explain detention, demurrage assessment

Ari Ashe, Senior Editor | Feb 17, 2021, 3:56 PM EST

The Federal Maritime Commission will take a deep look into the detention and demurrage practices in Southern California and New York and New Jersey, requiring ocean carriers and maritime terminal operators to answer questions about their policies related to importers and exporters.
Transport, trade and regulation

JOC Research: Intermodal savings to tighten in Q1 2021

Ari Ashe, Senior Editor | Feb 3, 2021, 1:28 PM EST

Shippers may see intermodal savings evaporate in the first quarter if rail contracts rise more than 10 percent and spot truck rates continue to cool off and pressure truck contracts.
Intermodal providers

Port of Virginia gets Europe-to-Caribbean vessel string

Ari Ashe, Senior Editor | Dec 8, 2020, 3:39 PM EST

The Port of Virginia has gained a weekly service that will be the loop’s only US stop from Northern Europe and the port’s first-ever direct connection for exporters to the Caribbean.
North American ports

FMC examining ocean carriers’ demurrage/detention billing

Ari Ashe, Senior Editor | Oct 7, 2020, 5:05 PM EDT

The FMC will look into whether ocean carriers are incorrectly holding truckers, third-party logistics, and freight forwarders responsible for penalties that should be paid by the shipper.
Transport, trade and regulation

JOC Rankings: Smaller US import carriers gained share in early 2020

JOC Staff | Aug 25, 2020, 4:19 PM EDT

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.
Container lines

Q2 results reveal an emboldened container shipping industry

Greg Knowler, Senior Europe Editor | Aug 21, 2020, 11:30 AM EDT

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.
Container lines

HMM changes western US rail partner to gain alliance efficiencies

Ari Ashe, Senior Editor | Jun 19, 2020, 12:44 PM EDT

HMM will be switching from BNSF Railway to Union Pacific Railroad in August, a move that allows it to prioritize efficient inland movement of containers within THE Alliance.
Container lines

FMC rule giving contract filing relief to carriers takes effect

Ari Ashe, Senior Editor | Jun 15, 2020, 4:34 PM EDT

The National Industrial Transportation League said its members do not rely on the publication of essential contract terms, eliminating the need for carriers to make such filings.
Container lines

Chassis tensions tempered by willingness to talk

Ari Ashe, Senior Editor | May 8, 2020, 4:58 PM EDT

With tensions on the rise, groups representing ocean carriers and truck companies are open to meeting to resolve their differences on chassis.

Virginia port to idle terminal due to COVID-19 volume drop

Ari Ashe, Senior Editor | Apr 17, 2020, 4:39 PM EDT

The Port of Virginia will temporarily suspend container operations in the Portsmouth Marine Terminal beginning May 3, a result of the dropoff in volume due to the coronavirus disease 2019 (COVID-19) pandemic.
North American ports

Ag shippers urge Trump administration to intervene on detention, demurrage

Ari Ashe, Senior Editor | Apr 7, 2020, 3:31 PM EDT

A coalition of 80 agricultural shippers is urging the Trump administration to get involved in the detention and demurrage debate now before the Federal Maritime Commission, saying the issue is even more important now amid supply chain disruptions caused by the coronavirus pandemic.
Marine terminals

Shippers applaud CMA CGM’s jump to Memphis gray chassis pool

Ari Ashe, Senior Editor | Mar 9, 2020, 2:49 PM EDT

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.
Container linesDrayage

Rankings: Top trans-Pacific carriers hold line on market share in 2019

JOC Staff | Feb 28, 2020, 9:20 AM EST

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.
Container lines

Container carriers gaining greater control of market

Peter Tirschwell | Jan 24, 2020, 3:38 PM EST

Carriers’ growing experience in reducing short-term capacity without having to resort to more disruptive actions like eliminating full services is a profound change in the market that will help the carriers absorb blows that in the past would wipe away profits like a dustrag.
Container lines

ARO 2020: Trans-Pacific lines look to manage capacity, pass on fuel costs

Bill Mongelluzzo, Senior Editor | Dec 24, 2019, 8:02 AM EST

With growth in trade between Asia and North America projected to continue at a slow, steady pace in 2020, container carriers will be focused on keeping a floor on rates and recouping the added cost of low-sulfur fuels.
Container lines