Top 40 Container Carriers

Top 40 container lines by US volume

JOC Rankings: 2M Alliance atop carriers for US volumes

JOC Staff |
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

JOC Research: Intermodal savings to tighten in Q1 2021

Ari Ashe, Senior Editor |
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

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

JOC Staff |
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

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

Ari Ashe, Senior Editor |
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

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

Ari Ashe, Senior Editor |
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 |
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 |
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 |
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

Maersk: No-shows plummet on guaranteed bookings

Eric Johnson, Senior Technology Editor |
Cargo no-shows are down 75 percent on freight booked via the Maersk Spot guaranteed online booking platform, according to the container carrier.
Container linesLogistics Technology News

ONE cuts profit forecast on rising economic fears

Greg Knowler, Senior Europe Editor |
Despite reporting a profitable second quarter, the Japanese container carrier has reduced its full-year earnings forecast by nearly one-third, citing concerns over a worsening global economic environment and an expected increase in bunker costs.
Container lines

JOC Top 40 container carrier rankings first half 2019

JOC Staff |
Container carriers in the slowing US import and export trades are exercising increased discipline, maintaining capacity levels rather than introducing new vessels in an attempt to secure a larger share of the market.
Container lines

THE, OCEAN pacts set to dominate evolving trans-Pacific

Bill Mongelluzzo, Senior Editor |
Carrier market share in the trans-Pacific is not expected to change much in the next few months, in part because carriers will manage capacity by blanking individual sailings and deploying extra-loader vessels to handle import surges.
Container lines

Maersk boosts profits, warns of tariffs slowing trade

Greg Knowler, Senior Europe Editor |
It was a modest second quarter result, but Maersk Line continues to improve its profitability by improving reliability and resisting any temptation to chase market share.
Container lines

Evergreen doubles down on mega-ship order

Greg Knowler, Senior Europe Editor |
Evergreen Marine has plunged deeper into the mega-ship operating space, ordering another 11 ships in addition to the 11 that are already being built and delivered.
Container lines

New strategies of CMA CGM, Maersk familiar, but bolder

Mark Szakonyi, Executive Editor |
Carriers are going beyond setting up logistics arms and instead making the end-to-end reach a full company play rather than standalone attempt to offer the higher value and margin services as the NVOs they compete and partner with.
Supply chainContainer lines

The new oligopoly of container shipping

Lars Jensen, CEO, Sea-Intelligence Consulting |
Carriers and shippers alike must adapt to the new realities of a container shipping market in which only a handful of large players control the vast majority of capacity.
Container lines

Trans-Pac spot rates rocket amid weak volume outlook

Bill Mongelluzzo, Senior Editor |
Spot rates in the eastbound trans-Pacific this week got a pop from the pending July 1 GRIs, but economists are predicting a slow-growth year for the US economy, and carriers’ only hope to keep pricing from declining this peak season is to manage capacity through blank sailings.
Container lines

Major ocean carriers falling short of IMO goals

Danielle Sukharenko, Research Analyst |
The shipping sector is lacking investments in effective carbon reducing technologies, threatening to miss IMO 2050 targets for decarbonization, according to a recent report from CDP.
Container lines

MSC temporarily suspended from C-TPAT after drug bust

JOC Staff |
The 90-day suspension from the Customs-Trade Partnership Against Terrorism means the container line will no longer enjoy “trusted trader” status, increasing the likelihood of import shipment delays.
Container lines

Container carriers banding together on digital development

Peter Tirschwell |
After years of undercutting each other on rates to gain market share and the resulting waves of consolidation, large container carriers seem to have come to a realization that they will sink or swim together.
Container linesLogistics Technology News

Eyeing summer rush, carriers signal blank sailing restraint

Bill Mongelluzzo, Senior Editor |
The Ocean Alliance’s announcement of three blank sailings in June puts carriers and BCOs on alert that additional cancellations are likely if shipments from China continue to drop in the coming months.
Container lines

CMA CGM expands cost-cutting effort amid higher debt

JOC Staff |
The French shipping group will rationalize its container carrier brands, with APL serving the trans-Pacific, Asia-Indian Subcontinent, Asia-Oceania, and US-flag trades, ANL focusing on Oceania, and CNC on intra-Asia.
Container lines

Little headway made on IMO ship speed plan

Peter Tirschwell |
A proposal to impose mandatory speed limits on ocean vessels faces an uncertain future after being tabled at last week’s meeting of the IMO’s Marine Environmental Protection Committee.
Container lines

Maersk’s inland move builds on integrator strategy

Peter Tirschwell |
In the latest step in the ocean carrier’s transformation into a “global integrator” of container logistics, Maersk Line has folded in the inland services formerly operated by APM Terminals.
Container lines

Container lines target track-and-trace standardization

Greg Knowler, Senior Europe Editor |
Digital Container Shipping Association officials say improving standards around cargo visibility is a top priority of the new carrier coalition.
Container lines

EU regulator raises concerns over state shipping subsidies

Greg Knowler, Senior Europe Editor |
The European Commission is eyeing Cosco’s deepening reach into the European port sector, as well as the broader issue of state subsidies to Asia-based carriers and shipyards.
Transport, Trade, and Regulation News

Container data standards effort builds with new carriers joining

Eric Johnson, Senior Technology Editor |
Adding five new members may give the Digital Container Shipping Association the quorum needed to press forward with the development of standard data protocols.
Logistics Technology NewsContainer lines

Cosco accelerates logistics push beyond ocean, ports

Mark Szakonyi, Executive Editor |
The Chinese state-run ocean carrier and fellow Asia-based lines are slowly revealing plans that tilt toward deeper logistics services beyond conventional ocean shipping, with a distinctive Asian focus.

Trans-Pacific carriers secure higher service contract rates

Bill Mongelluzzo, Senior Editor |
Most beneficial cargo owners (BCOs) and NVOs are agreeing to pay higher base rates this year in the hope that container carriers will be less inclined to hit them with premiums of as much as $1,000 per container, as occurred during the peak autumn months last year.
Container lines

Carriers warn of blank sailings tied to low-sulfur fuel

Bill Mongelluzzo, Senior Editor |
Container carriers will have to remove nearly every vessel from service for at least a week to transition to low-sulfur fuel as mandated by the IMO, but BCOs hope that carriers don't use this as a way to manipulate capacity during the peak season.
Container lines

Maersk taps Indian reefer trade with door offering

India Special Correspondent |
The container carrier’s latest efforts to provide integrated, end-to-end logistics services is helping it to make inroads in the Indian cold chain market.
Container lines

Trans-Pacific reliability rising from record depths

Bill Mongelluzzo, Senior Editor |
Container carrier schedule reliability in the eastbound trans-Pacific has bounced back from record lows in early 2019 but still lags global on-time performance by quite a bit.
Container lines

Cosco reports profit, extends logistics reach

Hugh R. Morley, Senior Editor |
Chinese state-owned Cosco Shipping is one of several Asian and European ocean carriers that are increasingly focused on providing customers with deeper logistics services that go beyond conventional ocean shipping strategies.
Container lines

ONE expects 2019 profit after last year's loss

Greg Knowler, Senior Europe Editor |
The merged container operations of Japan's three largest ocean carriers got off to a dismal start as it launched operations in April 2018, which helped drag down revenue.
Container lines

Asian carriers take diverging logistics paths

Greg Knowler, Senior Europe Editor |
Container lines with the financial muscle — or state backing — are forging ahead with strategies aimed at controlling a greater portion of the container supply chain.
Container lines

Supply-demand gap on Asia-Europe trade widens

Greg Knowler, Senior Europe Editor |
The injection of vessels comes as demand growth of Asia-Europe westbound volume slows.
Container linesTransport, Trade, and Regulation News

LA-LB port congestion shows signs of ebbing

Bill Mongelluzzo, Senior Editor |
Container and chassis dwell times in Los Angeles-Long Beach edged lower in December.
North American portsDrayageTrucking NewsTransport, Trade, and Regulation News

Apathy hampers blockchain in shipping

Eric Johnson, Senior Technology Editor |
New research shows blockchain technology has a way to go before convincing the majority of enterprises of its near-term value.
Logistics Technology NewsContainer lines

CEVA Logistics argues larger upside to CMA CGM deal

Greg Knowler, Senior Europe Editor |
CEVA Logistics wants shareholders to bear in mind the benefits of its strategic partnership with CMA CGM and turn down a bid by the carrier, highlighting the growth inherent in the company.
Container linesLogistics Technology News

India transshipment uptrend continues

India Special Correspondent |
India relaxed cobotage rules in May to allow any ocean carrier to transport goods.
Container linesMaritime