Top 40 Container Lines - in U.S. imports
By SwizStick • Jul 27th, 2007 • Category: SeafreightThe JoC (Journal of Commerce) had an interesting report on the top 40 container lines in terms of U.S. imports, in TEUs, using 1st quarter 2007 numbers and comparing those to 1st quarter 2006, with the percent change. It’s all behind their subscription wall, so unless you have a subscription you can’t view it, but I’ll highlight some of the interesting ones.
Maersk Line, no surprise, is still number one by a substantial margin at 561,848 TEUs and a market share of 13%, but that’s an 11.1% DROP from the same quarter in 2006. No doubt their decision to discontinue inland service to a number of points is having an affect on their U.S. business.
MSC, at number three, jumped 14.3%, from 260,895 TEUs in 2006 to 298,314 in 2007 and has a market share of 6.9%.
China Shipping jumped 14.7% over the past year and has a market share of 5%. Also telling, Wan Hai Lines volume plummeted a whopping 31.7% from 62,462 TEUs to only 42,638 TEUs. Perhaps Yang Ming, also based in Taiwan, has been taking advantage of their losing market share - Yang Ming jumped 26.3% and is in a virtual tie at 11th place with K-Line.
The biggest percentage gains in volume?
- United Arab Shipping Co.: 95.8% (26th place)
- Tropical Shipping/Thompson Line: 62.2% (31th place)
- CMA CGM Group: 38.0% (8th place)
- Safmarine: 28.7% (24th place)
- Yang Ming: 26.3% (12th place)
Stumble it!
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