U.S. container shipping volume falls in Q2

By Freddie Pierce
U.S. containerized shipping volume slowed in the second quarter after a strong first quarter increase of 8.9 percent year-over-year. Combined import an...

U.S. containerized shipping volume slowed in the second quarter after a strong first quarter increase of 8.9 percent year-over-year. Combined import and export volume in June slid 7 percent from May, reported The Journal of Commerce.

Mediterranean Shipping Company held at No. 1, exports, and No. 2, imports, on the JOC's Top 40 Import and Export Carrier ranking, with growth outpacing the other major carriers, at 27 percent and 20 percent, respectively.  

Year-over-year overall volume increases -- imports up 6.2 percent, exports, 8.3 percent, and total trade, 7.1 percent  -- mask the deceleration, which kept U.S. containerized trade marginally below the pre-recession 2008 levels.  

SEE OTHER TOP OCEAN FREIGHT STORIES IN THE SUPPLY CHAIN DIGITAL CONTENT NETWORK

Top Container Shipping Lines in the World

Vale won’t sell iron ore ships

Check out September’s issue of Supply Chain Digital here!

Based on data provided by PIERS, a sister company to the JOC, the Top 40 listings reflect approximately 98 percent of all trade by volume entering and exiting the United States. In exports, MSC, Maersk Line, Hapag-Lloyd, APL and Evergreen commanded 41.3 percent of the market, with combined volume surging 10 percent to 2.6 million TEUs.

Top 5 importers Maersk, MSC, APL, Evergreen and Hanjin Shipping posted a more moderate 2.3 percent growth to 3.3 million TEUs, at 39.5 percent market share.

The JOC Container Shipping Quarterly Special Report examines the strategies top carriers are employing to manage their market during peak shipping season and beyond, highlighting the changes in charter rates and practices and efforts to maximize per-container profitability.

Edited by Kevin Scarpati

Click here to download Supply Chain Digital’s iPad app!

Share

Featured Articles

Chris Caplice - academic who helped make freight a science

Dr Chris Caplice of MIT is one of the most decorated and influential thinkers around freight and logistics, being behind MIT FreighLab and other ventures

News round-up: Supply chain, logistics and procurement

SMBs face greenwashing brand damage - Software Advice; Top 10 procurement platform providers - iSAP, Oracle & Coupa; Accenture supply & Ukraine war

Sustainability in supply chain is crucial - BBG's Coindreau

Mauricio Coindreau is Head of Procurement and Sustainability for Budweiser Brewing Group (BBG), part of AB InBev – the world’s biggest brewer

SMBs face greenwashing brand damage, says Software Advice

Sustainability

'Electricity 4.0’ the future of sustainability - Schneider

Sustainability

Retail seeking supply chain agility in omnichannel world

Digital Supply Chain