The Journal of Commerce Ranks US Top 40 Container Carriers, MSC Rises to No. 1 in Exports, Maersk Holds Imports Lead

NEWARK, N.J., Dec. 13, 2010 /PRNewswire/ -- U.S. import and export volume carried by top ocean carriers expanded a combined 12.2 percent this year, shifting market share percentages and highlighting capacity concerns for 2011, reports The Journal of Commerce today in its Top 40 Container Lines ranking and special report.

(Photo:  http://photos.prnewswire.com/prnh/20101213/NY16749 )

Total exports increased by 8 percent and imports by 15.3 percent, but overall trade still lags pre-recessionary 2008 numbers by 6.4 percent. Based on exclusive data from PIERS, a sister company of The Journal of Commerce, the ranking Top 40 carriers moved 98.2 percent of the United States' 8.6 million TEUs of containerized exports and 99 percent of the 12.4 million TEUs of containerized imports.

Mediterranean Shipping Co.'s exports market share grew to 11.8 percent from January to September 2010, bringing it above Maersk Line into No. 1. In import volumes, Maersk grew 6.5 percent and maintained its top position, but growth from MSC in imports narrowed its previous market share lead.

APL, Hanjin and Hapag-Lloyd also experienced market share gains that pushed their rankings higher. Hainan PO Shipping -- a carrier operating between China and Southern California -- began U.S. service in September and joined the list at No. 40.

Port changes to chassis handling and expansion projects currently under way will produce expanded footprints and capacity for 2011. But, with U.S. trade volume predicted to grow 7 to 8 percent a year, a rapid return to the overload felt a few short years ago may be an inevitable compromise for recovery.

To view daily news visit www.joc.com. For all media enquires, including article reprints, please contact Editorial Director Paul Page.

Since 1827, The Journal of Commerce has been the most trusted source of intelligence for international logistics executives to help them plan global supply chains and better manage day-to-day transportation of goods and commodities in the United States and internationally.

To become a member of The Journal of Commerce click here. JOC members have access to our weekly print and digital magazine and Web site, as well as a 10% discount on all JOC events and trade shows, UBM Global Trade Directories and select PIERS products. Authoritative editorial content in the form of daily news, weekly analysis and regular features ensure our members have the information and data necessary to understand the issues facing trucking, rail and maritime transportation. Members enjoy access to "By the Numbers," an exclusive weekly compilation of key industry statistics that provides detailed views of current market trends across all modes. Regular market intelligence reports -- utilizing PIERS trade data -- include Top 100 Imports and Exporters, quarterly Top 40 Container lines, Trans-Pacific and Trans-Atlantic Maritime Forecasts and Top Container Ports and Terminals. Market-sector supplements, including Breakbulk, Cool Cargoes, 3PL, JOC Guide to Trucking and others, ensure all modes are comprehensively covered.  

About UBM Global Trade - UBM Global Trade is the leading provider of proprietary data, news, business intelligence and analytical content supporting commercial maritime, rail, trucking, warehousing and logistics industries worldwide. The company's portfolio of more than 100 online, print and interactive workflow business solutions includes The Journal of Commerce, Breakbulk, RailResource, PIERS Global Intelligence Solutions and an array of international trade and transportation databases and directories. UBM Global Trade, a subsidiary of United Business Media Limited, is headquartered in Newark, NJ, with offices throughout the United States. For more information, explore www.ubmglobaltrade.com or call 800-952-3839 (+1-973-776-8660 outside the U.S. or Canada).

CONTACT: Paul Page, The Journal of Commerce, Editorial Director, +1-202-355-1170, [email protected].

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Paul Page

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SOURCE The Journal of Commerce

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