Has Hyundai MM Already Lost the Battle for Walmart’s Custom? — Panjiva
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Supply Chain Research

Has Hyundai MM Already Lost the Battle for Walmart’s Custom?

Corp - Shipping 973 Logistics 476 Mode - Containerized 1465 Mode - Seaborne 1798 U.S. 5314

Hyundai Merchant Marine is negotiating with U.S. retailer Walmart to ensure it continues to use South Korean shipping services. That battle may already be lost. Panjiva data shows the 18% of shipments handled by Hanjin Shipping for Walmart in the three months to July were likely won by MSC. The share held by MSC increased to 23% in the quarter to January 31 from 11% in July. That came after MSC started offering a replacement service all the way back in September.

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