Container liners operating U.S.-inbound routes ended 2018 with a bang after volumes climbed 13.5% on a year over year jump in volumes. That led to a full year growth of 7.7% to reach 28.01 million TEUs. All but one of the top 10 shippers – COSCO Shipping – saw an expansion with CMA-CGM passing Maersk to become the second largest liner in the month of December. Ocean Network Express may be turning a corner with volumes that rose 7.2% year over year growth in December after a troubled launch earlier in the year from the merger of the liner operations of Mitsui-OSK, K-Line and NYK. The fast...
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