Container lines operating U.S.-inbound services saw an 11.0% increase in volumes in October, a marked step up from the 6.9% rate seen in the third quarter. That’s likely due to accelerated shipments from China ahead of tariff increases. Among the major container-lines there was a significant increase in market share for the 2M Alliance partners MSC and Maersk whose volumes climbed 24.5% and 17.9% respectively. They far outpaced Asia-specialists COSCO Shipping, which fell 1.3%, and Ocean Network Express which rose by just 2.5%. The 2M Alliance’s volumes inbound from China rose by...
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