News / NVOs can benefit as box lines struggle through 'years of pain'

As shipping lines grapple with the challenges of overcapacity, new regulations and tanking demand, one forwarder executive believes carriers are in danger of losing ground to NVOs.

The forwarder said that, given these challenges, it will be hard for carriers to maintain service levels, and beneficial cargo owners will find it harder to manage their ocean traffic. This should create an opening for NVOs “to take market share back,” he predicted.

Container carriers will be struggling with downward rate pressure and elevated ...