Comment / Transpacific container trade – how the carriers stack up

ID 182936860 | At © Michael Turner | Dreamstime.com

Over the course of this year’s third-quarter earnings season among liner operators, it became clear that the best performing carriers in terms of profits were those with the highest exposure to spot rates and the transpacific trade.

However, this does not necessarily mean that those carriers have the highest market share on the transpacific. In fact, it is almost the reverse, with the five largest transpacific carriers by deployed capacity – CMA CGM, Maersk, Cosco, ONE and Evergreen – delivering some ...