News / More liner shipping consolidation will 'put pressure on smaller carriers'

Diane Picard

Last year’s rapid increase in liner shipping consolidation activity is likely to continue, according to speakers and delegates canvassed by The Loadstar at this week’s TPM conference in Long Beach.

XPO Logistics chief executive Bradly Jacobs told delegates: “Even more global consolidation and integration is going to take place, particularly among ocean transport companies; driven by three main requirements – the need for better visibility, better on-time arrival of goods and better invoicing accuracy.

“Why are those things not already at much higher levels? Because the return on ...