Industry News

U.S. Ports are Consolidating

 

Following the lead of Shipping Lines

Information derived from Aaron Schrank | April 5, 2017 | Marketplace

“The container-shipping industry is more consolidated than ever. As of this month, the world’s top ocean carriers are now mostly in three major alliances, set to control 90 percent of seaborne cargo. That changes the game for many of the country’s ports, who are themselves beginning to work together.”