Free report from Descartes Datamyne ranks top 20 NVOCCs by import TEUs in first half 2017, reveals gains in volumes, NVOCC share of U.S. import market. We’ve been tracking the NVOCC share of U.S. maritime imports as an indicator of shippers’ use of logistics services...
NVOCC US Import TEU Share Nears 39 Percent
NVOCCs again laid claim to a record 38.8% share of US import shipping volumes in 2016, with a growth rate in TEUs that outpaced the rate of carriers as a whole. Our bill-of-lading data shows that ocean carriers brought 20,953,723 TEUs in imports to US ports last year;...
AJOT Reports Kerry Logistics Acquisition, Cites Datamyne Rankings
The American Journal of Transportation – AJOT – reports that Kerry Logistics has completed its US acquisition of a majority stake in APEX Maritime and its affiliates. APEX ranks among the top three non-vessel operating common carriers (NVOCCs) in Asia-to-US import...
American Shipper Reports NVOCCs Gain Share of US Imports
Approximately 37.5% of imports to the US were contracted by non-vessel operating common carriers in first quarter 2016, American Shipper reports, citing data from Datamyne. The first-quarter share is “a bump up from 2014’s share of 36.0 percent and a 10 percentage...
NVOCC US Import TEU Share Hits 37 Percent
NVOCC US import TEU share reached 37.4% in 2015, a bump up from 2014’s share of 36.0%, and a 10 percentage point gain over 10 years, our trade data shows. Global companies’ confidence that more shippers will be outsourcing their logistics is seen as driving M&A...
Pattern of Deceit: How Trade Data Can Track Counterfeiting
Trade data can track counterfeiting schemes as well as legitimate buying and selling in the global market place. Attorney Carlos Rodriguez, a partner at Husch Blackwell LLP, describes how in a white paper on a current “Paradigm Shift in Anti-Counterfeiting...
Betting on Outsourcing: 3PL Mergers and Acquisitions
M&A activity within the third party logistics provider (3PL) sector in 2015 continues at last year’s brisk pace, with global companies betting not only on growth in shipping, but on more shippers wanting to outsource their logistics. In November, French logistics...
Hot Properties: Freight Forwarder, NVOCC M&As Stoked
December’s string of acquisitions in the global logistics sector – including Berkshire Hathaway’s acquisition of Charter Brokerage, FedEx’s of GENCO, C.H. Robinson’s of Freightquote.com – seems likely to stoke this year’s trend to more M&A activity in transport,...