Hapag-Lloyd and MSC Fight to Rope The Top Spot in Houston — Panjiva


Hapag-Lloyd and MSC Fight to Rope The Top Spot in Houston

Corp - Ports 661 Corp - Shipping 608 Mode - Containerized 1005 Mode - Seaborne 1273 U.S. 3297

Container handling through Port Houston climbed 8.0% on a year earlier in October, returning to normal after a period of storm disruptions. Unusually, compared to other major U.S. ports, export growth of 19.1% outstripped imports’ 9.0%. Houston also bucked the trend in that import growth was driven by volumes from Europe, which were up by 9.2% on a year earlier, rather than China which rose just 0.8%. Despite the increasing volumes from Europe competition between the container-lines remains fierce with MSC and Hapag-Lloyd taking the number one and two spots in terms of scale as well as g...

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