Freight forwarder K+N has reportedly cancelled its container-line insurance in response to the recovery of the sector’s fundamentals. K+N’s use of container-lines has changed significantly in the past year. Hapag-Lloyd remains the number one liner (unsurprisingly given Kuehne Holding’s stake in both firms) with an 18% share of U.S. inbound maritime traffic. MSC, number two, has seen a 39% rise in business in 2017 vs. 2016. A Herfindahl-Hirschman-style analysis shows the concentration of suppliers is unchanged in the past two years. However the current round of consolidation (including Ma...
Supply Chain Research
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