Maersk has launched the Spot booking platform, allowing customers to receive guaranteed containerized freight loading times in return for upfront payments. Innovations such as the Eagle GO expedited service have helped its competitor CMA-CGM build market share more rapidly. CMA-CGM’s share of U.S. seaborne imports climbed by 1.4 percentage points to 12.8% in the 12 months to May 31 versus 2016. Maersk’s meanwhile rose 0.6 percentage points to 12.5%. CMA-CGM may need to up the ante – China accounted for 50.7% of its U.S.-inbound volumes in the 12 months to May 31 compared to Maersk’s 32.7...
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