Maersk’s Alibaba Deal Could Access 699,000 Contract Market — Panjiva
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Maersk’s Alibaba Deal Could Access 699,000 Contract Market

China 3047 Corp - Shipping 1025 Logistics 476 Mode - Containerized 1523 Mode - Seaborne 1845 U.S. 5398

Maersk’s deal to sell empty container space via Alibaba to Chinese customers may start a process of reducing business available to freight forwarders. Panjiva data shows that there were a total of 699,000 less-than-container shipments from China to the U.S. in the past 12 months. This was equivalent to 18% of all shipments by number (not volume), and growth in LCL shipments has outstripped the total industry until recently.

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