U.S. import growth by volume increased to 6.9% year over year in February, overcoming the downward pressure created by the Lunar New Year holiday. Asian routes drove that growth, with imports originating ports other than China up by 17.2% year over year. Chinese ports followed, increasing i... Read more →
Evergreen Line
Shipments Processed
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17,249,922Shipments Processed (U.S. Imports)
Shipments by Month
TEUs by Month
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Top EGLV Foreign Ports
- Kaohsiung
- Yantian
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- The Port of Los Angeles
- Port of Tacoma
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Shipment Statistics for Evergreen Line
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17,249,922Total shipments
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38,783,120 TEUsTotal volume
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2.25 TEUsAverage shipment size
Shipments by month
Shipment Market Share (%)
TEUs by month
TEU Market Share (%)
Recent Panjiva Research about Evergreen Line
Matson, Amazon forwarding lead December imports; rates inch up
Shipping rates continue to increase out of China, up 1.7% week to week as of the 14th. This was driven by increases in China to Europe rates, up 4.1% week to week and up 126.0% since the end of 2020. Carriers are likely enjoying these increased rates, posting increased profitability at the ... Read more →
ZIM leads 2M, Ceva imports surge in November
Carrier and forwarder markets in November were affected by the continuing rise in ocean freight rates, up 1.2% on average after a lull in October. China to U.S. west coast routes were particularly affected, up 4.2% week to week as of Dec 10, and up 23.8% since the end of July. Other routes ... Read more →
ZIM, MSC lead 2M import growth in October
Carriers have continued to benefit from the surge in imports, increasing profits over previous years due to a positive volume and rate environment. This totaled 48.1 billion in Q3 and will likely impact the strategy and plans of carriers into the new year. Carriers are likely warry of allow... Read more →
Dollarama, Dick’s may face peak season disruptions as Ningbo Zhoushan closes
The Meidong Container Terminal at Ningbo Zhoushan Port in China has had to close due to a COVID-19 outbreak. A similar event at Yantian in May and June took almost a month to ultimately resolve. Shipments from Ningbo to the U.S. represented 19.0% of U.S. seaborne imports from China in the 1... Read more →
Shipping alliances face risk of regulatory wave from Biden’s competition order
President Biden’s “Promoting Competition in the American Economy” Executive Order includes measures relating to the shipping and rail segments of the logistics industry. The provision for shipping appears modest and calls on the Federal Maritime Commission to “ensure... Read more →
Reliability to trump capacity while risking regulation as container lines blank sailings
The big three container shipping alliances have cut 24 sailings around the lunar new year holiday in an attempt to improve service reliability. For example, a surge in demand in Q4’20 combined with shortages of equipment have left Hapag-Lloyd with “no choice but to implement a c... Read more →
Matson sees favorable first half as MSC wins, Evergreen loses in December
Matson has provided Q4’20 earnings guidance that was more than 56% above analysts estimates, based on S&P Global Market Intelligence figures, after the container line cited “significant demand” for its China-U.S. service. The firm also expects “largely all of th... Read more →
2021 Outlook: Time to pay the pipers – Logistics issues
The logistics industry enters 2021 in a state of imbalance that has led global benchmark container rates to reach $3,561 per FEU on Dec. 18 from $1,660 per FEU on Sept. 30. Existing system congestion could take months to clear while the specter of regulatory intervention hangs over the sect... Read more →
Evergreen Marine, Yang Ming called to heel as shipping rates soar
The ongoing elevated levels of container shipping rates globally, which are ending the year at record highs for most routes, has drawn the attention of regional authorities. The most recent has been Taiwan’s Ministry of Transportation and Communications which has called on the contain... Read more →
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