Did you know? Top 10 Ocean Container Lines (as of August 2010) (Ranked by operating capacity)
|
Company |
Country |
TEUs |
# of owned ships |
# of charter ships |
1. |
A.P. Moeller – Maersk Group |
Denmark |
2,097,501 |
207 |
354 |
2 |
Mediterranean Shipping Co. |
Switzerland |
1,728,585 |
204 |
226 |
3. |
CMA CGM Group |
France |
1,140,825 |
87 |
299 |
4. |
Hapag-Lloyd |
Germany |
603,439 |
61 |
77 |
5. |
APL |
Singapore |
598,134 |
45 |
101 |
6. |
Evergreen Line |
Taiwan |
596,627 |
90 |
71 |
7. |
COSCO Container Line |
China |
530,859 |
92 |
44 |
8. |
CSAV Group |
Chile |
528,171 |
8 |
133 |
9. |
China Shipping Container Lines |
China |
486,871 |
73 |
64 |
10. |
Hanjin Shipping Group |
South Korea |
462,846 |
20 |
81 |
Source: American Shipper
TEU - “twenty foot equivalent unit.” A standard container size that can be loaded and sealed onto ships, railroad cars, trucks, and planes. The dimensions of a TEU are 20 ft (length) × 8 ft (width) × 9 ft (height). The maximum gross mass for dry cargo TEU is 52,910 lb: 47,770 lb (net load) + 5,140 lb (empty container weight). A TEU can accommodate 796 bushels of soybeans. |
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White House Supports Bigger Trucks in Maine, Vermont. The Obama Administration recently provided its support for a pilot project in Maine and Vermont allowing heavier trucks on interstate highways. In its continuing resolution for fiscal year 2011, the White House proposed the one year test program be made permanent. The continuing resolution would fund the federal government beyond Oct. 1, 2010. Click here to Read More |
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Rockefeller reiterates commitment to rail reform. Senator Jay Rockefeller (D-WV), Chairman of the Senate Commerce, Science, and Transportation Committee, reiterated his commitment for reform of the rail industry in a September 15 hearing titled, “The Federal Role in National Rail Policy.” John Porcari, Deputy Secretary of the U.S. Department of Transportation, and Daniel Elliott, Chairman of the Surface Transportation Board (STB), were witnesses during the hearing. Click here to Read More |
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Analyst Warns Container Vessel Surplus Looming Ocean container carriers, just back to profitability after last year’s steep shipping downturn, face a return to overcapacity in the coming 12 to 18 months because a projected fourth quarter slowdown in cargo demand will likely continue into next year, an analyst said. Click here to Read More |
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The Soy Transportation Coalition is comprised of thirteen state soybean boards, the American Soybean Association, and the United Soybean Board.
The National Grain and Feed Association and the National Oilseed Processors Association serve as ex-officio members of the organization. |
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Funded by the Soybean Checkoff |