First Research US Industry Profile

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Deep Sea Freight Transportation
SIC Codes: 4424
NAICS Codes: 483111
Last Quarterly Update: 5/20/2019
Companies in this industry provide deep sea transportation of cargo to or from foreign ports. Major companies include AP Møller - Mærsk (Denmark), CMA CGM (France), COSCO (China), Crowley (US), Evergreen (Taiwan), Hapag-Lloyd (Germany), and MSC Mediterranean Shipping (Switzerland).
Because of the nature of the deep sea shipping business, activity in the industry is spread throughout the world. China is the leading exporter of containerized cargo, accounting for more than a quarter of shipments worldwide, according to the World Shipping Council. Seven of the 10 most active ports in the world are in China, led by Shanghai. Other top ports can be found in Singapore, South Korea (Busan), United Arab Emirates (Dubai), and the Netherlands (Rotterdam).
The US deep sea shipping industry includes about 300 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $10 billion. US coastal and Great Lakes shipping, which includes deep sea shipping between US ports, is covered in a separate industry profile, as are cruise ship operations.
Competitive Landscape
Demand is driven by global imports and exports. The profitability of individual companies depends on efficient operations and a good safety record. Large companies have advantages in fleet size and port access. Small companies can compete effectively by chartering services out of smaller ports and transporting unusual cargo. The US industry is highly concentrated: the 50 largest companies account for more than 90% of industry revenue.
Products, Operations & Technology
Major services include transportation of intermodal containers (about 45% of industry revenue), boxed and palletized goods (25%), bulk liquids and gases ... plus:
Sales & Marketing
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Finance & Regulation
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Regional & International Issues
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Human Resources
Also includes the following chapters:
Quarterly Industry Update
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Industry Indicators
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Business Challenges
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Trends and Opportunities
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Call Preparation Questions
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Financial Information
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Industry Forecast
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Industry Websites
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Glossary of Acronyms

Historical Profiles (PDF format)

02/18/2019
11/12/2018
08/13/2018
05/14/2018
02/12/2018
11/06/2017
08/07/2017
05/08/2017
02/06/2017
10/31/2016
08/01/2016
05/02/2016
02/01/2016
11/02/2015
08/03/2015
05/04/2015
01/26/2015
10/27/2014
08/04/2014
05/19/2014
02/24/2014
11/18/2013
08/26/2013
06/03/2013
03/11/2013
12/03/2012
09/10/2012
06/25/2012
04/02/2012
12/12/2011
09/19/2011
06/06/2011
03/07/2011
11/15/2010
08/23/2010
05/17/2010
02/01/2010