First Research US Industry Profile

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Deep Sea Freight Transportation
SIC Codes: 4424
NAICS Codes: 483111
Last Quarterly Update: 11/7/2022
Companies in this industry provide deep sea transportation of cargo to or from foreign ports. Major companies include CMA CGM (France), COSCO (China), Crowley (US), Evergreen (Taiwan), Hapag-Lloyd (Germany), Mærsk (Denmark), and MSC Mediterranean Shipping (Switzerland).
Because of the nature of the deep sea shipping business, activity in the industry is spread throughout the world. The port of Shanghai was the largest container port in 2020, with a capacity of 43.5 million twenty-foot equivalent units (TEU), according to Statista. The busiest container ports include Singapore, Hong Kong, Los Angeles, Long Beach, Rotterdam, Hamburg, and Antwerp.
The US deep sea shipping industry includes nearly 270 establishments (single-location companies and units of multi-location companies) with combined annual revenue of around $6 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 and dry bulk cargo (each accounting for about 30% of revenue), and boxed and palletized ... 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)

07/04/2022
03/21/2022
11/29/2021
09/20/2021
06/14/2021
03/08/2021
11/23/2020
07/06/2020
03/16/2020
05/20/2019
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