Running in place

   There was no clear market share shift between large and small non-vessel-operating common carriers in 2011 with regard to volume.
   Some large NVOs grew sizably, while others lost volume, with no apparent pattern emerging. What remains is a severely fragmented market, particularly in the context that NVOs collectively compete against liner carriers.

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   “Clearly, the smaller NVOCCs recorded the largest percentage volume increases, coming off of smaller 2011 numbers (during 2012 some weighed in with triple- or double-digit growths), no doubt adding to the margin headaches experienced by the ‘big boys,’” according to a February report, The Shifting Seas of Global NVOCCs, by Amherst Alpha Advisors. “But certain of the more mature (a.k.a. big) players are more than beating the market; note, for example Schenkerocean’s impressive 17 percent jump to roughly 154,000 TEUs, Pantainer-Panalpina’s 10 percent boost to roughly 117,000 TEUs, Apex’s steady rise of 7 percent to roughly 212,000 TEUs, and Blue Anchor (K+N)’s 5 percent boost, to roughly 334,000 TEUs.”
   All of those companies had growth that surpassed the 3.2 percent collective growth of the world’s top 100 global NVOs.
   According to statistics provided to American Shipper by the trade intelligence firm Zepol Corp., 11 of the top 25 NVOs for inbound U.S. cargo lost market share in 2012. The other 14 gained share, but interestingly, among those 25 NVOs, volume in 2012 was almost identical to that in 2011. And no one NVO had more than 6.2 percent share of inbound U.S. volume.