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North America Container Transshipment Market Share

Report ID: GMI11970
Published Date: Oct 2024
Report Format: PDF

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North America Container Transshipment Market Share

PSA International, APM Terminals, Hutchison Ports, DP World, CMA CGM, COSCO, and SSA Marine collectively held a significant market share of 33% in the North America container transshipment industry in 2023. PSA International is a major player in the global container transshipment market, expanding its operations through investments in advanced technologies and strategic partnerships. The company focuses on enhancing port automation, digitization, and sustainability. PSA's global network and partnerships with shipping lines allow it to provide seamless transshipment services across key hubs. The company is also exploring greener port solutions to maintain competitiveness and meet global environmental standards.

APM Terminals, part of the Maersk Group, is a major player in the container transshipment industry, leveraging its global port and inland services network. The company invests in technological advancements, including automated container handling systems, to enhance port efficiency. APM Terminals also focuses on sustainability initiatives, such as reducing carbon emissions at its terminals. Its strong integration with Maersk's shipping services helps ensure a steady flow of containers, making it a key competitor in the transshipment market.

North America Container Transshipment Market Companies

Major players operating in the North America container transshipment industry are:

APM Terminals
Ceres Global Ag
Construction Navale Bordeaux
Mediterranean Shipping Company
MEYER WERFT GmbH & Co.
Ports America
PSA International
Rhenus Group
SSA Marine
Viking Line

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market for container transshipment in North America reached USD 2 billion in 2023 and is set to grow at a 3.7% CAGR from 2024 to 2032, driven by increasing investments in port modernization and expansion.

The large containers segment was valued at USD 1.3 billion in 2023, led by their efficiency in handling high-volume cargo.

The industrial products segment held a 32% market share in 2023, fueled by the increasing demand for raw materials, machinery, and industrial components in global trade.

The U.S. market accounted for 80% of the revenue share in 2023, supported by its robust port infrastructure, strategic geographical location, and high-volume trade relationships with Asia, Europe, and Latin America.

Major players include APM Terminals, Ceres Global Ag, Construction Navale Bordeaux, Mediterranean Shipping Company, MEYER WERFT GmbH & Co., Ports America, PSA International, Rhenus Group, SSA Marine, and Viking Line.