Ocean Carrier Network Reduces Container Movement Costs for Better Street Turns
Ocean Carrier Network Reduces Container Movement Costs for Better Street Turns
2 PagesA Massive Carrier Network With Millions of Containers Recently, numerous major shipping lines consolidated to form a single massive shipping network. The resulting holding company set up business operations in Asia and, today, boasts a fleet of over 200 vessels, including some of the world’s largest ships. The carrier network is now one of the largest in the world, covering over 120 countries and offering regular service to every continent except Antarctica. Operating at this scale requires significant investment in equipment, most notably the standard twenty-foot and forty-foot shipping containers used by ocean carriers. This carrier network manages over 1.5 million of these containers with a value of approximately $3 billion.
