Article: Ocean Carriers: Top 30 gaining share.

By Patrick Burnson, Executive Editor

Scrapping capacity and protecting share characterized carrier strategy this past year. But long-term goals remain the same: finding profit while proving better service.

When ocean cargo shipping analysts spoke with us in 2008, all the talk was about cascading rates and "bottom-feeding" competitors. The major carriers were rightly worried, but a pricing shift has occurred that may find them counting profits rather than losses in 2009.

Rationalization of space and services over the past year still kept the smaller carriers in the game, but the Top 30 gained share by shedding capacity and concentrating on brand ...

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