March 3, 2025 | Page 48

Cold Chain Market Report

Special Report

Journal of Commerce Top 10 Container Carriers by US Reefer Imports

Containerized US refrigerated ( reefer ) imports , 2024 vs . 2020 , 2021 , 2022 and 2023 , in laden TEUs

The Journal of Commerce Top 10 Container Carriers by US Reefer Imports accounted for 86.1 % of the 2.18 million TEUs in total refrigerated imports to the US in 2024 , a increase of 11.5 % year over year and 20.2 % from 2020 .

1 A . P . Møller - Maersk * 13.5 % 305,993 293,975 296,036 268,200 293,839 -4.0 % 0.0 % -0.7 % 9.6 % 2 Mediterranean Shipping Co . ( MSC ) 12.6 % 239,566 255,584 248,068 206,813 273,912 14.3 % 7.2 % 10.4 % 32.4 % 3 Dole / Tropical Fruit Americas 11.7 % 249,328 251,800 255,435 255,922 255,151 2.3 % 1.3 % -0.1 % -0.3 % 4 Great White Fleet 8.5 % 168,201 161,216 172,385 180,545 185,737 10.4 % 15.2 % 7.7 % 2.9 % 5 CMA CGM 8.3 % 121,674 142,664 159,821 163,342 181,943 49.5 % 27.5 % 13.8 % 11.4 % 6 Cosco Shipping / OOCL 6.9 % 102,107 105,567 100,965 123,298 151,407 48.3 % 43.4 % 50.0 % 22.8 % 7 Del Monte 6.9 % 90,554 137,645 161,436 148,553 149,864 65.5 % 8.9 % -7.2 % 0.9 % 8 Seaboard Marine 6.5 % 106,706 134,911 148,897 133,897 140,721 31.9 % 4.3 % -5.5 % 5.1 % 9 Hapag-Lloyd 5.9 % 84,644 89,396 88,743 101,930 127,741 50.9 % 42.9 % 43.9 % 25.3 % 10 Ocean Network Express ( ONE ) 5.4 % 92,659 89,691 92,711 100,911 117,205 26.5 % 30.7 % 26.4 % 16.1 %

TOTAL US REEFER IMPORTS 100.0 % 1,807,786 1,925,135 2,016,323 1,965,350 2,181,563 20.7 % 13.3 % 8.2 % 11.0 %

* A . P . Møller - Maersk includes Maersk , Sealand , Safmarine , and Hamburg Süd . Source : S & P Global © 2025 S & P Global

Journal of Commerce Top 10 Container Carriers by US Reefer Exports

Containerized US refrigerated ( reefer ) exports , 2024 vs . 2020 , 2021 , 2022 and 2023 , in laden TEUs

The Journal of Commerce Top 10 Container Carriers by US Reefer Exports accounted for 86.2 % of the 789,838 TEUs in total refrigerated exports from the US in 2024 , a decrease of 2.6 % year over year and 21.9 % from 2020 .

1 Ocean Network Express ( ONE ) 16.5 % 174,942 155,981 118,808 134,166 129,969 -25.7 % -16.7 % 9.4 % -3.1 % 2 A . P . Møller - Maersk * 12.2 % 135,156 130,117 118,162 113,959 96,347 -28.7 % -26.0 % -18.5 % -15.5 % 3 CMA CGM 11.9 % 135,793 147,574 127,760 105,031 93,828 -30.9 % -36.4 % -26.6 % -10.7 % 4 Cosco Shipping / OOCL 9.1 % 99,374 88,960 75,633 68,888 72,068 -27.5 % -19.0 % -4.7 % 4.6 % 5 Crowley 8.5 % 58,428 69,894 62,017 64,974 66,783 14.3 % -4.5 % 7.7 % 2.8 % 6 Mediterranean Shipping Co . ( MSC ) 8.1 % 102,275 98,343 71,484 64,053 64,228 -37.2 % -34.7 % -10.2 % 0.3 % 7 Evergreen Line 6.0 % 66,967 58,081 46,326 47,987 47,601 -28.9 % -18.0 % 2.8 % -0.8 % 8 TOTE Maritime 6.0 % 41,368 47,253 45,636 41,578 47,160 14.0 % -0.2 % 3.3 % 13.4 % 9 HMM 4.1 % 36,456 28,678 25,874 31,510 32,477 -10.9 % 13.2 % 25.5 % 3.1 % 10 Tropical Shipping 3.9 % 21,165 22,836 23,524 27,339 30,512 44.2 % 33.6 % 29.7 % 11.6 %

TOTAL US REEFER EXPORTS 100.0 % 1,047,755 1,009,424 852,901 817,906 789,838 -24.6 % -21.8 % -7.4 % -3.4 %

48 Journal of Commerce | March 3 , 2025 www . joc . com