It is interesting that NVOCCs grow market share and business when there’s congestion. It is because they are information hubs, in my opinion. They can quickly establish a few shipments to a port different from the prearranged one. Also interesting: some of the shipments are essentially at zero profit.
According to the authors data come from the House Bills of Lading reported to the CBP.
Here’s the actual report:
This report examines the NVOCC market providing comparison providing ocean carriers, NVOCCs, importers and exporters a macro-assessment of performance.