An older article (February 2016), and a lot has happened since then. But the picture is still the same.
The prediction is that reliability of ocean service will go down. Especially if you measure it end-to-end rather than simply the sea leg. And this will lose credibility for the entire industry. To improve, ocean carriers MUST cooperate with onshore portions of customers’ supply chains, including port terminals, drayage, yards, warehouses, rail, and last mile delivery.
Our panel suggests that carrier consolidation will continue, but will be largely confined to specific trade lanes and commodity niches. In the meantime, shippers and carriers must cooperate at an unprecedented level for sustainable solutions to emerge.