There was strong revenue growth for the majority of container lines in the third quarter

The trend for fewer services that emerged with the launch of the latest alliances appears to have gone into reverse

Listed carriers have little to celebrate as freight rates deteriorate

Demand growth on the major trade lanes has failed to keep up with the influx of capacity, and trade wars may exacerbate the situation

All but four container carriers have reported negative earnings before interest and tax in the January-March period

Operating results are improving, but scale is proving to be an important factor in profitability