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Company name Headquarters Total TEU Ships Market share Notes Alliance 1 Mediterranean Shipping Company (MSC) Switzerland: 5,705,424 801 19.9% [Note 1] 2M(until February 2025) Independent (from March 2025) 2 Maersk Denmark: 4,193,392 685 14.6% [Note 2] 2M (until February 2025) Gemini (from March 2025) 3 CMA CGM France: 3,635,418 634 12.7% [Note 3]
Mediterranean Shipping Company S.A., branded as MSC, is an international shipping line founded by Gianluigi Aponte in Italy in 1970. The company is owned by the Aponte family with its headquarters in Geneva, Switzerland, since 1978. [ 4 ]
The company currently operates from five regional Customer Fulfillment Centers and 12 [4] branch offices. [5] In 1997 MSC acquired Enco Manufacturing Company. [6] On June 8, 2006, MSC completed the acquisition of J & L America, Inc. DBA J & L Industrial Supply (J & L), a subsidiary of Kennametal, for $349.5 million. [7]
In 2015, Maersk and Mediterranean Shipping Company (MSC) launched the 2M Alliance, a vessel-sharing agreement on the Asia-Europe, trans-Pacific and trans-Atlantic trades. . The arrangement, which includes a series of slot exchanges and slot purchases on east–west routes, also involves Maersk Line and MSC taking over a number of charters and operations of vessels chartered to HMM.
LSC Communications is an American commercial printing company based in Chicago, Illinois, [3] and, as of December 2020, a fully-owned subsidiary of Atlas Holdings. [4] The company was established in 2016 as part of a corporate spin-off from RR Donnelley. [5] It owns the publishers Research & Education Association and Dover Publications.
CMA CGM is a French shipping and logistics company founded in 1978 by Jacques Saadé. [7]The name is an acronym of two predecessor companies, Compagnie Maritime d'Affrètement (CMA) and Compagnie Générale Maritime (CGM), translating as "Maritime Freighting Company" and "General Maritime Company", respectively.
In 1978, [2] MSC became one of the first distributors to launch a fully integrated Quality Assurance Department. [1] In 1976, his son Mitchell, a lawyer, joined the company and was tasked with seeking out the best practices at other industrial suppliers to implement at MSC. [1] In 1982, Mitchell replaced his father as president of the company. [1]
Entire stock market indexes focus on the sector, like the Dow Jones Transportation Index (DJTA). In the EU, the transport industry directly employs around 10 million people and accounts for about 5% of the gross domestic product (GDP). Logistics account for 10–15% of the cost of a finished product for European companies.