More US West Coast terminal consolidation ahead

Amid the devastating cyber attack on Maersk Group and Cosco Holdings buying OOCL with the help of Shanghai International Port Group, an interesting development on the US West Coast may have passed unnoticed. Hyundai Merchant Marine’s (HMM’s) decision to shut down its operations at its Port of Los Angeles terminal because the new alliances have cost it volume is harbinger for more consolidation on the coast.
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