Vehicle shipping firm Wallenius Wilhelmsen reported a 39.7% year over year drop in revenues in Q2 as the global automotive industry collapsed in the wake of COVID-19. The firm’s EBITDA margin dropped by 380 basis points compared to a year earlier after capacity reductions were insuffi... Read more →
Wallenius Wilhelmsen Logistics Americas Llc
Shipments Processed
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801,124Shipments Processed (U.S. Imports)
Shipments by Month
TEUs by Month
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Suppliers
Top WLWH Suppliers
Buyers
Top WLWH Buyers
Foreign Ports
Top WLWH Foreign Ports
- Bremerhaven
- Zeebrugge
- Southhampton
U.S. Ports
Top WLWH U.S. Ports
- Baltimore
- Port of Tacoma
- Georgia Ports Authority
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Shipment Statistics for Wallenius Wilhelmsen Logistics Americas Llc
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801,124Total shipments
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42,868 TEUsTotal volume
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0.05 TEUsAverage shipment size
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Shipment Market Share (%)
TEUs by month
TEU Market Share (%)
Recent Panjiva Research about Wallenius Wilhelmsen Logistics Americas Llc
Wallenius Wilhelmsen heads for low water mark as Volvo, Komatsu shipments sink
Shipping firm Wallenius Wilhelmsen has reported a 20% year over year drop in volumes of cars and construction equipment handled Q1 as a result of lower demand for autos globally and disruptions to supply chains caused by COVID-19. With demand continuing to be low and disruptions to supply c... Read more →
Panjiva Daily: Tracking the electronics retail slump; DP-DHL beats a bad benchmark
U.S. retail sales have slumped as a result of COVID-19 linked store closures, but imports of electricals and electronics have not kept pace – higher inventories will likely be the result. DP-DHL outperformed the freight forwarder sector average in April. Also: Sonos wins tariff lenien... Read more →
Wallenius Wilhelmsen digs in as COVID-19 cuts construction machinery shipments
The global shipping industry has started a period of reviewing strategic plans and adjusting earnings guidance to investors. Container-line Maersk has withdrawn its full year guidance citing “material uncertainties and lack of visibility”. Vehicle carrier Wallenius Wilhelmsen me... Read more →
Panjiva Daily: Flexport steps up as masks fall; COVID-19 forces Wallenius Wilhelmsen to dig in
The logistics industry is reacting to constraints caused by the spread of coronavirus. Flexport is limiting who it ships medical supplies for as U.S. imports of medical masks fall. Wallenius Wilhelmsen is mothballing capacity to deal with lower demand. Also: a coronavirus-linked container c... Read more →
Wallenius Wilhelmsen chooses contraction in shrinking car carrier market
Vehicle shipping line Wallenius Wilhelmsen reported Q4 revenues that fell by 8.3% year over year. A decline in auto sales globally combined with a “commercial prioritization of volumes” – namely not chasing market share – may have dragged on volumes. U.S. seaborne im... Read more →
Hoegh Puts Past Behind It, Brings Ford Onboard
The U.S. Justice Department has charged the former CEO of Hoegh Autoliners, Ingar Skiaker, with price fixing in the car shipping business from 2006 to 2012. That puts the issue firmly in the past, but is a reminder of the regulatory risks in shipping industry which often rely on partnership... Read more →
Komatsu, Not Volvo, May Be The Future For Wallenius Wilhelmsen
Wallenius Wilhelmsen has added the second of four new vehicle shipping vessels to its fleet. That follows rapid growth in its services – its U.S. seaborne inbound shipments climbed 15.7% year over year in 1Q 2019. That’s been driven by a 21.1% surge in handling of construction and oth... Read more →
MOL Loses Car Shipping Ground to NYK and K-Line as South Korean Fines Bite
Ten car carrier operators have been fined $38 million for fixing prices in South Korea from 2002 to 2012. The case follows a similar one in Japan that involved $202 million in fines. Panjiva data shows the car carrier industry remains highly competitive, with volumes largely unchanged on 10... Read more →
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