This article chronicles the history of mergers and alliances in the liner shipping industry during the past century before focusing on the latest wave of mergers to hit the industry Each merger wave in the liner shipping industry generally coincided with merger waves from the general industrial world. The incentive for each wave of mergers seemed to be different, with the most recent wave focusing on synergy between the merging companies. The reduction of competing firms through mergers has implications for the shipper and these are also examined.
Menachof, David A. & Damian, Anthony. (1998). Mergers and alliances in the liner shipping industry: an historical perspective. Journal of Transportation Management, 10(2), 44-56. doi: 10.22237/jotm/901929900