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The resulting company, KNSM, started its Baltic service on October 1, 1856, with two chartered sailing ships.
Expansion was rapid, and by 1863 the company was operating 11 ships totaling 4,200 tons.
In 1870 the Stoomvaart Maatschappij Nederland (Nederland Line) was founded for the purpose of trading with and in the Far East.
The company got off to a bad start when its first ship, S.S. Willem II, caught fire in 1871, but the vessel was not seriously damaged.
The service began on January 1, 1891, with 30 ships on 13 regular routes.
History of Lux soup History of Lux soap Lux soap first produced in United Kingdom in 1899.
KPM, Rotterdam Lloyd, and Nederland Line also had shares in the Java-China-Japan Line (JCJL), a company founded in 1902 to take advantage of the growing traffic between India and the Far East.
Following a temporary halt in its progress during World War I, KPM became the largest shipowner in the Far East by the late 1920s.
By 1920, however, freight rates had started to fall and shipping companies were feeling the pinch.
The company was formed by a merger of Dutch Margarine Union and British soap-makers Lever Brothers in 1929.
In 1939 the KNSM fleet, for example, comprised seven passenger vessels and 76 cargo ships; six years later it had fallen to three passenger vessels and 39 cargo ships.
In 1966 the remnants of KPM joined Royal Interocean.
The modern era in Nedlloyd's history began in 1970 with the full integration of the activities of Royal Interocean Lines, Rotterdam Lloyd, Nederland Line, VNS, and their subsidiaries into the Nedlloyd Group.
The company's final passenger ship was not sold, however, until 1974 when Royal Interocean's New Holland left the fleet.
In 1983, the company, in an attempt to bolster its inland transport business, decided to move further down the transport chain and provide transport service not only from port to port but also from the factory gate to the final consumer.
Nedlloyd remained in fragile financial condition (no dividend was paid in 1991), but liner shipping, out of all of its core activities, exhibited the most improved performance.
Nonetheless, Nedlloyd had successfully transformed itself into a tightly focused, Eurocentric logistics powerhouse in time for the arrival of the single European currency slated for January 1999.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Hamburg Sud North America, Inc. | 1990 | $91.0M | 750 | - |
| Hyundai Merchant Marine America Inc | 1982 | $24.0M | 150 | - |
| Carotrans | - | $1.5M | 125 | 1 |
| Maersk Line | 1928 | $82.0M | 450 | 443 |
| CP Ships US Agency LLC | - | - | 750 | - |
| OOCL | 1969 | - | - | 22 |
| USA Services | 1982 | $8.5M | 60 | 11 |
| American President Lines | 1848 | $4.6B | 5,000 | 2 |
| AGS | - | $4.5M | 35 | 20 |
| Norton Lilly International | 1841 | $100.0M | 402 | 7 |
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