American President Lines

American President Lines, LLC
Company type	Subsidiary
Industry	Container shipping
Founded	1848 in New York City, United States
Founder	William Henry Aspinwall
Headquarters	Arlington, Virginia, United States
Area served	Worldwide
Key people	George Goldman - President
Services	Container Shipping ; Terminals
Revenue	US$ 4.6 billion (FY 2016)
Number of employees	5,000 (2017)
Parent	CMA CGM
Website	apl.com

APL, formerly called American President Lines Ltd., is an American container shipping company that is a subsidiary of French shipping company CMA CGM. It operates an all-container ship fleet, including nine U.S. flagged container vessels.^[1]

In 1938, the U.S. government took over the management of the Dollar Steamship Co., which was in financial difficulties and transferred their assets to the newly formed American President Lines.^[2] In 1997, Singaporean shipping company Neptune Orient Lines (NOL) acquired APL, eventually moving APL's headquarters to Singapore. In 2016, CMA CGM acquired NOL, parent company of APL.^[3]^[4]

^ "APL". The Journal of Commerce. Archived from the original on December 14, 2020. Retrieved December 25, 2020.
^ Cite error: The named reference History00-59 was invoked but never defined (see the help page).
^ Elias, Rahita (2004). Beyond Boundaries: The First 35 Years of the NOL Story. Neptune Orient Lines Ltd. p. 8.
^ "Corporate Structure". Neptune Orient Lines. Archived from the original on February 12, 2003. Retrieved July 1, 2008.

[1] "APL". The Journal of Commerce. Archived from the original on December 14, 2020. Retrieved December 25, 2020.

[History00-59-2] Cite error: The named reference History00-59 was invoked but never defined (see the help page).

[3] Elias, Rahita (2004). Beyond Boundaries: The First 35 Years of the NOL Story. Neptune Orient Lines Ltd. p. 8.

[4] "Corporate Structure". Neptune Orient Lines. Archived from the original on February 12, 2003. Retrieved July 1, 2008.

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