Container line schedule reliability falls to all-time low

Date Added: 28 September 2021

Container line schedule reliability falls to all-time low

As a provider of global ocean freight forwarding services, Davies Turner notes that in its latest Global Liner Performance report, Sea-Intelligence schedule reliability figures up to and including August 2021 fell to an all time low.

The report itself is quite comprehensive and covers schedule reliability across 34 different trade lanes and 60+ carriers, and Sea-Intelligence reports that although schedule reliability has hovered between 35%-40% for most of the year, in August 2021 it dropped to 33.6%, a new all-time low during the 10 years Sea-Intelligence has tracked global schedule reliability.

On a year-to-year basis, reliability in August 2021 was -30.1 percentage points lower than August 2020, continuing the trend of year-to-year declines of over -30.0 percentage points in each month in 2021 so far.

The average delay for late vessel arrivals continued to deteriorate, increasing by 0.58 days month-to-month to 7.57 days in August.

Sea-Intelligence said that Maersk Line was once again the most reliable top-14 carrier in August 2021, with schedule reliability of 45.6%, followed by Hamburg Süd with 38.0%.

Another three carriers had schedule reliability between 30%-40%, with only three carriers recording schedule reliability of 20%-30%.

Six carriers had schedule reliability of under 20%, with Evergreen recording the lowest August 2021 schedule reliability of just 11.5%.

For more information about Davies Turner’s ocean freight forwarding and logistics services, please contact [email protected] or visit https://www.daviesturner.com/ocean
 

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