Monthly Schedule Reliability Decreased to 65.7% in December 2018

Feb. 8, 2019

 |  Newsletter

CargoSmart analyzes schedule reliability each month to provide shippers and logistics service providers with insights about their ocean carriers’ performance. This month, we reviewed the schedule reliability of 20 ocean carriers across 13 trade lanes. Overall, on-time schedule reliability decreased by 0.9%, from 66.6% in November 2018 to 65.7% in December 2018.

Reviewing schedule reliability by trade, 15 of the 25 trades increased from November 2018 to December 2018. The Intra South America trade experienced the largest improvement in reliability and became the top one, increasing by 8.7% from 80.9% in November 2018 to 89.7% in December 2018. The Intra Africa trade experienced the largest decrement in reliability and became the lowest one, decreasing by 53.8%, from 53.8% in November 2018 to 0% in December 2018.

From the vessel discharging region perspective, the Asia region experienced the largest increment in reliability, increasing by 3.7%, from 67.1% in November 2018 to 70.8% in December 2018. The South America region although decreased 2.6%, from 81.5% in November 2018 to 78.8% in December 2018, continued to be the top one. The North America region continued to have the lowest reliability, with 49.8% reliability, in November 2018.

11 of the 20 carriers experienced varying degrees of decreasing schedule reliability from November 2018 to December 2018. The top five most reliable carriers in December 2018 were MCC, Wan Hai, Safmarine, Maersk Line and OOCL with an average on-time performance of 83.6%, 78.1%, 76.3%, 70.74%, and 70.72% respectively.

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Tags: analytics , innovating , shipping , reliability , carriers , big data

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