Monthly Schedule Reliability Increased 0.4% in January 2019
March 4, 2019
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 25 trade lanes. Overall, on-time schedule reliability increased by 0.4%, from 65.7% in December 2018 to 66.1% in January 2019.
Reviewing schedule reliability by trade, 12 of the 25 trades increased from December 2018 to January 2019. The Intra Oceania trade experienced the largest improvement in reliability and became the top trade, increasing by 27.8% from 66% in December 2018 to 93.8% in January 2019. The North America-Middle East trade experienced the largest decrement in reliability, decreasing by 21.9%, from 61.9% in December 2018 to 39.9% in January 2019.
From the vessel discharging region perspective, the Oceania region experienced the largest increment in reliability and became the top region, increasing by 22%, from 64.9% in December 2018 to 86.9% in January 2019. The North America region decreased by 10.9%, from 35.2% in December 2018 to 24.3% in January 2019, continuing to be the lowest ranked reliability by vessel discharging region.
11 of the 20 carriers experienced varying degrees of increasing schedule reliability from December 2018 to January 2019. The top five most reliable carriers in January 2019 were MCC, Wan Hai, Safmarine, PIL, and CNC with an average on-time performance of 81.8%, 80.6%, 73%, 72.3%, and 70% respectively.
Would you like to review the carrier performance of your specific shipment routes? to Big Schedules Analytics today to improve your shipment planning. .