Schedule Reliability Climbed to 75.7% in Q3 2019
Oct. 17, 2019
The overall ocean schedule reliability for Q3 2019 was 75.7%, slightly higher than that of Q2. The peak of on-time schedule reliability was 80.2% in July 2019. It then dropped to 73.8% in August 2019, and remained at a similar level at 73.1% in September 2019.
Comparing 2019 and 2018, the monthly reliability was higher and fluctuated less in Q3 2019 compared to Q3 2018. The results are shown in Figure 1.
Figure 1: Monthly schedule reliability from January 2018 to September 2019
Africa-North America Route Reliability Dropped 35% in Q3
Next, we reviewed schedule reliability on 25 trade lanes. Overall, Intra Middle East, Europe-Middle East, and Intra South America had the highest schedule reliability in Q3 2019, with average reliability of 93.1%, 89.1%, and 88.6% respectively.
When comparing the schedule reliability to Q2 2019, 13 of the 25 trade lanes decreased. The Intra Europe, Europe-Middle East, and Intra North America had the biggest increases. Africa-North America, Africa-Middle East, and North America-Oceania dropped the most with Intra Africa continuing to have the lowest quarterly reliability.
Figure 2: Average schedule reliability by trade lane in Q2 2019 and Q3 2019
CargoSmart analyzes schedule reliability each month to provide shippers and logistics service providers with insights about their ocean carriers’ performance. For Q3 2019, we reviewed the schedule reliability of 20 ocean carriers across 25 trade lanes.