Schedule Reliability Decreased to 66.6% in July 2018
Sept. 6, 2018
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 2.7%, from 69.3% in June 2018 to 66.6% in July 2018.
Reviewing schedule reliability by trade, nine of the 13 trades decreased from June 2018 to July 2018. The Asia-South America trade experienced the largest decrement in reliability, decreasing by 9.2% from 66.7% in June 2018 to 57.5% in July 2018. The Asia-Oceania trade experienced the largest improvement in reliability, increasing by 7%, from 60.8% in June 2018 to 67.8% in July 2018. The North America-Oceania trade had the highest reliability among the 13 trades.
From the vessel discharging region perspective, the Oceania region experienced the largest improvement in reliability, increasing by 17.4%, from 61% in June 2018 to 78.4% in July 2018. The Middle East region continued to have the highest reliability, with 80% reliability while the Africa region continued to have the lowest reliability, with 49.8% reliability in July 2018.
Nearly all carriers experienced varying degrees of decreasing schedule reliability from June 2018 to July 2018. The top five most reliable carriers in July 2018 were OOCL, MCC, Safmarine, CMA CGM and ANL with an average on-time performance of 76.1%, 75.6%, 73.8%, 71.5%, and 71% respectively.
As of July, most of the K-Line, MOL, and NYK services have been phased out. We have stopped covering the K-Line, MOL, and NYK services and now include the Ocean Network Express (ONE) services for schedule reliability.