Schedule Reliability Increased 5.3% in November 2018

Jan. 9, 2019

 |  Insights

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 5.3%, from 61.3% in October 2018 to 66.6% in November 2018.

Reviewing schedule reliability by trade, 13 of the 25 trades increased from October 2018 to November 2018. The Intra Africa trade experienced the largest improvement in reliability, increasing by 53.8% from 0% in October 2018 to 53.8% in November 2018. The Europe-Oceania trade experienced the largest decrement in reliability, decreasing by 15.7%, from 77.5% in October 2018 to 61.8% in November 2018. The Intra Middle East trade continued to have the highest reliability among the 25 trades, with 93.9% reliability.

From the vessel discharging region perspective, the South America region experienced the largest increment in reliability and became the top one, increasing by 22.4%, from 59.0% in October 2018 to 81.5% in November 2018. The North America region continued to have the lowest reliability, with 49.8% reliability, in November 2018.

18 of the 20 carriers experienced varying degrees of increasing schedule reliability from October 2018 to November 2018. The top five most reliable carriers in November 2018 were MCC, APL, Wan Hai, Safmarine, and OOCL with an average on-time performance of 75.4%, 75.0%, 74.6%, 72.1%, and 71.6% respectively.

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