Schedule Reliability Decreased to 67% in November 2017

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 23 ocean carriers across 12 trade lanes. Overall, on-time schedule reliability decreased by 0.6%, from 67.6% in October 2017 to 67.0% in November 2017.

Regarding schedule reliability by trade, nine of the 12 trades decreased from October 2017 to November 2017. The North America-Oceania trade, which had the highest reliability in previous months, experienced the largest decrement in reliability, decreasing by 24.8% from 86.2% in October 2017 to 61.4% in November 2017. The Europe-Middle East trade experienced the largest improvement in reliability, increasing by 9.8%, from 63.3% in October 2017 to 73.1% in November 2017. The Europe-South America trade had the highest reliability with 83.8% in November 2017.

From the vessel discharging region perspective, the Africa region experienced the largest decrement in reliability, decreasing by 7.9%, from 39.8% in October 2017 to 32.0% in November 2017. The South Asia region had the highest reliability, with 86.6% reliability in November 2017.

16 of the 23 carriers experienced varying degrees of decreasing schedule reliability from October 2017 to November 2017. The top five most reliable carriers in November 2017 were CCNI, Safmarine, OOCL, Evergreen, and COSCO with an average on-time performance of 77.8%, 75.4%, 74.3%, 73.9%, and 73.5% respectively.

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