Schedule Reliability Increased to 67.9% in December 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 increased by 0.9%, from 67.0% in November 2017 to 67.9% in December 2017.

Reviewing schedule reliability by trade, five of the 12 trades increased from November 2017 to December 2017. The Asia-South America trade experienced the largest improvement in reliability, increasing by 10.4%, from 71.4% in November 2017 to 81.8% in December 2017, which was also the highest reliability among the 12 trades. The trans-Atlantic trade experienced the largest decrement in reliability, decreasing by 18.8% from 71.4% in November 2017 to 52.6% in December 2017.

From the vessel discharging region perspective, the South Asia region, which had the highest reliability in October and November, experienced the largest decrement in reliability, decreasing by 9.7%, from 86.6% in November 2017 to 76.8% in December 2017. The South America region had the highest reliability, with 86.7% reliability in December 2017.

13 of the 23 carriers experienced varying degrees of increasing schedule reliability from November 2017 to December 2017. As shown in Figure 3, the top five most reliable carriers in December 2017 were CCNI, MCC, Evergreen, CNC, and OOCL with an average on-time performance of 86.3%, 76.9%, 75.9%, 75.6%, and 74.1% respectively.

Taking a look back at the entire year of 2017, the overall schedule reliability ranged from 55.7% to 70.1% with the lowest reliability in January and the highest reliability in June. The reliability was quite stable in the second half of the year.

Reviewing the schedule reliability by carrier, CCNI was most reliable carrier in 2017 as it had the highest monthly average reliability of 80% in 2017. It was followed by MCC, which had an average reliability of 79.4% in 2017. Evergreen was in third place with an average reliability of 71.1% in 2017. The 4th to 10th ranked reliable carriers were COSCO, Safmarine, CMA CGM, OOCL, ANL, Wan Hai, and Maersk Line respectively.

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