Schedule Reliability Increased to 67.6% in October 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 3.3%, from 64.3% in September 2017 to 67.6% in October 2017.

Regarding schedule reliability by trade, 10 of the 12 trades increased from September 2017 to October 2017. The Asia-Africa trade experienced the largest improvement in reliability, increasing by 11.5%, from 34.4% in September 2017 to 45.9% in October 2017. The Europe-Middle East trade experienced the largest decrement in reliability, decreasing by 14.9% from 78.3% in September 2017 to 63.3% in October 2017. The North America-Oceania trade continued to have the highest reliability with 86.2% in September 2017.

From the vessel discharging region perspective, the Africa region experienced the largest improvement in reliability, increasing by 12.9%, from 26.9% in September 2017 to 39.8% in October 2017. Although, it was the region with the lowest reliability in October. The South Asia region had the highest reliability, with 81.5% reliability in October 2017.

19 of the 23 carriers experienced varying degrees of increasing schedule reliability from September 2017 to October 2017. The top five most reliable carriers in October 2017 were CCNI, MCC, OOCL, Maersk, and CMA CGM with an average on-time performance of 85.1%, 78.2%, 73.8%, 73.5%, and 73.4% respectively.

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