Service reliability falls to 12-month low in continuing trend: Drewry
LINER schedule reliability fell to its worst level in 12 months in February when the average on-time performance slipped by seven percentage points to 62.7 per cent, according to Drewry's Carrier Performance Insight.
"Worryingly, reliability is on a prolonged downwards trend although the severity witnessed in February was probably exaggerated by Chinese New Year," said Simon Heaney, senior manager of supply chain research at Drewry.
The on-time average has now fallen in each of the previous five months and is now at its lowest point since the US west coast labour dispute-affected February 2015 when the average was 55.2 per cent.
On top of the worsening on-time average, the deviation from the expected time of arrival stretched out to 1.2 days in February, from 0.9 days in January.
Only two of the 10 trades covered were able to improve their on-time average in February versus January.
The transatlantic trade overcame poor weather problems from the beginning of the year to register a 19.6 point rise to 60.8 per cent, putting it back close to its 2015 average.
Meanwhile, the Europe-South America trade gained four points to 89.1 per cent.
For the third straight month, the same carriers occupied the top three spots in February.
Japanese carrier MOL finished on top yet again with an average on-time performance of 73.6 per cent, well down on its leading score of 82.7 per cent from January.
Wan Hai took second place with 71.4 per cent, down from 79.5 per cent, while in third place Maersk Line had an on-time average of 70.1 per cent, down from 77.0 per cent.
Only two carriers, MSC and Zim, made marginal improvements on their January performance and the widespread malaise saw the spread from the most to least reliable carriers narrow to 18 points.
LINER schedule reliability fell to its worst level in 12 months in February when the average on-time performance slipped by seven percentage points to 62.7 per cent, according to Drewry's Carrier Performance Insight.
"Worryingly, reliability is on a prolonged downwards trend although the severity witnessed in February was probably exaggerated by Chinese New Year," said Simon Heaney, senior manager of supply chain research at Drewry.
The on-time average has now fallen in each of the previous five months and is now at its lowest point since the US west coast labour dispute-affected February 2015 when the average was 55.2 per cent.
On top of the worsening on-time average, the deviation from the expected time of arrival stretched out to 1.2 days in February, from 0.9 days in January.
Only two of the 10 trades covered were able to improve their on-time average in February versus January.
The transatlantic trade overcame poor weather problems from the beginning of the year to register a 19.6 point rise to 60.8 per cent, putting it back close to its 2015 average.
Meanwhile, the Europe-South America trade gained four points to 89.1 per cent.
For the third straight month, the same carriers occupied the top three spots in February.
Japanese carrier MOL finished on top yet again with an average on-time performance of 73.6 per cent, well down on its leading score of 82.7 per cent from January.
Wan Hai took second place with 71.4 per cent, down from 79.5 per cent, while in third place Maersk Line had an on-time average of 70.1 per cent, down from 77.0 per cent.
Only two carriers, MSC and Zim, made marginal improvements on their January performance and the widespread malaise saw the spread from the most to least reliable carriers narrow to 18 points.