CONTAINERSHIP reliability was broadly unchanged in November as the average on-time performance across all trades slipped by just 0.8 percentage points against October to 77.2 per cent, reports the American Journal of Transportation.
The American Journal of Transportation cited data from Carrier Performance Insight, powered by Hong Kong's CargoSmart software, an online schedule reliability tool provided by London's Drewry Supply Chain Advisors.
Six of the 10 trades covered recorded month-on-month on-time improvements in November, but worse performances in each of the three east-west trades and in the Asia-South America route - the only north-south trade to decline - dragged down the overall reliability performance.
Eight of the 19 "Top 20" carriers measured scored an average on-time performance of 80 per cent or higher in November. After sharing the top spot in October, Evergreen once again led with an overall on-time average of 85.3 per cent.
This was followed by Wan Hai with 84.1 per cent. Other carriers to get scores of at least 80 per cent in the month were "K" Line (81.8 per cent), Maersk Line (80.9 per cent), MOL (80.9 per cent), OOCL (80.6 per cent), Yang Ming (80.3 per cent) and Cosco (80.0 per cent). At the bottom of the rankings table was MSC, which scored 53.1 per cent.
"Reliability seems to have found a new and improved standard, settling in the 70-80 per cent range in each of the last seven months, about 10-15 points better than the previous long-term average," said Drewry supply chain research manager Simon Heaney.
"Drewry believes that this new normal will last, but that is probably close to the ceiling of what shippers can expect from carriers in the short-to-medium term as most of their attention will go on restoring profitability," he said
OPINION
20 December 2015 - 22:38
Today's container service reliability sets a 'new normal', says Drewry
CONTAINERSHIP reliability was broadly unchanged in November as the average on-time performance across all trades slipped by just 0.8 percentage points against October to 77.2 per cent, reports the American Journal of Transportation.
OPINION
20 December 2015 - 22:38
Today's container service reliability sets a 'new normal', says Drewry
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