Carrier Reliability Up in May
Image Courtesy: POLBCarriers’ overall on-time schedule reliability improved 4.7%, increasing from 58.6% in April 2017 to 63.3% in May 2017, according to the latest data provided by intelligence provider CargoSmart.
Regarding schedule reliability by trade, 10 of the 12 trades improved from April 2017 to May 2017. The trans-Atlantic trade experienced the largest improvement in reliability, rising by 21%, from 47.2% in April 2017 to 68.2% in May 2017.
The North America-Oceania trade had the highest reliability in both April and May 2017, with 88.7% and 94.4% reliability respectively. The two trades with decreasing schedule reliability were Asia-Africa and Asia-Middle East, dropping by 6.5% and 0.9%, respectively.
From the port of discharge by region perspective, the Oceania region continued to rank the highest with 85.6% reliability in May 2017. Africa had the lowest reliability, which descended dramatically by 20%, from 66.3% in April 2017 to 46.3% in May 2017.
Most of the carriers experienced varying degrees of improved schedule reliability from April 2017 to May 2017. The top five most reliable carriers in May 2017 were: MCC, CCNI, Safmarine, ANL Container Line, and CMA CGM, with an average on-time performance of 78.1%, 74.7%, 71.7%, 68.5%, and 68.2%, respectively.
NYK, OOCL, and Hapag-Lloyd showed the most improvement in schedule reliability with 12.4%, 12.3%, and 10.2% increases from April 2017 to May 2017.
