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Logistics

Global schedule reliability drops to 51.4%

10 Nov 2024 - by Staff reporter
 Source: Sinay
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Maritime consultant Sea-Intelligence has released its latest Global Liner Performance (GLP) report, which shows that schedule reliability dropped to just over 51% in September.

The report, which covers schedule reliability across 34 different trade lanes and more than 60 carriers, reflected a -1.2 percentage point month-on-month (m-o-m) decline to 51.4%.

“While schedule reliability in 2024 has stabilised within the 50%-55% range, it’s been on a slight downward trend since the May peak. The low levels of volatility in schedule reliability in 2024 do give shippers a relatively good idea of what to expect month-on-month,” Sea-Intelligence noted in a statement.

According to the report, the average delay for late vessel arrivals increased by 0.21 days m-o-m to 5.67 days. This is the third-highest figure for the month, only surpassed by pandemic highs of 2021-2022.

Maersk was the most reliable top-13 carrier in September at 55.5%, followed by CMA CGM (50.9%). They were the only two carriers above the 50% mark. The remaining 11 were all in the 40%-50% range.

Wan Hai was the least reliable, with 40.4% schedule reliability.

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