Tuesday, September 25, 2012

Container carrier on-time performance drops in August

In August, schedule reliability dropped to 77 percent from July's 83 percent figure on more than 10,000 vessels arrivals. The decline also extended to individual container delivery, where on-time performance worldwide weakened to 64 percent in August from July's 68 percent, according to SeaIntel and INTTRA data.

All top 20 carriers experienced lowered global reliability in August. The top 3 performers in August were Maersk Line, Hamburg Süd and APL, which suffered fairly minor declines in schedule reliability in August.

Even though global reliability declined overall, there were meaningful differences between individual trade lanes. The back haul trade from Europe-to-Asia and the Transpacific routes experienced significant drops, but some trade routes, such as the route from Asia to the Mediterranean, saw better performance in August.

The sharp reduction is seen to be a consequence of poor weather conditions, port issues, and super slow-steaming on main back-haul trade routes.

The SeaIntel Maritime analysis data includes more than 120,000 vessel arrivals, and integrates data from INTTRA, which compiles more than 800,000 container status messages a day.

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