(Mike Wackett – The Loadstar)
Container shipping schedule reliability on the three main east-west trade lanes fell to a record low of 48.6% in January, according to Drewry’s latest Carrier Performance Insight report, as US west coast port congestion and the bedding in of new alliance services took their toll on vessel on-time performance levels.
Simon Heaney, senior manager of supply chain research at Drewry, said the analyst had anticipated some decline in reliability in view of the new alliance formations and the impact of port congestion on the US west coast but added that the extent of the decline – more than 9% worse than in December – “is particularly disappointing”.
Notwithstanding the disruption on the transpacific, which saw schedule reliability dip to just 36%, Drewry’s analysis of 7,697 Asia-Europe voyages in January revealed a 10 percentage-point slump in schedule integrity to 54% – its worst performance since August of last year. Click here to read more.