Global schedule reliability increased by 0.9 percentage points month on month (MoM) to 51.5 per cent in October.
Sea-Intelligence has issued the 159th edition of the Global Liner Performance (GLP) report, which covers schedule reliability through October 2024.
This comprehensive investigation looks into reliability in 34 trade channels and over 60 carriers. The following is an overview of the report’s main global findings.
READ: Schedule reliability sees setback to January levels
So far in 2024, schedule reliability has mostly remained between 50 per cent and 55 per cent. However, although being disappointingly low, the low levels of fluctuation in schedule reliability in 2024 provide shippers with a rather solid indication of what to expect MoM.
The average delay for LATE vessel arrivals reduced by -0.14 days per month to 5.72 days, reported Sea-Intelligence. This is the month’s second-highest total, after only 2021’s pandemic peak.
READ: Global schedule reliability reaches highest 2024 figure
Maersk was the most reliable top-13 carrier in October 2024, with a schedule reliability of 57.9 per cent, followed by MSC at 52.0 per cent.
According to Sea-Intelligence, 10 of the remaining 11 carriers were in the 40 per cent – 50 per cent range, with PIL being the least trustworthy at 37.2 per cent.
In October 2024, eight of the top 13 carriers improved their schedule reliability MoM. Wan Hai saw the greatest rise of 5.4 percentage points, while ZIM saw the most decrease of 3.5 percentage points.
On a year-over-year (YoY) basis, none of these carriers increased, while 12 of the top 13 carriers had double-digit reductions.
In September, Sea-Intelligence reported that Maersk was the most reliable top 13 carrier, with a schedule reliability of 55.5 per cent.
