Container line schedule reliability is continuing to improve returning to pre-pandemic levels according to analysts Sea-Intelligence.
Marcus Hand | May 09, 2023
After a dramatic 7.7 percentage points increase in reliability between January and February this year global container line schedule reliability was up a further 2.4 percentage points in March to reach an average of 62.6% in SeaIntel’s latest Global Liner Performance Report. The report covers over 60 lines on 34 different trades.
The analyst said the March 2023 figure was on a par with the same month in 2020. The end March 2020 saw large numbers of countries entering Covid lockdowns with the onset of the global pandemic that was to lead to widespread supply chain disruption.
Related: Container line schedule reliability improves dramatically in Feb
Supply chain congestion has improved tremendously over a year ago when container line schedule reliability was some 26.8 percentage points lower at 35.8%.
Of the top 14 container lines Maersk was the most reliable with a figure of 68.6%, followed by MSC with 67.7%. All 14 carriers had a schedule reliability level over 50%.
Yang Ming was the least reliable carrier with schedule reliability of 53.4%.
Copyright © 2023. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited.
Reference: https://www.seatrade-maritime.com/containers/container-line-schedule-reliability-returning-pre-covid-levels