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Container line schedule reliability improves dramatically in Feb

Photo: Maersk Maersk_box_crane.jpg
A Maersk branded container being moved by a crane.
Maersk and MSC topped schedule reliability among container lines in February according to analysts Sea Intelligence.

With the easing of supply chain congestion container line schedule reliability is seeing dramatic improvements across the board.

SeaIntel’s Global Liner Performance Report showed a 7.7% increase in schedule reliability between January and February this year to reach 60.2%. Year-on-year schedule reliability was up 26% on the same month in 2022. The report covers over 60 lines on 34 different trades worldwide.

Of the top 14 carriers the most reliable were Maersk and MSC with 64.9% and 64.4% schedule reliability respectively. Hamburg Sud, a brand that is set to disappear and become a part of Maersk, was the only other carrier to manage schedule reliability of over 60%.

The remaining 11 top 14 carriers all had schedule reliability in the 50 – 60% range, with the least reliable line being ZIM with a 52% schedule reliability.

“On a year-on-year level, all carriers recorded double-digit improvements in schedule reliability in February 2023, with Wan Hai recording the largest improvement of 36.2 percentage points,” noted SeaIntel CEO Alan Murphy.

 

TAGS: Asia Europe