Drewry: Shipping Reliability Hits New High

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Container service reliability across the three main East-West trades reached a new high in September, 2015 rising by 6.5% over August to a new record of 79.9%, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.

The improvement witnessed in September, 2015 was the largest month-on-month rise since March, 2015, driven by greater reliability in the Transpacific and Asia-Europe trades that more than offset a lower on-time result in the Transatlantic.

The on-time average of Transpacific services rose by 11.7 points to 78.6%, the best performance recorded for the trade since the start of the data series in May 2014.

Compared to September 2014, reliability for the Transpacific is up by 13.2 points. In the Asia-Europe trade, reliability improved by 4.3 points against the previous month to a second-best monthly performance of 81.2%. Year-on-year Asia-Europe reliability is up by a huge margin of 21.3 points.

The only negative for the month was the performance of services in the Transatlantic route, which slipped by 2.3 points month-on-month to 72% in September, 2015. The annual comparison for the trade is also unfavourable, down by 6.9 points.

After a two-month break Maersk Line returned to the top of the carrier reliability rankings in September, 2015 with an on-time average across the three trades of 86.9%. The Danish mega-carrier has claimed top spot in 15 out of the last 17 months.

A further sign of the overall improvement in reliability spreading across the industry is that eight of the 19 carriers tracked achieved a reliability rating of over 80%.

Simon Heaney, Senior Manager of Supply Chain Research at Drewry, said: “The steady improvement in reliability seen through 2015 is very welcome news for shippers, who at the same time are the beneficiaries of very low freight rates.

“Operational changes to services for the traditionally slower-volume Q4 has the potential to disrupt the improving reliability trend, but we expect results over the next few months to only be marginally down on September’s peak.”

PTI previously reported that shipping service reliability had increased across the three key East-West trades by 5.7% which led to a record of 77.3% reliability in June, 2015.

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