Global schedule reliability decreased by 3.8 percentage points month-on-month (MoM) to 54.4 per cent in June, the highest figure for 2024.
Sea-Intelligence has released issue 155 of the Global Liner Performance (GLP) report, which includes schedule reliability numbers up to June 2024.
This comprehensive analysis looks into reliability in 34 trade channels and over 60 carriers. The following is an overview of the report’s main global findings.
READ: Hapag-Lloyd crowned most reliable carrier in February
According to Sea-Intelligence, this is consistent with the trends witnessed so far in 2024 when global schedule reliability has mostly been between 50 per cent and 55 per cent.
On a year-over-year (YoY) basis, schedule reliability in June 2024 was 9.8 per cent worse. The average delay for LATE vessel arrivals also worsened, rising by 0.04 days MoM to 5.19.
This is currently the month’s third-highest total, surpassing only the pandemic highs of 2021-2022. On a YoY basis, June 2024 was 0.82 days higher.
READ: Schedule reliability sees setback to January levels
In June 2024, Hapag-Lloyd had the highest schedule reliability among the top 13 carriers, with 55.4 per cent, reported Sea-Intelligence.
Another nine carriers exceeded 50 per cent, with the remaining three falling between 40 per cent and 50 per cent. ZIM was the least dependable carrier, with a schedule reliability of 44.4 per cent.
Of the top 13 carriers, seven recorded a MoM improvement in schedule reliability, with Yang Ming recording the highest improvement of 6.1 percentage points.
ZIM recorded the largest MoM decline of 3.3 percentage points.
On a YoY level, only HMM and Yang Ming recorded an increase in schedule reliability, while MSC recorded the largest YoY decline of -18.5 percentage points.
