Global schedule reliability has dropped by 2.1 percentage points month-on-month (MoM) to 52.1 per cent in July.
Sea-Intelligence has issued the 156th edition of the Global Liner Performance (GLP) report, which covers schedule reliability through July 2024.
This investigation looks into reliability in 34 trade channels and over 60 carriers. The following graph is an overview of the report’s main global findings.
READ: Schedule reliability continues to decline
According to Sea-Intelligence, schedule reliability in July is almost at the same level as it was at the start of the year and is keeping in line with the trends seen so far in 2024, with reliability largely within 50 per cent – 55 per cent.
On a year-on-year (YoY) level, schedule reliability in July 2024 was 12.0 percentage points lower. The average delay for LATE vessel arrivals improved, albeit marginally, decreasing by -0.02 days M/M to 5.24 days.
This amount was only surpassed by the pandemic peak in 2021-2022. On a year-over-year basis, July 2024 was 0.63 days higher.
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Maersk was the most reliable top 13 carrier in July 2024, according to Sea-Intelligence’s analysis, with schedule dependability of 54.6 per cent. Another three carriers exceeded 50 per cent, with the other nine falling between 40 per cent and 50 per cent.
Wan Hai was the least dependable carrier, with a reliability rate of 41.3 per cent. Only ZIM and MSC saw an MoM gain in schedule reliability in July 2024, while Wan Hai experienced the highest and only double-digit decrease of -11.6 percentage points.
On a YoY level, none of the carriers recorded an increase in schedule reliability, with Yang Ming recording the smallest decline of -5.2 percentage points and Wan Hai recording the largest YoY decline of -27.4 percentage points.
