Global schedule reliability increased by 4.1 percentage points month on month (MoM) to 54.8 per cent in November 2024.
Sea-Intelligence has released issue 160 of the Global Liner Performance (GLP) report, which includes schedule reliability numbers through November 2024.
READ: Global schedule reliability reaches highest 2024 figure
This thorough analysis looks into reliability in 34 trade channels and more than 60 carriers. The following is a summary of the report’s key global results.
Despite the MoM improvement, schedule reliability in 2024 has stayed primarily between 50 per cent and 55 per cent.
The average delay for LATE vessel arrivals improved, decreasing by -0.43 days MoM to 5.41 days. Despite the improvement, this is the second-highest figure for the month, only surpassed by the pandemic high of 2021.
READ: Maersk remains the most reliable carrier in September
Maersk was the most reliable top 13 carrier in November 2024, with schedule reliability of 61.9 per cent.
There were eight carriers with schedule reliability ranging from 50 per cent to 60 per cent, with the remaining five falling between 47 per cent and 50 per cent.
Wan Hai has the lowest schedule reliability (47.3 per cent). In November 2024, the difference between the most and least trustworthy carriers was less than 15 percentage points.
All of the top 13 global carriers improved their schedule reliability month after month, with PIL having the biggest rise of 14.6 per cent points.
On a year-over-year basis, only Yang Ming improved, while six carriers had double-digit decreases.
In October 2024, Sea-Intelligence reported that global schedule reliability increased by 0.9 percentage points month on month (MoM) to 51.5 per cent.
