Sea-Intelligence’s latest Global Liner Performance (GLP) report (Issue 160) reveals key insights into schedule reliability trends for November 2024. The data encompasses 34 trade lanes and over 60 carriers.
Key Takeaways
- Global Schedule Reliability:
- Increased by 4.1 percentage points month-over-month (M/M) to 54.8%, the highest level recorded in 2024.
- Despite the improvement, reliability has remained within a tight 50%-55% range throughout 2024.
- Delays for Late Arrivals:
- Improved by -0.43 days M/M, reducing to an average delay of 5.41 days.
- This figure remains historically high, second only to the pandemic peak of 2021.
Carrier-Specific Performance
- Top Performers:
- Maersk ranked as the most reliable carrier, achieving 61.9% schedule reliability.
- 8 carriers had reliability scores in the 50%-60% range.
- Least Reliable Carrier:
- Wan Hai recorded the lowest schedule reliability at 47.3%.
- Improvement Trends:
- All top 13 carriers showed M/M improvements in reliability.
- PIL led with the largest M/M increase of 14.6 percentage points.
- Year-Over-Year (Y/Y) Trends:
- Only Yang Ming recorded a Y/Y improvement in reliability.
- 6 carriers experienced double-digit declines in Y/Y reliability.
The liner industry saw modest but significant gains in schedule reliability for November 2024, with improvements across all major carriers. While Maersk continues to lead, the narrowing gap between the most and least reliable carriers highlights a llevellingtrend in service consistency. However, high delay averages and uneven Y/Y performance underscore persistent challenges in achieving pre-pandemic reliability levels.
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Source: SEA INTELLIGENCE
