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Market Information--Container Liner Punctuality Rate Keep falling
Market Information--Container Liner Punctuality Rate Keep falling Market Information--Container Liner Punctuality Rate Keep falling Market Information--Container Liner Punctuality Rate Keep falling Market Information--Container Liner Punctuality Rate Keep falling

Market Information--Container Liner Punctuality Rate Keep falling

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Market Information--Container Liner Punctuality Rate Keep falling

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Container Liner Punctuality Rate Keep falling

 

According to a new report by sea-Intelligence, an international shipping consultancy, container ship punctuality has fallen to a new low and is getting worse.

Shippers are receiving declining service at a time of record freight rates, and container ship schedules around the world have reached unprecedented lows, potentially exacerbating tensions between shipping lines and their customers.

According to sea-Intelligence, the reliability of shipping schedules on container liners around the world fell to 56 per cent in September, with the average delay on ships around the world approaching five days.

The on-time rate for Asia-U.S. West Coast routes was 46.7 percent, down from 62.2 percent in August and down sharply from 86.7 percent in June.

 

Asia-US East Coast liner companies did not fare much better, with 49 per cent of their lines reliable in September, down 11.7 per cent from August and 38 per cent from June.

 

Meanwhile, the percentage of scheduled flights on Asia-Europe trade routes fell 10.4 percentage points from August to 69% in September, down from a high of 91.6% in June. The punctuality rate for Asia-Mediterranean routes was 68.5%, down from 86.5% in June.The reliability of the September return route from Europe to Asia was 55.8 per cent, down from 70.8 per cent in August.

The worst was the route between Asia and Oceania, where schedule reliability fell by 30 per cent, with only two-thirds of ships arriving on time.

 

In addition, according to the first phase of the latest data released by the Shanghai Shipping Exchange, the global trunk lines arrival and departure/delivery on schedule rate index, compared with the previous period is also basically showed a downward trend.

While liner service levels are down and rates on major east-West routes remain high, high freight rates and poor service levels are testing shippers' patience.

 

In addition, with the gradual recovery of the global economy and the surge of trade volume after the lifting of the blockade, shipping companies' capacity cannot meet the sudden increase in demand, resulting in high freight rates and difficulty in booking space. In addition, many foreign ports are also congested and delayed, and it is not difficult to imagine the decline in the service level of liner companies.

In the fourth quarter of this year, the shortage of container equipment still needs to be solved urgently.Despite liner companies' assurances to shippers that necessary steps have been taken to improve the availability of containers, their container scheduling strategies still lack transparency.For shippers and customers, high freight rate and low customer experience is the main problem of contradiction.



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