Global box carriers increase schedule reliability at slower pace 02/06/23

Global schedule reliability has continued to improve month to month, although the strength of the improvements has declined with each proceeding month, according to Sea-Intelligence.

In April 2023, schedule reliability improved by 1.7% month to month, to 64.2%, up 29.9% year on year. The average delay for late vessel arrivals also continued to decrease, from 0.72 days in March to 4.34 days in April.

Maersk was the most reliable top-14 carrier with a schedule reliability of 70.3%, followed by MSC with 68%, and Evergreen with 67.1%. There were six more carriers with schedule reliability of over 60%.

The remaining carriers all had schedule reliability of 50%-60%. Yang Ming was the least reliable carrier in April with schedule reliability of 52.1%. Only seven of the top-14 carriers recorded a month to month improvement in schedule reliability in April, with Evergreen recording the largest improvement of 4.6%, according to Sea-Intelligence data.

All top-14 carriers recorded double-digit year to year improvements, with Wan Hai recording a 43.5% improvement.

Source: Container News