Liner Schedule Reliability Hits New Low as Rates Peak

Global liner average schedule reliability hit an all-time low point in August, in terms of both actual performance levels and the speed with which performance has declined, according to new analysis from Sea-Intelligence. Reliability in August across all tradelanes stood at 63.7%, meaning that less than two out of three ships got to their destination on time, despite the fact that clients were often paying sky-high, record rates for their deliveries. Sea-Intelligence has detected a gradual decline in global reliability since 2015, but this recent measurement is below that overall long-term trend.

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Source: CIFFA (06-10-2020)

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