To our valued clients,
Below is an interesting article outlining the continued worldwide effect that congestion is having on shipping schedules.
We know during these last 2 years; every business has struggled to cope with supply chain disruptions. There is not a single trade lane across the globe that has not been affected.
This article paints a very clear picture of the extent of the crisis & the challenges we all face in having stock arrive as it’s required “ON TIME”
- Schedule reliability is now at record lows
- Average schedule reliability has slipped to just 32% on time
- With some shipping line’s schedules performance as low as just 15%
- On time arrivals had slipped a further 12% since 2020
- Average lateness of vessels had increased to 7.33 days
Information & visibility has been never more important. As such we continue to invest in new tools & upgrading our PATHWAY platform to deliver even greater transparency for our clients.
Please feel free to contact us to find out more.
Sincerely
Mike Bourne – Director
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The below article appeared in today’s Daily commercial News
Author: Abby Williams, 28 January 2022
SCHEDULE reliability reached a record low in December 2021, according to a recent analysis from Sea-Intelligence.
The latest Global Liner Performance Report suggests schedule reliability is at the lowest it has been since the intelligence company began measuring the data in 2011.
Global schedule reliability slipped to 32% in December, down 1.2% from November, and down 12.5% from the previous year.
“Despite the low schedule reliability in 2021, there hasn’t been much fluctuation, with the global scores hovering between 32% and 40% for the most part,” Sea-Intelligence CEO Alan Murphy said.
“The average delay for late vessel arrivals increased to 7.33 days; the fifth consecutive month with the delay figure above seven days.”
