During the month, on-time performance for the 10 trade lanes covered in Drewry’s Carrier Performance Insight report rose to 76 percent, a 4.1 point improvement from April.
Although eight of these ten routes experienced month-over-month increases in on-time performance, the Asia-Africa and Asia-South America routes had declines.
Meanwhile, the Transpacific trade felt the largest boost in on-time performance from April, rising 9.8 points to 76.3 percent.
In terms of carrier performance, OOCL of Japan was the most dependable container shipping carrier in April with an on-time average of 81.1 percent, followed by Taiwanese liner carriers Wan Hai (81.01 percent) and Evergreen Line (80.3 percent).
“Service reliability is on a steadily improving path and is close to the heights reached in the second-half of 2015,” Drewry Supply Chain Research Senior Manager Simon Heaney said. “We expect the trend to continue through the next few months as carriers put reliability close to the top of their marketing.”
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now