The application allows shippers and logistics services providers to view schedule reliability rankings in the sailing schedule search results screen so that users can quickly compare services and select the schedules that are the best fit for their supply chain planning.
“Expanding ocean carrier alliances, skipped sailings, and slow steaming to conserve fuel are causing an increase in vessel schedule changes,” CargoSmart said in a statement. “Visibility to schedule reliability along specific routes provides transparency for shippers and logistics service providers to benchmark their carriers’ on-time performance.”
SSM+ includes sailing schedule information for 27 ocean carriers and schedule reliability information for the top 30 ports, more than 250 port pairs, 20 leading ocean carriers, more than 12,000 vessel schedules, and more than 200 services each month along four major trade lanes — Asia-Europe, intra-Europe, the transalantic, and transpacific.
CargoSmart’s schedule reliability data is updated weekly.
“When on-time performance is paramount, CargoSmart’s application empowers our customers to select the services that best meet their needs,” said Wan Min, managing director and director of the board of COSCO Container Lines Co., Ltd. “We are impressed with CargoSmart’s sailing schedules and the schedule reliability results that reflect the on-time historical performance of our vessels.”
The SSM+ schedule reliability measurement uses a new, defined methodology for calculating on-time performance. The application uses a designated timestamp for each port pair, based on an event-driven system architecture, to determine carriers’ port-to-port reliability performance.
“We collect and analyze schedule information from multiple sources including, but not limited to, the data ocean carriers provide,” said Angela Tsang, head of product design and marketing of CargoSmart. “The new schedule reliability methodology measures carriers’ operations in a neutral manner, enabling customers to save time managing big data to have a clearer view of carrier performance.”
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