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Container lines' schedule reliability is in "freefall"

Container lines have never been worse at arriving on time than has been the case in 2020, writes Sea-Intelligence. "A plethora of bottleneck problems" factors in, notes the firm.

Photo: Ted S. Warren/AP/Ritzau Scanpix

All the while the world's container lines have so far benefited from soaring rates in 2020, the ships' ability to arrive on time is currently "in freefall," writes Sea-Intelligence.

The analyst firm describes the big drop in schedule reliability in 2020 as a broad problem in the sector, where the world's top container lines across the board have become worse at arriving on time this year.

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