Schedule reliability among container lines drops to historic low
August represented a historic low point for container carriers' schedule reliability. Only three out of ten container vessels – or 33.6 percent – managed to deliver goods on time, according to new figures from Sea-Intelligence. Reliability hasn't been lower in the ten years the analyst firm has monitored reliability.
by DAG HOLMSTAD
While freight rates, earnings and demand for shipments of goods across the seas in the past year have been roaring ahead, container carriers' ability to deliver goods to customers on time has conversely plummeted.
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