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Carriers note reliability setback in July

The major container carriers' schedule reliability suffered a setback in July after noting steady improvements in the first six months of the year. Drewry projects increased reliability following the expansion of the Suez Canal.

Photo: Hanjin

Schedule reliability among the world's 20 biggest container carriers on the three key East-West trades experienced a slight setback in July. This developments marks the first decline in six months, and is primarily attributed to lower reliability on Asia-Europe and the Transpacific, reports Drewry in the analyst agency's Carrier Performance Insight newsletter, which tracks the carriers' ability to arrive and depart on time.

The container carriers' combined schedule reliability dropped four percentage points from June, to a total 73.3 percent in July. However, this was still better than the carriers' reliability performance in the same period last year, which clocked in at a mere 59.0 percent.

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