HONG KONG: The overall ocean schedule reliability for the third quarter
of 2019 was 75.7%, slightly higher than in the second quarter of the
year, according to intelligence provider CargoSmart.
The peak of on-time schedule reliability was 80.2% in July 2019. It
then dropped to 73.8% in August and remained at a similar level at 73.1%
in September 2019.
Comparing 2019 and 2018, the monthly reliability was higher and
fluctuated less in the third quarter of 2019 compared to the same period
a year earlier.
When looking at the schedule reliability on 25 trade lanes, CargoSmart
said that Intra Middle East, Europe-Middle East, and Intra South America
had the highest schedule reliability in the quarter, with average
reliability of 93.1%, 89.1%, and 88.6% respectively.
When comparing the schedule reliability to the second quarter of the
year, 13 of the 25 trade lanes decreased. The Intra Europe,
Europe-Middle East, and Intra North America had the biggest increases,
while Africa-North America, Africa-Middle East, and North
America-Oceania dropped the most with Intra Africa continuing to have
the lowest quarterly reliability.
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