Mirroring growing port congestion container line schedule reliability has reversed its gains from earlier in the year.
Analysts Sea-Intelligence Global Liner Performance report shows that container shipping schedule reliability dropped 2.5 percentage points month-on-month in April 2024. This wipes out improvements in February and March and leaves the index just 0.6 percentage points above levels in January this year.
On a year-on-year basis schedule reliability is negative 12.1% points down on the April 2023 as the Red Sea crisis and container ship diversions continue their toll. After an apparent period of normalisation, supply chain disruption is on the rise again with growing port congestion also part of the mix, including at key hubs such as Singapore.
Post time: Jun-14-2024
