Subscribe to our free, weekly email newsletter!


Losing steam?


May 19, 2010

More ships arrived at their destination ports behind schedule last year, according to the latest Container Shipper Insight report issued in April from Drewry Shipping Consultants. According to Drewry, of the nearly 1,600 ships tracked in the last three months of 2009, only 53 percent arrived either on the scheduled day of arrival or a day prior. That was down 7 percentage points from the reliability rate in the first three quarters of 2009 and fell below the historic average, which now stands at 55 percent. Drewry added that the increase in unreliability coincides with an increase in the practice of slow steaming. “These results are especially disappointing as we had expected reliability to improve as a consequence of more slow-steaming, which should in theory help matters by creating a buffer in the schedule,” said Simon Heaney, editor of Freight Shipper Insight and Schedule Reliability Insight. “It seems that carriers are not prepared to put their foot down if they fall behind schedule,” he said.

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Supply chain security provider Freightwatch International has released its semi-annual report on cargo theft in the Asia Pacific region for the first half of 2014, which contains some heartening news for U.S. shippers reliant on trucking, warehousing and retail.

FedEx Ground, a subsidiary of FedEx Corporation, reports today that a decision by a three-judge panel of the United States Court of Appeals for the Ninth Circuit reversed previous rulings by the District Court for the Northern District of Indiana in three class action cases involving mostly former independent contractors for FedEx Ground

More talking remains before the deal is done

The transpacific U.S.-flag carrier has been ranked number one in the ocean carrier category for Logistics Management magazine's Quest for Quality award

This year, the Containerization & Intermodal Institute (CII) will be staging the “Connie” Awards dinner in conjunction with IANA’s Intermodal EXPO in Long Beach

Article Topics

Features · Management Update · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA