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

“U.S. Port Update: Investing in the Future” will feature a panel of three industry leaders from the East Coast, Gulf, and West Coast discussing their relative challenges and opportunities.

Zebra gains instant access to complimentary technologies. But first, it needs to integrate a former partner that is 2-1/2 times its size.

The U.S. Army Corps of Engineers issued a final Chief’s Report approving the Jacksonville Harbor Deepening Project, clearing the way for congressional authorization in an upcoming Water Resources Development Act.

Logistics Management Group News Editor Jeff Berman recently caught up with Doug Waggoner, CEO of Echo Global Logistics, a non-asset based freight brokerage company and a provider of technology-enabled transportation and supply chain management services on various topics impacting freight transportation and logistics.

Carloads—at 295,294—were up 7.2 percent annually, and intermodal trailers and containers were up 9.3 at 264,382.

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