Ocean cargo carrier performance gaps outlined in new report

A major a portal-based ocean cargo technology provider, has announced the publication of a new “reliability report.”

By ·

A major a portal-based ocean cargo technology provider, has announced the publication of a new “reliability report.”

According to spokesmen for INTTRA, the report combines on-time performance with schedule reliability measures.

As reported in LM last month, shipping analyst SeaIntel has partnered with INTRAA to produce a monthly report on key ocean carrier reliability measures.

“For the first time shippers can now analyze actual container delivery time versus vessel arrival time on a country-by-country level,” said Lars Jensen, CEO of SeaIntel Maritime. “This is a game changer in how shippers can evaluate carrier performance and make more informed decisions on how their freight is moved. While knowing when the vessel arrives is an indicator of on-time arrival, what’s most important to a shipper is how timely their cargo is moving.”

Jensen added that with this report, shippers now have timely information, at a level of detail that makes it actionable.

With an average of 900,000-1,000,000 container status messages processed daily supporting transactions that represent over 18 percent of the world’s total container shipments, INTTRA’s data provides visibility into on-time performance measurements. The results of trade lane analysis, which compared vessel arrival reliability based on SeaIntel’s measurements with the actual container delivery reliability based on INTTRA’s data, identified a significant gap between these performance measures.

“The tendency is to look exclusively at the carriers when discussing shipping performance reliability,” said Ken Bloom, CEO of INTTRA. “The information captured through INTTRA enhances performance conversations and can be used to identify more precisely where improvements may need to be made. We hope that by providing the industry with consistent, easily accessible and reliable performance information, we will be able to solve reliability challenges and begin to work on other industry improvements.”

Brian M. Conrad, executive administrator of the Transpacific Stabilization Agreement, told LM that ocean carriers also understand that visibility and reliability are key elements of the supply chain value proposition.

“Carriers have developed their own internal schedule integrity metrics for multiple reasons,” he said. “They broadly recognize the competitive benefits of improved schedule reliability. Beyond that, they need to understand internally how their particular service configurations and business processes affect schedules, space, equipment and other service elements. And they need identify choke points and solutions across the entire operation, alongside perspectives from individual accounts and third parties.”

Conrad also recently praised a ocean carrier performance report issued by The U.S. Department of Agriculture.

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [email protected]

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!

Article Topics

Ocean Cargo · Ocean Freight · Trade · All Topics
Latest Whitepaper
Warehouse Management Systems (WMS) / Inventory Management Technology: 6 Trends for the Modern Age
Here’s how the next generation of warehouse and inventory management systems are evolving to help logistics operations operate more efficiently and improve their bottom lines in our brave, new digital age.
Download Today!
From the March 2018 Logistics Management Magazine Issue
We know e-commerce is reshaping logistics, but what are the technologies savvy managers can leverage to meet evolving requirements and shifting operational constraints? We’ve rounded up insights from leading analysts to share tools that are available now as well as what’s on the horizon.
Reverse Logistics in the “Age of Entitlement”
Logistics Management’s Viewpoint on E-commerce: Leveraging available tools
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Securing IoT data across the connected supply chain
Learn why a holistic approach to IAM is the most effective way to govern access to your systems and information requested by your partners, vendors, customers, and connected devices.
Register Today!
Evolution of E-commerce: The possibilities of tomorrow
We know e-commerce is reshaping logistics, but what are the technologies savvy managers can leverage...
State of Global Logistics: Delivering above and beyond
Industry experts agree that costs across all sectors worldwide will continue to rise in 2018, and...

2018 Rate Outlook: Economic Expansion, Pushing Rates Skyward
Trade and transport analysts see rates rising across all modes in accordance with continued...
Building the NextGen Supply Chain: Keeping pace with the digital economy
Peerless Media’s 2017 Virtual Summit shows how creating a data-rich ecosystem can eliminate...