Ship and container reliability continues decline

Weaker performance in the Asia trades to and from Europe and the Middle East/Indian Subcontinent contributed to a quarter-on-quarter decline of 1.4% to 69.5%, reports the latest Carrier Performance Insight.

This marks the third quarter in succession in which ship and container reliability have declined, with on-time performance at its lowest since 2011 (61.1%). Compared to the same quarter in 2012, the 2013 result was down by 1.5%.

Data derived from e-commerce platform provider CargoSmart reveals that while shipments from the origin port were no worse than in the second quarter, the delays in cargo availability at destination ports were caused by lengthier than scheduled transit times at sea.