MSC renews lease for terminal operating subsidiary at Port Everglades until 2034
MSC has cemented its presence at US east coast gateway Port Everglades, yesterday signing a ...
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By Mike Wackett
Ocean carrier schedule reliability is heading towards a new two-year low point, opening the way for the launch of more niche express premium services.
The latest on-time schedule analysis from CargoSmart reveals the decline in scheduling integrity in liner shipping.
The “blinkered” carrier focus on reducing costs prohibits ships’ masters from increasing vessel speed to mitigate the impact of bad weather and port delays on the published schedule.
CargoSmart’s first-quarter performance review of 22 ocean carriers across 12 tradelanes records a further 1.6% ...
Comment on this article
Gary Ferrulli
April 26, 2018 at 4:35 pmYou get what you pay for. Rates continue to erode in major trades below 2017 levels, so the Hanjin collapse respite is gone and carriers revert to chasing market share through rate actions. And with fuel prices increasing steadily and more than 30% higher than a year ago, not a lot of incentive to speed up the ships as shippers for the vast majority of shipments, don’t pay for that changing dynamic, as they do in US domestic trades with truckers.