News in Brief Podcast | Week 11 | Ocean rates down, uncertainty up
In this episode of The Loadstar’s News in Brief Podcast, host and news reporter Charlotte Goldstone ...
Ocean carrier schedule integrity may be improving, but last-minute blanking of advertised sailings is, arguably, the cause of more delays in supply chains than from late-running ships.
According to the latest Sea-Intelligence survey, global liner service schedule reliability has improved to over 50%, from an all-time low last year, of just one-third of vessels arriving at destination ports on time.
There is still a long way to go to get back to the pre-pandemic schedule reliability levels of around 80% arriving on ...
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Comment on this article
Gary Ferrulli
March 13, 2023 at 4:49 pmVery different conditions: to revamp the network makes it permanent for a period and then requires transitioning back “normal” flows and patterns when the market returns. Blanking is a temporary removal to reflect conditions for that week and requires no extended operational changes. It reflects the carrier’s belief that the market will return to normal flows in a short period.