International Transport Forum to report on impact of late-running containerships on supply chains.
The International Transport Forum at the Organisation of Economic Co-operation and Development has confirmed that it will investigate carrier schedule reliability as part of a new report into the impact of container shipping alliances on the supply chain.
Concerns have been raised by shippers and beneficial cargo owners over recent months about the poor levels of reliability in container shipping.
Global schedule reliability slumped by 8.4 percentage points to 74.5% in 2017, down from 82.9% in 2016, and that deteriorating trend appears to have continued into 2018.
Liner performance hit new lows in the first three months of the year when global schedule reliability fell by 8.1 percentage points compared with the final quarter of 2017, and fell by six percentage points, year on year, according to a report from SeaIntel.
This is an edited extract from a longer article published in Lloyd’s List. Lloyd’s List subscribers can read the full original article via this link: OECD to investigate liner schedule reliability.