Shipping schedule reliability improving, but...
According to Drewry's latest carrier performance insight report, shipping service reliability across the three core east-west trades hit a five-month peak in March with an aggregate on-time performance of 64%.
The latest result represents an 8.5 percentage point gain over February and is the second best average (after October 2014) since the start of the new data series in May 2014. The change for the better in March was the consequence of much improved services in the Asia-Europe trade and gradually easing congestion on the US west coast following the resolution of the port labour dispute. In contrast, services on the transatlantic route took a backwards step in the month under review.