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Red Sea diversions hit container line schedule reliability
2024-02-01
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With a comprehensive network of international container shipping services, including LCL and FCL import and export operations, the U-Freight Group notes that Seatrade Maritime News is reporting that whilst 2023 had seen a marked improvement in container line schedule reliability, overall, following the disruption caused to the supply chain during the Covid pandemic, the latest Global Liner Report from analysts Sea-Intelligence showed a 5 percentage points drop in schedule reliability from over 60 percent across some 34 different trades in December 2023.Schedule reliability dropped to 56.8% in December 2023, the second lowest level seen in the year and just 0.4% higher than December 2022, with the drop coinciding with the onset of attacks by Houthi rebels in Yemen on ships passing through the southern Red Sea.The full article can be read here: http://tinyurl.com/yc245w2fFor more information about our ocean freight forwarding and logistics services, please visit the relevant pages of this website or contact your local office, details of which can be seen here: https://www.ufreight.com/en/location