PRESS ROOM

With our comprehensive portfolio of ocean freight forwarding services around the globe, the U-Freight Group (UFL) notes that in its latest update, Sea-Intelligence reports that schedule reliability in December 2022 improved slightly by 0.1 percentage points to 56.6 per cent compared to the previous month.

Alan Murphy, CEO, Sea-Intelligence, said "the rapid increase in schedule reliability that we have been seeing in the second half of the year has abated somewhat. On a year on year level, however, schedule reliability was up by 24.8 percentage points.

"The average delay for late vessel arrivals had been dropping consistently since the turn of the year. In December 2022 however, average delay increased slightly, by 0.34 days month on month and reached 5.43 days."

Sea-Intelligence reported that MSC was the most reliable top-14 carrier in December with 63.3 per cent, followed by Maersk with 60.1 per cent. The next 10 carriers recorded schedule reliability between 50 per cent and 60 per cent, with only Yang Ming and ZIM recording schedule reliability of under 50 per cent, at 47.7 per cent and 47.2 per cent, respectively.

Ten of the top-14 carriers recorded a month-on-month improvement in schedule reliability in December 2022, while MSC recorded no change, and three carriers recorded a decline. Yang Ming recorded the largest increase of 5.3 percentage points, while Zim recorded the largest month-on-month decline of -6.1 percentage points. All carriers recorded double-digit year-on-year improvements though.

You can find more information about the U-Freight Group’s ocean freight services on this website or by speaking to your usual contact in our company.