In February, overall freight activity fell sharply during the month, and despite the best monthly increase in the global container service schedule in 12 years, the situation on the trans-Pacific trade lane was mixed, with US West Coast services deteriorating and East Coast services improving.
imports from Asia to the U.S. West Coast fell 37.2 percent year-on-year to 580200 TEUs in February, reliability is still falling. The reliability of flights across the Pacific to the U.S. East Coast rose 3.5 percentage points in February to 39.2 percent, the highest level since August 2020. "
The Marine Intelligence Maritime Analysis Company (Sea-Intelligence Maritime Analysis) liner performance report shows that the reliability of the north-south trade route has improved the most. Container services from South America to Northern Europe increased by 12.3 percentage points in February, while South America to North America trade increased by 10.8 percentage points. As ship capacity weakens, ocean carriers such as CGM have been adding ships for trade north-south to the United States.
the reliability of shipping schedules from Asia to the West Coast fell to 30.2 percent in February from 34.2 percent in January, according to Sea-Intelligence data. The shipping schedule reliability of the world's busiest trans-Pacific trade route remains well below the global average, and the performance of the West Coast has continued to deteriorate recently. It was the lowest reading for the reliability of a West Coast timetable since 28.8 per cent last August and runs counter to global trends.
Marine intelligence agency data show that the global ship in February scheduled arrival time in a day to arrive at the punctuality rate of 60.2, up from January 7.7, is since 2011, the monthly performance of the largest increase.
this is the world's best on-time performance since August 2020, when the on-time rate reached 63.7 percent. According to Sea intelligence, global performance reliability has been on the rise since December 2021, when it hit a 31.7 percent 12-year low.
Forwardernet.com