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Liner schedule reliability hits new low as rates peak

Global liner average schedule reliability hit an all-time low point in August, both in terms of the actual performance levels, as well as in terms of the speed with which performance has declined, according to new analysis from Copenhagen-based Sea-Intelligence, which has been tracking carrier reliability levels since 2011.

Reliability in August across all tradelanes stood at 63.7% meaning less than two out of three ships got to their destination on time, despite the fact that clients were often paying sky-high, record rates for their late deliveries.

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