Last month’s rollover rates published by project44 indicate that maritime supply chain woes are worsening, with little indication that carriers are addressing the industry’s serious capacity issues.
“Carriers have been watching their rollover rates increase for over a year, and have so far failed to mitigate the situation,” says Josh Brazil, VP of ocean markets. “Shippers need to accept this as the new reality. They are going to have to start making structural adjustments to their supply chains and enhance their visibility if they want to keep shelves stocked and factories running.”
- Data from ports across the world collected by project44 shows that the percentage of containers missing their scheduled sailing is still rising, with some major carriers and ports posting rollover rates over 50% for the month of April.
- While the average rollover rate for April across all surveyed ports and carriers was 39%, individual ports that account for a significant portion of maritime cargo posted even worse results.