FourKites data shows situation at European ports more stable than the US

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Data shared by the supply chain visibility provider FourKites has shown that the situation at European ports in the last 3 months of 2021 was more stable compared to those in the USA. However, the figures also reveal the picture in Europe is far from being a rosy one.

FourKites data shows situation at European ports more stable than the US
Photo: pxfuel.com

Among the key stats shared by FourKites are the average dwell times at European ports, which at the port of discharge (POD) were 122 hours in the last quarter of last year – 8% down on 2021 as a whole. As for the port of loading (POL), there was nonetheless a dwell time of 217 hours – 9% up on the 2021 average.

By comparison, the POD dwell times at US ports in the same period were 167 hours – 4% above the 2021 average, while POL dwell times were 199 – 2% below the 2021 average.  When it comes to the two major Californian ports of LA and Long Beach, POD dwell times were as long as 240 hours (6% up compared to the average in 2021). Meanwhile, POL dwell times at the two ports are 311 hours (4% up on the 2021 average).

The full set of key port insights from FourKites on ports in Europe, the US and China are as follows:

European port highlights — last 3 months vs. 2021 average

  • Average dwell time at POD is 122 hours (down 8% on the year) and 217 at POL (up 9% compared to 2021 average)
  • On-time percentage at POD is 19% (down 2% compared to 2021), and on-time % at POL is at 61% (up 8% on the year)
  • Delayed shipments at POD are at 81% (up 6% compared to 2021 averages), and delayed shipments at POL are at 17% (up 3% on the year)

US port highlights — last 3 months vs. 2021 average (and vs. total pandemic average)

  • Average monthly dwell time at US ports: For the last 3 months, we’re seeing average dwell of 167 hours [7 days] at the point of discharge (POD), an increase of 4% on the year (21% over the average since the start of the pandemic). At the point of loading, we’re seeing average dwell time of 199 hours [8 days], a 2% dip over the annual average (and up 4.5% from the average since the start of the pandemic).
  • On-time percentage of shipments at US ports: We’re seeing a nearly 25% rate of on-time shipments at POD — a 12% drop from the annual average (15% drop compared to the average since the pandemic started). And at POL, we’re seeing a 62% on-time rate, 8% down from the 2021 average (and 13% down from the average since the pandemic started).
  • Percentage of delayed shipments: For the last 3 months, we’re seeing 74% of shipments delayed at POD (up 12% from the annual average, and up 15% from the average since the start of the pandemic); and 10% of shipments delayed at POL (up 13% from the annual average, and up nearly 30% from the start of the pandemic).

And we continue to see increases in dwell and delays at the Ports of Long Beach and LA:

  • Together, average dwell time at POD is 240 hours (up 6% from the 2021 average, and up 27% from the average since the start of the pandemic), while average dwell at POL is 311 hours (up 4% compared to the 2021 average, and 12% compared to the avg. since the start of the pandemic)
  • On-time percentage is at 29% at POD (down 28% compared to the 2021 average, and down 9% compared to the avg. since the start of the pandemic), and 31% at POL (down 48% compared to the 2021 average, and down 47% compared to the avg. since the start of the pandemic)
  • Delays at POD are almost 70% (up 39% compared to the 2021 average, and up 20% compared to the avg. since the start of the pandemic), and 14% at POL (down 32% compared to the 2021 average, and down 16% compared to the avg. since the start of the pandemic).

China port highlights — last 3 months vs. 2021 average

  • On the whole, we haven’t seen much change in dwell time over the last 3 months compared to the annual average
  • On-time percentages have seen big jumps, though. At POD, we’re seeing on-time percentages of 20% (a jump of 156% compared to the annual average), and 73% at POL (61% above the annual average)
  • Delays at POD are at 79% (12% below the annual average), while delays at POL are at almost 5% (7% above the annual average)

General FourKites Stats

  • In 2021, FourKites saw 105% growth in total shipments, with 5X growth in ocean volume. We tracked over 112 billion miles and computed over 5 billion estimated times of arrival
  • 1,000+ shipper customers, tracking 2.5M loads daily

Photo: pxfuel.com

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