PUBLISHER: Splash247 (www.splash247.com)
Logistics giant Kuehne+Nagel has developed a new key performance indicator (KPI) which underscores today’s super-stressed container shipping situation.
Kuehne+Nagel’s digital platform seaexplorer has developed a unique Global Disruption Indicator, which tallies the cumulative teu waiting time in days based on container vessel capacity in disrupted hot spots. The specific hot spots covered include Los Angeles, Long Beach, Seattle, Vancouver, Prince Rupert, Oakland, New York, Savannah, Hong Kong, Shenzhen, Shanghai, Ningbo, Rotterdam and Antwerp.
North American ports are responsible for approximately 80% of global disruptions
The teu waiting days (TWD) indicator works whereby, for example, one vessel with a 10,000 teu capacity waiting 12 days equals 120,000 teu waiting days.
As of yesterday the total teu waiting time at the hot spot port areas covered by seaexplorer stood at a staggering 11.56m days.