MOL (America) Inc. announces July-September 2013 intermodal transit on-time performance results
MOL (America) Inc. announced intermodal transit on-time performance results for July-September 2013. MOL’s overall intermodal transit on-time performance was 71% for July-September 2013, for the three origin ports in Asia, to the six inland destinations in the United States. The result is a 1% improvement compared to the previous quarter, the company said in its press release.
The July-September 2013 results by origin/destination are:
Intermodal Transit On-Time Performance
July – September 2013
This indicator measures the on-time performance against the total transit time, including vessel and rail.
MOL performed above the 90% target for Memphis on the PSX, and nearly reached the target for New York. MOL also nearly reached the target for Atlanta on the PCX.
|
Intermodal Transit On-Time Performance July – September 2013 |
||||||||
|
Service |
Origin |
Target |
Atlanta |
Chicago |
Columbus |
Dallas |
Memphis |
New York |
|
PSX |
Cai Mep |
90% |
59% |
71% |
48% |
62% |
95% |
85% |
|
PSX |
Yantian |
90% |
59% |
71% |
48% |
62% |
95% |
85% |
|
PCX |
Shanghai |
90% |
88% |
64% |
53% |
68% |
75% |
29% |
Overall performance was impacted by:
Late arriving vessels. The PCX (seven vessels at least 15 hours late) and PSX (six vessels at least 16 hours late) were impacted by bad weather in Asia.
It should be noted that:
The PSX performance was 74% in July, 81% in August and 56% in September.
The PCX performance was 80% in September after falling from 73% in July to 63% in August.
Our rail performance, measured independently from vessel performance, was 97% in these PSX lanes.
Our rail performance, measured independently from vessel performance, was 89% in these PCX lanes.
MOL will continue to work with our rail partners and address specifics of operation with the terminals to improve our performance. Please note that MOL also reports our vessel on-time performance in a separate quarterly report.
About MOL
Mitsui O.S.K. Lines, Ltd. (MOL) has the world’s largest ocean shipping fleet. Backed by experience and technologies developed over 128 years, MOL moves today’s global economy. MOL operates specialized bulk carriers for iron ore, coal, and woodchips; tankers that transport crude oil and LNG; car carriers; cruise ships; ferries and coastal liners; and containerships that deliver a variety of finished products as part of the largest and most diverse global network of liner and logistics services. MOL (America) Inc. is a wholly-owned subsidiary of MOL.