With the January 2024 Global Liner Performance now published, we analysed the 2023-FY schedule reliability in issue 649 of the Sunday Spotlight. Annual global schedule reliability improved by 19.5 percentage points (PP) from 42.6% to 62.1% to 2023. Despite the sharp improvement, it only reached the level of 2020, and still below the 70%-80% of 2012-2019. What is concerning however, is that schedule reliability has declined M/M the entire Q4, and we are likely to see a similar impact for January 2024 due to the Red Sea Crisis. This should be temporary though, once the additional transit time is accounted for in the carriers’ schedules, we will potentially see an improvement in schedule reliability. Lastly, the crisis came too late to have any significant impact on average delay, which improved from 6.38 to 4.83 days in 2023-FY. (....)