New data from FourKites’ supply chain visibility platform suggests that the frequency of delays in over-the-road shipments to or from the UK is declining, as is the average time taken to get in or out of the UK.
It seems that these delays plateaued throughout 2021, starting to dip at the beginning of 2022, with the number of shipments delayed dropping below the 50% mark for Q2 and Q3. The average number of shipments that faced delays entering or leaving the country in Q3 of 2022 stands at 41%.
Similarly, road transport speed in and out of the UK has risen from a low of 3.6 mph in early 2021, after the end of the transition period, to 5.3 mph in Q3 of 2022. FourKites attributes the dip in delays to the success of companies’ strategies to adapt their supply chains.
Source: logisticsmanager.com