Management Science Letters (Jun 2013)
Container repositioning management in liner shipping industry
Abstract
Managing empty containers in shipping industry plays an important role to increase the profitability on marine shipping industry. This paper presents an empirical investigation to detect influential factors in container transportation and estimates the value of empty containers transportation. The study also evaluates and compares different strategies employed to reduce the charge of empty container transportation. By selecting three major passages including Trans-pacific, trans-Atlantic and Europe-Asia and considering the balance in transportation network, regardless of the origin of shipping companies, an optimistic estimation of empty container transportation would be possible; therefore, empty container transportation could be explained, quantitatively. Furthermore, since shipping companies organize the movement of containers in various routes, four different strategies are also proposed.
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