On service network improvement for shipping lines under the one belt one road initiative of China
Dong Yang,
Kai Pan and
Shuaian Wang
Transportation Research Part E: Logistics and Transportation Review, 2018, vol. 117, issue C, 82-95
Abstract:
This paper aims to reconstruct the shipping service network between Asia and Europe by considering the improvement of New Eurasian Land Bridge rail services and Budapest-Piraeus railway. In particular, to reflect the decision making process in reality, a bi-level programming model is established to maximize the total profit of the liner shipping company in the upper level and meanwhile to minimize the total cost of the shippers in the lower level. Computational experiments considering different scenarios are conducted to obtain the new optimal networks under different cases. Several insightful findings are observed, further leading to useful managerial insights.
Keywords: One belt one road initiative; Shipping network design; Bi-level optimization; Intermodal transshipment (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (22)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:transe:v:117:y:2018:i:c:p:82-95
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DOI: 10.1016/j.tre.2017.07.003
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