A maritime container repositioning yield-based optimization model with uncertain upsurge demand

Eugene Y.C. Wong, Allen H. Tai and Mardjuki Raman

Transportation Research Part E: Logistics and Transportation Review, 2015, vol. 82, issue C, 147-161

Abstract: The role of container repositioning has become more important under the severe cargo shipping environment, affected by world trade growth, trade imbalance, slow steaming strategy and high container manufacturing cost. Low cost, better routing, and supplying equipment to higher yield cargo become the top criteria. A yield-based container repositioning framework is developed, followed by a constrained linear programming optimizing the container repositioning from surplus to deficit locations. The model incorporated change of destinations of empty containers and adjustment factors handling upsurge demand. The model is applied to optimize daily container repositioning operations with a better route, costs and equipment supply.

Keywords: Empty container repositioning; Shipping network; Trade imbalance; Maritime operations (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (3)

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DOI: 10.1016/j.tre.2015.07.007

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