Managing Empty Containers

Y. H. Venus Lun (), Kee-hung Lai (), T. C. Edwin Cheng () and Dong Yang ()
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Y. H. Venus Lun: Logistics and Supply Chain MultiTech R&D Centre
Kee-hung Lai: The Hong Kong Polytechnic University
T. C. Edwin Cheng: The Hong Kong Polytechnic University
Dong Yang: The Hong Kong Polytechnic University

Chapter Chapter 11 in Shipping and Logistics Management, 2023, pp 169-182 from Springer

Abstract: Abstract Container cost is one of the most important items of a container shipping company’s total cost. The basic elements of the container cost include long-term capital investment and day-to-day operations cost. Equipment supply is necessary for liner shipping companies to secure cargoes. Carriers must supply the right containers at the right time and in right place to shippers. To manage empty containers, it is necessary to have an understanding of the operations cost involved. The cost of maintaining containers includes equipment cost, storage cost, movement cost, and administrative cost. Managing empty containers efficiently is the goal of all the parties involved in the container transport chain. In this chapter, we discuss a model of empty container management with four major dimensions: strategic planning, procurement of empty containers, movement of empty containers, and technical efficiency.

Date: 2023
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DOI: 10.1007/978-3-031-26090-2_11

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