Optimal unloading and storage pricing for inbound containers

The authors study a terminal operator’s optimal container unloading and storage pricing strategies. Unlike the existing literature that ignores the interaction between these two prices, they propose a novel model formulation where they are jointly determined to maximize total profit. Their results enable an efficient search for the optimal prices, and provide novel insights into the tradeoff between profit extraction and storage cost efficiency. The authors also formulate a model where the storage price is determined to maximize the storage profit only, and conduct an extensive numerical study to compare the two models to obtain additional insights about their performance.

• Record URL:
  • https://doi.org/10.1016/j.tre.2018.01.013
• Record URL:
  • http://www.sciencedirect.com/science/article/pii/S1366554517302272
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/13665545
• Supplemental Notes:
  • Abstract reprinted with permission of Elsevier.
• Authors:
  • Xiao, Tingting
  • Ha, Albert Y
• Publication Date: 2018-3

Language

• English

Media Info

• Media Type: Web
• Features: Appendices; Figures; References; Tables;
• Pagination: pp 210-228
• Serial:
  • Transportation Research Part E: Logistics and Transportation Review
  • Volume: 111
  • Issue Number: 0
  • Publisher: Elsevier
  • ISSN: 1366-5545
  • Serial URL: http://www.sciencedirect.com/science/journal/13665545

Subject/Index Terms

• TRT Terms: Container handling; Container terminals; Cost effectiveness; Handling and storage; Loading and unloading; Logistics; Ocean shipping; Pricing; Profits; Terminal operations
• Subject Areas: Finance; Freight Transportation; Planning and Forecasting; Terminals and Facilities;

Filing Info

• Accession Number: 01663367
• Record Type: Publication
• Files: TRIS
• Created Date: Mar 21 2018 10:12AM