Global Intermodal Tank Container Management for the Chemical Industry

International logistics is crucial to the high-value chemicals industry, since raw materials sources, production facilities, and consumer markets are distributed globally. Fluctuating demand, imbalanced trade flows, and expensive transportation equipment necessitate dynamic asset management. This paper focuses on asset management problems faced by tank container operators. An operational tank container management problem is formulated as a large-scale multi-commodity flow problem on a time-discretized network. By integrating container routing and repositioning decisions in a single model, total operating costs and fleet sizes can be reduced. Results from a computational study verify this hypothesis. Extensions to the model and additional related research topics are discussed.

Language

  • English

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Filing Info

  • Accession Number: 01010540
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Nov 19 2005 11:59PM