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Title: A maritime container repositioning yield-based optimization model with uncertain upsurge demand
Authors: Wong, EYC
Tai, A
Raman, M
Keywords: Empty container repositioning
Maritime operations
Shipping network
Trade imbalance
Issue Date: 2015
Publisher: Pergamon Press
Source: Transportation research. Part E, Logistics and transportation review, 2015, v. 82, p. 147-161 How to cite?
Journal: Transportation research. Part E, Logistics and transportation review 
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.
ISSN: 1366-5545
EISSN: 1878-5794
DOI: 10.1016/j.tre.2015.07.007
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