1. Strategic trade-off between vessel delay and schedule recovery: an empirical analysis of container liner shipping
- Author
-
Hamed Hasheminia and Changmin Jiang
- Subjects
050210 logistics & transportation ,Schedule ,021103 operations research ,Operations research ,05 social sciences ,Geography, Planning and Development ,0211 other engineering and technologies ,Ocean Engineering ,Transportation ,02 engineering and technology ,Management, Monitoring, Policy and Law ,Terminal (electronics) ,0502 economics and business ,Container (abstract data type) ,Operations management ,Business ,Liner shipping - Abstract
In this paper, we empirically test the relationship between the delay of containerships and the scheduled operations in a terminal, based on a dataset containing information on 352 containership arrivals during a 9-month period at seven terminals of three North American ports. We find that a vessel is less likely to be delayed when there are more operations scheduled shortly (up to 3 days) after the vessel’s berthing window in the terminal. Moreover, we also find that the more containers a vessel needs to unload in the terminal, the less likely that it would be delayed. Both findings support the hypothesis that liners strategically balance the trade-off between delay cost and schedule recovery cost.
- Published
- 2017
- Full Text
- View/download PDF