Article ID Journal Published Year Pages File Type
1023536 Transportation Research Part E: Logistics and Transportation Review 2013 18 Pages PDF
Abstract

Strategies to reposition empty containers are an unabated issue for shipping companies. This study compares the repositioning costs of foldable containers to those of standard containers. Mathematical models are used to minimize the total relevant cost, which includes the folding/unfolding cost, the inventory storage cost, the container purchasing cost, and the repositioning cost. Heuristic algorithms are proposed to solve the mathematical models. Numerical experiments are carried out in several scenarios to demonstrate the economic feasibility of foldable containers. The sensitivity analysis shows that the purchasing cost and the transportation cost affect the use of foldable containers.

► Using foldable containers can reduce the repositioning cost and storage space. ► We compare empty container repositioning costs of foldable and standard containers. ► Three mathematical models are proposed for comparison. ► Purchasing and transportation costs play a key role for using foldable containers.

Related Topics
Social Sciences and Humanities Business, Management and Accounting Business and International Management
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