Article ID Journal Published Year Pages File Type
7427902 Transportation Research Part E: Logistics and Transportation Review 2018 21 Pages PDF
Abstract
The competition between bulk and containers in reefer shipping has become increasingly intensified in recent years. This study aims to investigate the modal choice between reefer bulk and container vessels by applying the value-based management tool in cold chain management. A value-based decision model is developed for operational and financial planning with Economic Value Added as the objective function. The commodity character and the voyage distance are identified as the main factors that affect the modal choice. The numerical study and sensitivity analysis reveal the change in modal choice and route choice under different operational and financial scenarios.
Related Topics
Social Sciences and Humanities Business, Management and Accounting Business and International Management
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