The main characteristics for the successful use of revenue management are present in the liner shipping industry. Hence, revenue management methods can be applied to obtain the best container acceptance strategy. The segmentation which is normally used is based on the different container types, routes and customers. The literature shows that reliability and delivery speed are important factors for customers, and that containers with different commodities often have different priority. Therefore, the optimization model which is developed in this work creates booking limits for standard segmentations and incorporates an additional segmentation approach. These new segments are express and standard containers: The express segment is intended for urgent cargo and gets priority on the next ship. A container in the standard segment only needs to be shipped until a fixed delivery date and can be postponed. This new segmentation approach generates advantages for both parties involved.


    Access

    Check access

    Check availability in my library

    Order at Subito €


    Export, share and cite



    Title :

    A Revenue Management Slot Allocation Model with Prioritization for the Liner Shipping Industry


    Additional title:

    Operations Research Proceedings


    Contributors:


    Publication date :

    2011-06-21


    Size :

    6 pages





    Type of media :

    Article/Chapter (Book)


    Type of material :

    Electronic Resource


    Language :

    English




    A Revenue Management Slot Allocation Model with Prioritization for the Liner Shipping Industry

    Zurheide, S. / Fischer, K. / Gesellschaft fur Operations Research | British Library Conference Proceedings | 2011


    An optimal containership slot allocation for liner shipping revenue management

    Ting *, Shin-Chan / Tzeng, Gwo-Hshiung | Taylor & Francis Verlag | 2004



    Liner container seasonal shipping revenue management

    Wang, Yadong | Online Contents | 2015


    Liner shipping revenue management with respositioning of empty containers

    Løfstedt, Berit ;Pisinger, David ;Spoorendonk, Simon | TIBKAT | 2008

    Free access