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Shipping mode choice in cold chain from a value-based management perspective

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  • Zhang, Xiunian
  • Lam, Jasmine Siu Lee

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.

Suggested Citation

  • Zhang, Xiunian & Lam, Jasmine Siu Lee, 2018. "Shipping mode choice in cold chain from a value-based management perspective," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 110(C), pages 147-167.
    • Handle: RePEc:eee:transe:v:110:y:2018:i:c:p:147-167
    DOI: 10.1016/j.tre.2017.11.015
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    2. Kundu, Tanmoy & Sheu, Jiuh-Biing, 2019. "Analyzing the effect of government subsidy on shippers’ mode switching behavior in the Belt and Road strategic context," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 129(C), pages 175-202.
    3. Wang, Shuaian & Yan, Ran & Qu, Xiaobo, 2019. "Development of a non-parametric classifier: Effective identification, algorithm, and applications in port state control for maritime transportation," Transportation Research Part B: Methodological, Elsevier, vol. 128(C), pages 129-157.
    4. Lam, Jasmine Siu Lee & Zhang, Xiunian, 2019. "Innovative solutions for enhancing customer value in liner shipping," Transport Policy, Elsevier, vol. 82(C), pages 88-95.
    5. Pal, Preeti & Gopal, P.R.C. & Ramkumar, M., 2023. "Impact of transportation on climate change: An ecological modernization theoretical perspective," Transport Policy, Elsevier, vol. 130(C), pages 167-183.
    6. Kalahasthi, Lokesh & Holguín-Veras, José & Yushimito, Wilfredo F., 2022. "A freight origin-destination synthesis model with mode choice," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 157(C).
    7. Pache, Hannah & Grafelmann, Michaela & Schwientek, Anne Kathrina & Jahn, Carlos, 2020. "Tactical planning in tramp shipping - A literature review," Chapters from the Proceedings of the Hamburg International Conference of Logistics (HICL), in: Jahn, Carlos & Kersten, Wolfgang & Ringle, Christian M. (ed.), Data Science in Maritime and City Logistics: Data-driven Solutions for Logistics and Sustainability. Proceedings of the Hamburg International Conferen, volume 30, pages 281-308, Hamburg University of Technology (TUHH), Institute of Business Logistics and General Management.
    8. Manupati, Vijaya Kumar & Schoenherr, Tobias & Subramanian, Nachiappan & Ramkumar, M. & Soni, Bhanushree & Panigrahi, Suraj, 2021. "A multi-echelon dynamic cold chain for managing vaccine distribution," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 156(C).
    9. Liu, Chao & Chen, Weidong & Zhou, Qian & Mu, Jing, 2021. "Modelling dynamic freshness-keeping effort over a finite time horizon in a two-echelon online fresh product supply chain," European Journal of Operational Research, Elsevier, vol. 293(2), pages 511-528.

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