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Simultaneous optimization of schedule coordination and cargo allocation for liner container shipping networks

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  • Wang, Hua
  • Wang, Shuaian
  • Meng, Qiang

Abstract

A liner container shipping carrier usually collects immediately-delivered goods that are produced by manufacturers in world factories, and transports the products to worldwide market destination by offering weekly shipping service. In practice, the carrier has to consider extra demurrage cost of containerized cargos incurred from waiting for weekly shipping service at ports. In this paper, we develop a mathematic programming model to maximize the carrier’s profitability by simultaneously optimizing the ship route scheduling and interrelated cargo allocation scheme. The nonlinear optimization model is transformed into an equivalent mixed-integer linear program, and its applicability is demonstrated by a case study.

Suggested Citation

  • Wang, Hua & Wang, Shuaian & Meng, Qiang, 2014. "Simultaneous optimization of schedule coordination and cargo allocation for liner container shipping networks," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 70(C), pages 261-273.
    • Handle: RePEc:eee:transe:v:70:y:2014:i:c:p:261-273
    DOI: 10.1016/j.tre.2014.07.005
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    References listed on IDEAS

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