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23 November 2022 Pricing strategy and revenue analysis of shipping companies considering shortage of maritime containers
Xueqi Wang, Dong Tang, Rong Huang
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Proceedings Volume 12302, Seventh International Conference on Electromechanical Control Technology and Transportation (ICECTT 2022); 123022Z (2022) https://doi.org/10.1117/12.2645695
Event: Seventh International Conference on Electromechanical Control Technology and Transportation (ICECTT 2022), 2022, Guangzhou, China
Abstract
In order to investigate the pricing strategy and revenue of shipping enterprises in the case of maritime shortage of containers, the study establishes a shipping decision-making model in the case of no shortage of containers and shortage of containers, gives the optimal decision-making of shipping enterprises, studies the impact of containers shortage on shipping enterprises, and explores the role of scalpers in the shipping chain. Through a numerical example, this study analyzes the revenue differences between scalpers providing missing container and carriers providing missing container. There are following three conclusions that can be drawn from this study. Firstly, the revenue of each enterprise in the shipping chain will be damaged under the shortage of containers and the negative impact on carriers is greater than that on freight forwarders. Secondly, the participation of scalpers will reduce the revenue of shipping enterprises. Finally, when the cost of additional containers provided by carriers is below a certain threshold, they have the willingness to actively participate in container resource allocation.
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Xueqi Wang, Dong Tang, and Rong Huang "Pricing strategy and revenue analysis of shipping companies considering shortage of maritime containers", Proc. SPIE 12302, Seventh International Conference on Electromechanical Control Technology and Transportation (ICECTT 2022), 123022Z (23 November 2022); https://doi.org/10.1117/12.2645695
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KEYWORDS
Mathematical modeling
Picosecond phenomena
Numerical simulations
Analytical research
Manufacturing
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