Pricing Strategy of Maritime Transportation Cost Based on Revenue Management and Empty Container Theory

Xiao, Feng; Liu, Xibo

doi:10.2112/si98-030.1

Cited by 5 publications

(5 citation statements)

References 7 publications

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“…Compared with existing studies, such as in references [3][4][5][6][7], only the competition among different logistics enterprises in a certain transportation mode was considered, and there exists a lack of consideration of overall market competition.…”

Section: Discussionmentioning

confidence: 99%

“…However, their research failed to consider the competitive relationship between different transportation modes. Xiao and Liu [4] proposed a game theory model to study the pricing strategy for maritime transportation costs, considering revenue management factors and the usage of empty containers. They considered the influence of transportation costs, the subjective values assigned to the containers by the owners, the arrival rate of owners, and changes in initial container slot allocation on the pricing of shipping enterprises, which provided a reference for the design of the generalized cost function for different freight modes used in this paper.…”

Section: Comparative Analysis Of Different Pricing Methodsmentioning

confidence: 99%

“…3 Safety: D n is the cargo damage rate, assuming D 1 = 0.002, D 2 = 0.004, D 3 = 0.001. 4 Punctuality: G n is overdue rate; G n = g * n /g total n , where g * n represents the batch of overdue goods among the total batches of goods transported by mode n, g total n represents the total batches of goods transported by mode n. 5 Convenience E n is considered in stages: ≤300 km, 6 Service quality: S n can be obtained through customer survey statistics. 7 Environmental effect: Y n .…”

Section: Generalized Cost Function For Different Transportation Modesmentioning

confidence: 99%

See 2 more Smart Citations

A Bi-Level Model for Green Freight Transportation Pricing Strategy Considering Enterprise Profit and Carbon Emissions

et al. 2021

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Due to the impact of COVID-19, enterprises need effective pricing strategies to improve profits and viability. In order to fill research gaps in the literature relating to market competition among different freight modes and to adjust the freight transportation structure by optimizing transportation prices, we propose a multi-objective bi-level programming pricing model that considers market competition and the carbon emissions of the freight system in China. First, an objective function in upper-level planning was used to improve logistics enterprise profits and reduce the total carbon emissions of the freight system. Then, a generalized cost function for the freight transportation mode was designed to quantify the market competition among different transportation modes, and a user equilibrium assignment model was established to obtain the results of cargo flow assignment in lower-level planning. To solve the model, a sensitivity analysis algorithm was designed, and a logistics network example was used to verify the effectiveness of the model. The experimental results show that reasonable freight price adjustment can effectively increase enterprise profits and reduce the total carbon emissions of the freight system. In this paper, we provide a new method for freight pricing research, considering the market competition of multiple transportation modes, and provide a new idea for adjusting the transportation structure through freight price optimization, which will play a positive role in promoting the development of green freight.

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Section: Discussionmentioning

confidence: 99%

Section: Comparative Analysis Of Different Pricing Methodsmentioning

confidence: 99%

Section: Generalized Cost Function For Different Transportation Modesmentioning

confidence: 99%

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A Bi-Level Model for Green Freight Transportation Pricing Strategy Considering Enterprise Profit and Carbon Emissions

et al. 2021

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“…Zhu [33] found that the dynamic pricing strategy supported by the traceability system can improve retailers' performance. Xiao Kaihong et al [34] explored the participation conditions of farmers before and after the introduction of the revenue-sharing contract and the optimal pricing decision of traceable agricultural products. Zheng Qi et al [35] considered the different delivery methods of goods delivered to the warehouse and selfpicked-up goods under the front warehouse mode and built a fresh agricultural product supply chain decision-making model when suppliers and fresh e-commerce, respectively, invested in traceability technology.…”

Section: Research On Traceability Of Green Agricultural Supply Chainmentioning

confidence: 99%

Research on Pricing Strategy and Profit-Distribution Mechanism of Green and Low-Carbon Agricultural Products’ Traceability Supply Chain

Jiang,

et al. 2024

Sustainability

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In agricultural production, chemical fertilizers and pesticides are being used in large quantities; the residues of these substances have some negative impact on the quality of agricultural products and soil, and they produce a large amount of carbon emissions. Green agricultural products are popular for their low carbon, quality, and safety, and they flow from the production side to consumers through a traceable supply chain. Therefore, ensuring the reliable and stable operation of the traceable supply chain for green, low-carbon agricultural products is an important issue. In view of the difficulty of obtaining information in previous coordination mechanisms in multi-person cooperative games, this article proposes an optimal pricing decision and constructs a profit-distribution model based on an improved Raiffa value to make the profit-distribution mechanism more conducive to the stability and sustainable development of the supply chain, and empirical analysis was carried out. The empirical analysis shows the following: (1) The centralized decision-making selling price of green and low-carbon agricultural products based on the quantitative cost–benefit analysis and demand function can realize the optimal profit of the supply chain. (2) Using the improved Raiffa value, considering the investment cost and risk to allocate the optimal profit of centralized decision-making, optimizes the profit distribution of supply chain members and overcomes the problem of the difficulty in acquiring information in multi-player cooperative games. (3) For investment costs and risks, the corresponding profit-distribution adjustment value weight vector can be obtained using the AHP; for risks that are difficult to quantify, the fuzzy comprehensive evaluation method and the risk-factor-based method can be used to determine the risk coefficient of each member of the supply chain. The optimized profit-distribution mechanism of supply chain members is more reasonable than decentralized decision-making, which has a significant reference for promoting the sustainable development of a traceable supply chain of green and low-carbon agricultural products.

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“…The essence of logistics is the synergy of its processes [37], which could be achieved owing to combination of the efficiency in their realization and the thorough knowledge of the specifics of the objects subjected to these processes. Progress in managing logistics processes has focused on intensifying and optimizing the flow of goods, increasing the role of quality in the TQM (total quality management) standards, improving the quality of customer service, accelerating the operation of particular branches of logistics, and minimizing the time when funds are frozen in the product, which could significantly reduce the popularity of water transport in comparison with other ways of transport [45]. According to that, it is reasonable to take actions leading to improvement in the indicated areas, as well as to take advantage of knowledge in the field of technical and natural sciences, for optimal proceeding with objects subjected to logistic processes in maritime transport.…”

Section: Introductionmentioning

confidence: 99%

The Effects of Particular Factors Connected With Maritime Transport on Quality and Safety of Cereal as a Cargo

et al. 2021

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The article discusses the effect of conditions during maritime transport on particular quality and safety parameters of cereal, in relation to quality management and logistics management. Therefore, transport requirements for cereal as a cargo were identified, and furthermore, threats resulting from improperly conducted logistic process of bulk material with strong sorption properties were described. The aim of this article was to compare the differences in sorption properties between four selected cereal species using the static desiccator method. This method is the standard reference method. As a result of the conducted research, the existence of significant variability in the sensitivity to the effect of maritime transport conditions among cereal as a product group was identified. The most resistant to water vapor was rye grain. The differences between each cereal species should be associated with variability in the physical structure and chemical composition of grains of each individual cereal species. Further works in this area should take into consideration not only the diversity but also the variability of cereal sensitivity owing to the combined effect of relative humidity of the atmosphere and ambient temperature with use of the indepth thermodynamic analysis of sorption.

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Pricing Strategy of Maritime Transportation Cost Based on Revenue Management and Empty Container Theory

Cited by 5 publications

References 7 publications

A Bi-Level Model for Green Freight Transportation Pricing Strategy Considering Enterprise Profit and Carbon Emissions

A Bi-Level Model for Green Freight Transportation Pricing Strategy Considering Enterprise Profit and Carbon Emissions

Research on Pricing Strategy and Profit-Distribution Mechanism of Green and Low-Carbon Agricultural Products’ Traceability Supply Chain

The Effects of Particular Factors Connected With Maritime Transport on Quality and Safety of Cereal as a Cargo

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