IDEAS home Printed from https://ideas.repec.org/a/eee/ejores/v245y2015i3p743-753.html
   My bibliography  Save this article

Risk analysis in port competition for containerized imports

Author

Listed:
  • Fan, Lei
  • Wilson, William W.
  • Dahl, Bruce

Abstract

A number of factors are causing changes in container logistics, particularly for imports into the United States. These include growth and volatility in demands, expansion of new routes (Panama Canal and Northwest Passage), and development of new ports (Prince Rupert and ports on the Mexican west coast). Uncertainty is a major factor confronting logistics for container shipping. A stochastic network-flow model is developed in this study to analyze risk in port throughput as a result of randomness in critical variables in the logistics system for container imports into the United States. The results illustrate the stochastic distribution of container shipments at ports and routes serving the U.S. container market. The derived distributions for port throughput have important implications for port management.

Suggested Citation

  • Fan, Lei & Wilson, William W. & Dahl, Bruce, 2015. "Risk analysis in port competition for containerized imports," European Journal of Operational Research, Elsevier, vol. 245(3), pages 743-753.
    • Handle: RePEc:eee:ejores:v:245:y:2015:i:3:p:743-753
    DOI: 10.1016/j.ejor.2015.03.051
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0377221715002866
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ejor.2015.03.051?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Theo E Notteboom, 2006. "The Time Factor in Liner Shipping Services," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 8(1), pages 19-39, March.
    2. Bruce A. Blonigen & Wesley W. Wilson, 2008. "Port Efficiency and Trade Flows," Review of International Economics, Wiley Blackwell, vol. 16(1), pages 21-36, February.
    3. Leachman, Robert C., 2008. "Port and modal allocation of waterborne containerized imports from Asia to the United States," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 44(2), pages 313-331, March.
    4. Maloni, Michael & Jackson, Eric C., 2005. "North American Container Port Capacity," 46th Annual Transportation Research Forum, Washington, D.C., March 6-8, 2005 208147, Transportation Research Forum.
    5. Leachman, Robert C. & Jula, Payman, 2011. "Congestion analysis of waterborne, containerized imports from Asia to the United States," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 47(6), pages 992-1004.
    6. Ana Rodríguez-Álvarez & Beatriz Tovar & Alan Wall, 2011. "The Effect of Demand Uncertainty on Port Terminal Costs," Journal of Transport Economics and Policy, University of Bath, vol. 45(2), pages 303-328, May.
    7. Crainic, Teodor Gabriel, 2000. "Service network design in freight transportation," European Journal of Operational Research, Elsevier, vol. 122(2), pages 272-288, April.
    8. Klibi, Walid & Martel, Alain, 2012. "Scenario-based Supply Chain Network risk modeling," European Journal of Operational Research, Elsevier, vol. 223(3), pages 644-658.
    9. Jula, Payman & Leachman, Robert C., 2011. "Long- and Short-Run supply-chain optimization models for the allocation and congestion management of containerized imports from Asia to the United States," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 47(5), pages 593-608, September.
    10. Ishfaq, Rafay & Sox, Charles R., 2012. "Design of intermodal logistics networks with hub delays," European Journal of Operational Research, Elsevier, vol. 220(3), pages 629-641.
    11. Koi Yu (Adolf) Ng, 2006. "Assessing the Attractiveness of Ports in the North European Container Transhipment Market: An Agenda for Future Research in Port Competition," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 8(3), pages 234-250, September.
    12. William W. Wilson & Bruce L. Dahl & Richard D. Taylor, 2011. "Impacts of Lock Capacity Expansion on Delay Costs for Grain Shipped on the Mississippi River," Journal of Transport Economics and Policy, University of Bath, vol. 45(1), pages 129-154, January.
    13. Kenneth Button, 2010. "Transport Economics, 3rd Edition," Books, Edward Elgar Publishing, number 1863.
    14. Leachman, Robert C. & Jula, Payman, 2012. "Estimating flow times for containerized imports from Asia to the United States through the Western rail network," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 48(1), pages 296-309.
    15. DeVuyst, Eric & Wilson, William W. & Dahl, Bruce, 2009. "Longer-term forecasting and risks in spatial optimization models: The world grain trade," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 45(3), pages 472-485, May.
    16. Simme J Veldman & Ewout H Bückmann, 2003. "A Model on Container Port Competition: An Application for the West European Container Hub-Ports," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 5(1), pages 3-22, March.
    17. Santoso, Tjendera & Ahmed, Shabbir & Goetschalckx, Marc & Shapiro, Alexander, 2005. "A stochastic programming approach for supply chain network design under uncertainty," European Journal of Operational Research, Elsevier, vol. 167(1), pages 96-115, November.
    18. Jula, Payman & Leachman, Robert C., 2011. "A supply-chain optimization model of the allocation of containerized imports from Asia to the United States," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 47(5), pages 609-622, September.
    19. Bart W. Wiegmans & Anthony Van Der Hoest & Theo E. Notteboom, 2008. "Port and terminal selection by deep-sea container operators," Maritime Policy & Management, Taylor & Francis Journals, vol. 35(6), pages 517-534, December.
    20. Wilson William W. & Dahl Bruce L., 2005. "Railcar Auctions for Grain Shipments: A Strategic Analysis," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 3(2), pages 1-29, April.
    21. M Luo & T A Grigalunas, 2003. "A Spatial-Economic Multimodal Transportation Simulation Model For US Coastal Container Ports," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 5(2), pages 158-178, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bouchery, Yann & Woxenius, Johan & Fransoo, Jan C., 2020. "Identifying the market areas of port-centric logistics and hinterland intermodal transportation," European Journal of Operational Research, Elsevier, vol. 285(2), pages 599-611.
    2. Theocharis, Dimitrios & Pettit, Stephen & Rodrigues, Vasco Sanchez & Haider, Jane, 2018. "Arctic shipping: A systematic literature review of comparative studies," Journal of Transport Geography, Elsevier, vol. 69(C), pages 112-128.
    3. Mingzhu Yu & Chung-Yee Lee & James Jixian Wang, 2017. "The regional port competition with different terminal competition intensity," Flexible Services and Manufacturing Journal, Springer, vol. 29(3), pages 659-688, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fan, Lei & Wilson, William W. & Dahl, Bruce, 2012. "Congestion, port expansion and spatial competition for US container imports," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 48(6), pages 1121-1136.
    2. Amir Gharehgozli & Nima Zaerpour & Rene Koster, 2020. "Container terminal layout design: transition and future," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 22(4), pages 610-639, December.
    3. Lauri Lättilä & Olli-Pekka Hilmola, 2012. "Forecasting long-term demand of largest Finnish sea ports," International Journal of Applied Management Science, Inderscience Enterprises Ltd, vol. 4(1), pages 52-79.
    4. Leachman, Robert C. & Jula, Payman, 2012. "Estimating flow times for containerized imports from Asia to the United States through the Western rail network," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 48(1), pages 296-309.
    5. Talley, Wayne K. & Ng, ManWo, 2016. "Port multi-service congestion," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 94(C), pages 66-70.
    6. Flitsch, Verena & Brümmerstedt, Katrin, 2015. "Freight Transport Modelling of Container Hinterland Supply Chains," Chapters from the Proceedings of the Hamburg International Conference of Logistics (HICL), in: Blecker, Thorsten & Kersten, Wolfgang & Ringle, Christian M. (ed.), Operational Excellence in Logistics and Supply Chains: Optimization Methods, Data-driven Approaches and Security Insights. Proceedings of the Hamburg , volume 22, pages 233-266, Hamburg University of Technology (TUHH), Institute of Business Logistics and General Management.
    7. Vega, Laura & Cantillo, Víctor & Arellana, Julián, 2019. "Assessing the impact of major infrastructure projects on port choice decision: The Colombian case," Transportation Research Part A: Policy and Practice, Elsevier, vol. 120(C), pages 132-148.
    8. Disney, Stephen M. & Maltz, Arnold & Wang, Xun & Warburton, Roger D.H., 2016. "Inventory management for stochastic lead times with order crossovers," European Journal of Operational Research, Elsevier, vol. 248(2), pages 473-486.
    9. Yuen, Chi-lok Andrew & Zhang, Anming & Cheung, Waiman, 2012. "Port competitiveness from the users' perspective: An analysis of major container ports in China and its neighboring countries," Research in Transportation Economics, Elsevier, vol. 35(1), pages 34-40.
    10. Song, Dong-Ping & Lyons, Andrew & Li, Dong & Sharifi, Hossein, 2016. "Modeling port competition from a transport chain perspective," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 87(C), pages 75-96.
    11. Hokey Min & Byung-In Park, 2020. "A two-dimensional approach to assessing the impact of port selection factors on port competitiveness using the Kano model," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 22(3), pages 353-382, September.
    12. Notteboom, Theo E. & Parola, Francesco & Satta, Giovanni, 2019. "The relationship between transhipment incidence and throughput volatility in North European and Mediterranean container ports," Journal of Transport Geography, Elsevier, vol. 74(C), pages 371-381.
    13. Julián Martínez Moya & María Feo Valero, 2017. "Port choice in container market: a literature review," Transport Reviews, Taylor & Francis Journals, vol. 37(3), pages 300-321, May.
    14. Ben-Ammar, Oussama & Bettayeb, Belgacem & Dolgui, Alexandre, 2019. "Optimization of multi-period supply planning under stochastic lead times and a dynamic demand," International Journal of Production Economics, Elsevier, vol. 218(C), pages 106-117.
    15. Leonard Heilig & Stefan Voß, 0. "Information systems in seaports: a categorization and overview," Information Technology and Management, Springer, vol. 0, pages 1-23.
    16. van Asperen, E. & Dekker, R., 2010. "Flexibility in Port Selection: A Quantitative Approach Using Floating Stocks," Econometric Institute Research Papers EI 2009-44, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
    17. Taiba Zahid & Fouzia Gillani & Usman Ghafoor & Muhammad Raheel Bhutta, 2022. "Synchromodal Transportation Analysis of the One-Belt-One-Road Initiative Based on a Bi-Objective Mathematical Model," Sustainability, MDPI, vol. 14(6), pages 1-14, March.
    18. Su-Han Woo & Stephen Pettit & Anthony Beresford & Dong-Wook Kwak, 2012. "Seaport Research: A Decadal Analysis of Trends and Themes Since the 1980s," Transport Reviews, Taylor & Francis Journals, vol. 32(3), pages 351-377, January.
    19. Gholami-Zanjani, Seyed Mohammad & Klibi, Walid & Jabalameli, Mohammad Saeed & Pishvaee, Mir Saman, 2021. "The design of resilient food supply chain networks prone to epidemic disruptions," International Journal of Production Economics, Elsevier, vol. 233(C).
    20. Jasmine Lam & Wei Yap, 2006. "A measurement and Comparison of Cost Competitiveness of Container Ports in Southeast Asia," Transportation, Springer, vol. 33(6), pages 641-654, November.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ejores:v:245:y:2015:i:3:p:743-753. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/eor .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.