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Service contracts--An instrument of international logistics supply chain: Under United States and European Union regulatory frameworks

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  • Marlow, Peter
  • Nair, Rawindaran

Abstract

Service contracts have emerged as an important instrument to secure a long-term relationship between carriers in the container shipping industry and shippers requiring scheduled services covering a global market. This contract, entered into largely on an individual and confidential basis, continues to enjoy anti-trust immunity under current United States and European Union regulations. It will continue to be in place even after the EC Council Regulation 4056/86 is repealed in October 2008 although it may operate in a modified way because of the absence of the common external conference tariff. This article examines the implications of this instrument on the international supply chain and explores its future role in defining efficiencies in international trade flows.

Suggested Citation

  • Marlow, Peter & Nair, Rawindaran, 2008. "Service contracts--An instrument of international logistics supply chain: Under United States and European Union regulatory frameworks," Marine Policy, Elsevier, vol. 32(3), pages 489-496, May.
    • Handle: RePEc:eee:marpol:v:32:y:2008:i:3:p:489-496
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    Citations

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    Cited by:

    1. Morales-Fusco, Pau & Grau, Marc & Saurí, Sergi, 2018. "Effects of RoPax shipping line strategies on freight price and transporter’s choice. Policy implications for promoting MoS," Transport Policy, Elsevier, vol. 67(C), pages 67-76.
    2. Ziaul Haque Munim & Hans-Joachim Schramm, 2017. "Forecasting container shipping freight rates for the Far East – Northern Europe trade lane," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 19(1), pages 106-125, March.
    3. Wang, Shuaian & Wang, Hua & Meng, Qiang, 2015. "Itinerary provision and pricing in container liner shipping revenue management," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 77(C), pages 135-146.
    4. Wang, Tingsong & Xing, Zheng & Hu, Hongtao & Qu, Xiaobo, 2019. "Overbooking and delivery-delay-allowed strategies for container slot allocation," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 122(C), pages 433-447.
    5. Wang, Shuaian & Meng, Qiang, 2012. "Liner ship fleet deployment with container transshipment operations," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 48(2), pages 470-484.
    6. Wang, Tingsong & Meng, Qiang & Wang, Shuaian & Qu, Xiaobo, 2021. "A two-stage stochastic nonlinear integer-programming model for slot allocation of a liner container shipping service," Transportation Research Part B: Methodological, Elsevier, vol. 150(C), pages 143-160.
    7. Michael Fung, 2014. "Ocean Carriers’ Collusion Under Antitrust Immunity: Evidence of Asymmetric Pass-Through," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 45(1), pages 59-77, August.

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