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Managing Empty Containers

In: Shipping and Logistics Management

Author

Listed:
  • Y. H. Venus Lun

    (Logistics and Supply Chain MultiTech R&D Centre)

  • Kee-hung Lai

    (The Hong Kong Polytechnic University)

  • T. C. Edwin Cheng

    (The Hong Kong Polytechnic University)

  • Dong Yang

    (The Hong Kong Polytechnic University)

Abstract

Container cost is one of the most important items of a container shipping company’s total cost. The basic elements of the container cost include long-term capital investment and day-to-day operations cost. Equipment supply is necessary for liner shipping companies to secure cargoes. Carriers must supply the right containers at the right time and in right place to shippers. To manage empty containers, it is necessary to have an understanding of the operations cost involved. The cost of maintaining containers includes equipment cost, storage cost, movement cost, and administrative cost. Managing empty containers efficiently is the goal of all the parties involved in the container transport chain. In this chapter, we discuss a model of empty container management with four major dimensions: strategic planning, procurement of empty containers, movement of empty containers, and technical efficiency.

Suggested Citation

  • Y. H. Venus Lun & Kee-hung Lai & T. C. Edwin Cheng & Dong Yang, 2023. "Managing Empty Containers," Springer Books, in: Shipping and Logistics Management, edition 2, chapter 0, pages 169-182, Springer.
  • Handle: RePEc:spr:sprchp:978-3-031-26090-2_11
    DOI: 10.1007/978-3-031-26090-2_11
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