Strategic trade-off between vessel delay and schedule recovery: an empirical analysis of container liner shipping |
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Authors: | Hamed Hasheminia |
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Institution: | College of Business, San Francisco State University, San Francisco, CA, USA |
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Abstract: | In this paper, we empirically test the relationship between the delay of containerships and the scheduled operations in a terminal, based on a dataset containing information on 352 containership arrivals during a 9-month period at seven terminals of three North American ports. We find that a vessel is less likely to be delayed when there are more operations scheduled shortly (up to 3 days) after the vessel’s berthing window in the terminal. Moreover, we also find that the more containers a vessel needs to unload in the terminal, the less likely that it would be delayed. Both findings support the hypothesis that liners strategically balance the trade-off between delay cost and schedule recovery cost. |
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Keywords: | Schedule unreliability containership delay terminal congestion schedule recovery scheduled operations |
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