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Measuring The Perceived Leasing Price Of Empty Container In Shipping System, Hao Hu, Bo Du, Mehrdad Amirghasemi

SMART Infrastructure Facility - Papers

The container shipping activity has increased significantly with the growth of world economy and global trade. However, due to the imbalance of global trade, there is always an imbalance between import and export containers, which results in that some ports have a surplus of empty containers while the others have a deficit. At a surplus port, storage cost and repositioning cost for shipping companies increase inevitably; while at a deficit port, shipping companies have to lease or purchase empty containers to meet customers’ demand. Empty container repositioning is one of the most effective ways to solve such imbalance problem, however …