Revenue Management and Freight Rate Coordination in the Container Shipping Industry

Publikation: Beitrag in Buch/Konferenzbericht/Sammelband/GutachtenBeitrag in KonferenzbandBeigetragenBegutachtung

Abstract

Freight rates in the container shipping industry are quite volatile. They are published regularly based on certain indexes and make a daily rate bargaining impossible. Carriers as well as customers agree long term freight rates to achieve longer term planning security. However, customers have the market power to enforce a published rate if it is lower than the contracted rate. We report about an approach that supports the shipping company to determine contracted freight rates under the consideration of this ``unfair'' customer behavior using segmentation-based pricing methods from revenue management.

Details

OriginalspracheEnglisch
TitelDynamics in Logistics
Redakteure/-innenMichael Freitag, Herbert Kotzab, Jürgen Pannek
ErscheinungsortCham
Herausgeber (Verlag)Springer International Publishing AG
Seiten148-153
Seitenumfang6
ISBN (Print)978-3-319-74225-0
PublikationsstatusVeröffentlicht - 2018
Peer-Review-StatusJa

Externe IDs

Scopus 85102003905

Schlagworte

Forschungsprofillinien der TU Dresden