“…For instance, the leg after the last port of call in Asia in the hithaul leg for trans-Pacific and Asia-Europe services, as the demand from Asia to the US/Europe is higher than that from the US/Europe to Asia. To simplify the exposition, we consider a liner service with only one export port (e.g., Shanghai) and one import port (e.g., Los Angeles), providing a weekly frequency, as most shipping services are weekly (Bell, Liu, Angeloudis, Fonzone, & Hosseinloo, 2011;Bell, Liu, Rioult, & Angeloudis, 2013;Wang, 2014;Wang & Meng, 2013).…”