The application of uncertain three-player two-stage game to the competition among shipping alliances

Hoang, Thi Minh Nguyet; Park, Gyei Kark; Choi, Kyoung Hoon; Yang, Xibei

doi:10.1504/ijstl.2021.118527

Cited by 2 publications

(2 citation statements)

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“…Chen et al [15] found that there are research opportunities in the diversification and flexibility of cooperation modes and intelligent operation in liner shipping alliance management through a systematic review of liner shipping alliance management. Do et al [16] confirmed that when the internal competition in the shipping industry intensifies, reducing the number of new ship orders in time and taking alliance strategic actions at the same time will help to rebalance the shipping industry. Chiu and Wang [17] proved that the utilization rate of production factors will be improved when liner shipping lines provide services through a strategic alliance.…”

Section: Literature Reviewmentioning

confidence: 99%

Approach to an Equivalent Freight-Based Sustainable Joint-Quotation Strategy for Shipping Blockchain Alliance

Zhang

2022

Sustainability

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To improve the sustainability of the shipping industry, a practice of establishing a new type of shipping alliance based on blockchain has been implemented. In this practice, the following question emerges: How will shipping lines achieve sustainable profit improvement? This paper focuses on the freight decision-making problem by constructing a multi-round joint-quotation strategy. This paper also demonstrates the potential impact of a joint quotation strategy on the blockchain-based open freight market from a theoretical perspective. The numerical experiment results show that, compared with the initial state, the joint quotation strategy can help to stabilize shipping demands and reduce the fluctuation in overall demands. In this strategy, the freight level needs to be high to maximize profits. However, part of the demands will be sacrificed as a result. Moreover, the optimal equilibrium solution under the joint quotation strategy is relatively vulnerable to changes in the competitive relationship among the members of an alliance. In addition, the joint quotation may also be resolutely resisted by the shipper due to monopoly risk, resulting in a major risk of a sharp reduction in demand. The findings in this paper offer a decision-making reference for the sustainable development of the shipping industry.

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Section: Literature Reviewmentioning

confidence: 99%

Approach to an Equivalent Freight-Based Sustainable Joint-Quotation Strategy for Shipping Blockchain Alliance

Zhang

2022

Sustainability

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“…Collaboration in transportation and logistics has also been studied from a game theoretic point of view. For example, Do et al (2021) have examined competition from a pricing perspective and capacity expansion among alliances between shipping lines, by means of an uncertain competition game model. Göthe-Lundgren et al (1996) consider the optimal allocation of the cost of an optimal route configuration among the customers in the context of a vehicle routing problem.…”

Section: Collaborationmentioning

confidence: 99%

Large scale simulation of a real-time collaborative system for container trucks in the Port of Antwerp

Stoop,

Pickavet,

Colle

et al. 2023

IJSTL

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In this work, a primary proof of concept of a real-time shared planning system (SPS) for container trucks covering drayage operations in seaports is presented. The aim of such an SPS is to provide a flexible system which allows horizontal collaboration between road carriers with the aim on improving the overall efficiency of the logistic chain. Its impact on the drayage in the port is studied in the context of a large-scale simulation, based on the Port of Antwerp, which models the relevant operations in the logistic chain that handles container transport over roads. In this simulation, interactions on the traffic network will be explicitly simulated by a mesoscopic traffic model. The results show a clear positive impact for carriers joining the collaborative system as compared to the case of individual planning; the time spent in traffic is on average reduced by 13%, meaning less congestion on the road and a potential increase in capacity.

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The application of uncertain three-player two-stage game to the competition among shipping alliances

Cited by 2 publications

References 0 publications

Approach to an Equivalent Freight-Based Sustainable Joint-Quotation Strategy for Shipping Blockchain Alliance

Approach to an Equivalent Freight-Based Sustainable Joint-Quotation Strategy for Shipping Blockchain Alliance

Large scale simulation of a real-time collaborative system for container trucks in the Port of Antwerp

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