TY - GEN
T1 - Challenges of measuring revenue, margin and yield optimization in container shipping
AU - Gardoń, Albert
AU - Nielsen, Peter
AU - Rytter, Niels Gorm Malý
PY - 2013/11/25
Y1 - 2013/11/25
N2 - We present in this paper some initial ideas of Revenue and Yield Management in the container shipping industry, namely a regression study of the behavior of the currently used indicator for measuring pricing and revenue performance in a leading shipping line. We consider the properties of the indicator used and discuss options of developing a better indicators of revenue or yield optimization, being either revenue or yield per available unit. At the end we also formulate implications for a future research work to be done on development of relevant measures for the industry.
AB - We present in this paper some initial ideas of Revenue and Yield Management in the container shipping industry, namely a regression study of the behavior of the currently used indicator for measuring pricing and revenue performance in a leading shipping line. We consider the properties of the indicator used and discuss options of developing a better indicators of revenue or yield optimization, being either revenue or yield per available unit. At the end we also formulate implications for a future research work to be done on development of relevant measures for the industry.
KW - Liner shipping
KW - Transportation logistics
KW - Yield (revenue) management
U2 - 10.1007/978-3-642-40361-3_83
DO - 10.1007/978-3-642-40361-3_83
M3 - Article in proceedings
AN - SCOPUS:84887902344
SN - 9783642403606
T3 - I F I P Advances in Information and Communication Technology
SP - 654
EP - 661
BT - Advances in Production Management Systems
PB - Springer
T2 - IFIP WG 5.7 International Conference on Advances in Production Management Systems, APMS 2012
Y2 - 24 September 2012 through 26 September 2012
ER -