Subjective and Objective Analysis of Schedule Delaying Factors for Container Shipping Lines. Issue 4 (31st December 2020)

• Record Type: Journal Article
• Authors: Lin, Cheng-Wei; Hsu, Wan-Chi Jackie; Su, Hui-Ju
• Is Part Of: Journal of international logistics and trade. Volume 18:Issue 4(2020)
• Page Start: 181
• Page End: 192
• Publication Date: 2020-12-31
• Subjects: Container shipping company -- Sailing schedule -- Consistent fuzzy preference relation (CFPR) -- Entropy -- Multi-criteria decision making (MCDM); International trade -- Periodicals; Business logistics -- Periodicals; Commerce international -- Périodiques; Logistique (Organisation) -- Périodiques; Business logistics; International trade; Periodicals; 382.05
• DOI: 10.24006/jilt.2020.18.4.181
• Languages: English
• ISSNs: 1738-2122

Abstract

Abstract : The shipper selects a suitable shipping route and plans for a voyage in order to import and export cargo on the basis of published sailing schedules. The reliability of the sailing schedule will influence the shipper's logistics expense, which means that the logistics costs will depend on the reliability of schedules published by container shipping companies. Therefore, it is important to consider factors which can cause delays would for container ships sailing on sea routes. The reliability of published sailing schedules can be affected by a number of different factors. This study adopts the multi-criteria decision making (MCDM) method to estimate the importance of the delaying factors in a sailing schedule. In addition, the consistent fuzzy preference relations (CFPR) method is applied to identify the subjective importance (weights) of the delaying factors. The entropy weight method combined with the actual performance of the container shipping company are both used when estimating the objective importance (weights) of the delaying factors. According to the analysis results, the criteria can be divided into four quadrants with different management implications, which indicate that instructions for chase strategy, sailing schedule control, fleet allocation, transship operation arrangement and planning for ports in routes are often ignored by container shipping companies. Container shipping companies should consider adjusting their operational strategies, which would greatly improve their operational performance.