<title>Abstract</title> In a stochastic supply link between a supplier and a receiver the receiver will call upon the supplier who can replenish his inventory at the lowest total cost. This total cost typically contains the order costs, transportation costs and inventory costs. A crucial component of the total...

<title>A<sc>bstract</sc> </title> Investment decisions in dry bulk shipping form one of the most difficult managerial tasks due to the high degree of uncertainty and the cyclical nature of the market. Adequate information on ship prices is, therefore, crucial when justifying such decisions. This paper is the first to...

<title>A<sc>bstract</sc> </title> During the last decade, container traffic was the driving force behind the growth in cargo handling in the port of Antwerp, Belgium. Between 1995 and 2005 container traffic almost tripled, enabling Antwerp to increase its market share in the Hamburg-Le Havre range. Moreover, various...

In this paper, we assess the Efficient Market Hypothesis (EMH) in relation to dry bulk shipping in the short run. The aim is to explain why freight rates in the different ship segments are highly correlated. By building a system dynamics model, which is well-suited to modelling complex and...

Despite claims by shipping lines that most of their containerships operate on fixed-day weekly schedules, a large survey recently revealed that over 40&percnt; of the vessels deployed on worldwide liner services arrive one or more days behind schedule. Broadly speaking, the survey found relatively low...

<title>Abstract</title> This paper analyses the effectiveness of policy measures aimed at triggering a modal shift in the freight transport market. The analysis is based on the inventory‐theoretic framework that studies modal choice from a business logistics viewpoint. The crux of the inventory‐theoretic...

This paper analyses the choice between different transport modes, based on the concept of total logistics costs. Not only the cost of transportation itself is considered, but also all the other costs that arise in the supply chain, such as the costs of goods handling, the costs of inventory...

In this paper, the choice between different freight transportation modes is analyzed from the viewpoint of a shipper/receiver. The analysis is based on the concept of total logistics costs. This means that, when comparing different transportation modes, not only the cost of transportation itself...

In this paper a comparison is made between direct road haulage and combined transport (inland navigation with oncarriage by truck) for the transport of containers from a seaport to the hinterland. The analysis is based on the concept of total logistics costs, a central concept in the theory of...