As part of China’s “the Belt and Road” strategy, China Railway Express provides alternative shipping routes and transportation modes from Asia to Europe and creates new opportunities for intermodal transportation in the shipping industry. A time–distance-based cost (time cost) function was proposed to compare China Railway Express with traditional transportation modes. Time cost was related to different types of cargoes, which exhibit distinct sensitivity to time. Using the proposed cost function as basis, we identified the cost indifference area where total costs are equal. Further analysis was performed for selecting the transportation mode and supply area for a specific cargo. This study provides various parties, such as business owners, the government, and the shipping industry, with many valuable insights.
| [1] |
Cai W (2015). Multimodal Transport Path Optimization on Silk Road of Land and Sea. Dissertation for the Master degree.Dalian: Dalian Maritime University
|
| [2] |
Drewry Research (2016). Container Forecaster & Annual Review 2016/17. London
|
| [3] |
Gao Y (2016). Economical Route in Transportation Network of the Belt and Road. Dissertation for the Master Degree.Beijing: Beijing Jiaotong University
|
| [4] |
Lee L H, Chew E P, Lee L S (2006). Multicommodity network flow model for Asia’s container ports. Maritime Policy & Management, 33(4): 387–402
|
| [5] |
Li J (2016). Study on countermeasures of optimizing China-Europe block trains under “the Belt and Road” strategy. Railway Transport and Economy, (5): 41–45
|
| [6] |
Miao Q (2014). Measuring the Value of Time in Highway Freight Transportation. Dissertation for the Doctoral Degree. Texas: Texas A&M University
|
| [7] |
Verny J, Grigentin C (2009). Container shipping on the northern sea route. International Journal of Production Economics, 122(1): 107–117
|
| [8] |
Wang Y (2015). Status, problems and suggestions on development of Sino-Europe block trains. China Transportation Review (S1), 70–75, 89
|
| [9] |
Wang Z (2014). Resrarch on corridor development strategy of “The Silk Road Economic Belt” railway. Journal of Railway Engineering Society, 184(1): 24–31
|
| [10] |
Yang L, Zheng B, Zhang Y (2015). Study on cargo transport time cost. Value Engineering, (22): 189–190
|
| [11] |
Yang X, Liu L (2015). China-Europe sea-land express passages and the balkans as the pivot of the Belt-and-Road transportation network. Contemporary International Relations, 28–46
|
RIGHTS & PERMISSIONS
The Author(s) 2017. Published by Higher Education Press. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0)