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Article: The impact of terminal handling charges on overall shipping charges: An empirical study
Title | The impact of terminal handling charges on overall shipping charges: An empirical study |
---|---|
Authors | |
Keywords | Port Shipping Terminal Handling Charges Transportation |
Issue Date | 2003 |
Publisher | Pergamon. The Journal's web site is located at http://www.elsevier.com/locate/tra |
Citation | Transportation Research Part A: Policy And Practice, 2003, v. 37 n. 8, p. 703-716 How to Cite? |
Abstract | Before the introduction of terminal handling charges (THCs), traditional freight rates included both ocean freight charges and terminal charges at ports. Since the introduction of THCs in 1991, the freight rate has become a "port-to-port" charge that covers only the sea leg, while the on-shore costs of using the container terminals are charged separately as THCs. Although both THCs and freight rates are collectively set by conferences, in this study we argue that the former are easier to enforce because they are invariant to other attributes such as haulage distance, inland transport services and types of commodity being shipped. This argument is consistent with the empirical findings from this study that suggest the separation of ocean freight rates from terminal charges has increased the overall shipping charges. In addition, we find that THCs affect the Hong Kong container handling industry by lowering its throughput. © 2003 Elsevier Ltd. All rights reserved. |
Persistent Identifier | http://hdl.handle.net/10722/177708 |
ISSN | 2021 Impact Factor: 6.615 2020 SCImago Journal Rankings: 2.178 |
ISI Accession Number ID | |
References |
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Fung, MK | en_US |
dc.contributor.author | Cheng, LK | en_US |
dc.contributor.author | Qiu, LD | en_US |
dc.date.accessioned | 2012-12-19T09:39:38Z | - |
dc.date.available | 2012-12-19T09:39:38Z | - |
dc.date.issued | 2003 | en_US |
dc.identifier.citation | Transportation Research Part A: Policy And Practice, 2003, v. 37 n. 8, p. 703-716 | en_US |
dc.identifier.issn | 0965-8564 | en_US |
dc.identifier.uri | http://hdl.handle.net/10722/177708 | - |
dc.description.abstract | Before the introduction of terminal handling charges (THCs), traditional freight rates included both ocean freight charges and terminal charges at ports. Since the introduction of THCs in 1991, the freight rate has become a "port-to-port" charge that covers only the sea leg, while the on-shore costs of using the container terminals are charged separately as THCs. Although both THCs and freight rates are collectively set by conferences, in this study we argue that the former are easier to enforce because they are invariant to other attributes such as haulage distance, inland transport services and types of commodity being shipped. This argument is consistent with the empirical findings from this study that suggest the separation of ocean freight rates from terminal charges has increased the overall shipping charges. In addition, we find that THCs affect the Hong Kong container handling industry by lowering its throughput. © 2003 Elsevier Ltd. All rights reserved. | en_US |
dc.language | eng | en_US |
dc.publisher | Pergamon. The Journal's web site is located at http://www.elsevier.com/locate/tra | en_US |
dc.relation.ispartof | Transportation Research Part A: Policy and Practice | en_US |
dc.subject | Port | en_US |
dc.subject | Shipping | en_US |
dc.subject | Terminal Handling Charges | en_US |
dc.subject | Transportation | en_US |
dc.title | The impact of terminal handling charges on overall shipping charges: An empirical study | en_US |
dc.type | Article | en_US |
dc.identifier.email | Qiu, LD: larryqiu@hku.hk | en_US |
dc.identifier.authority | Qiu, LD=rp01093 | en_US |
dc.description.nature | link_to_subscribed_fulltext | en_US |
dc.identifier.doi | 10.1016/S0965-8564(03)00026-0 | en_US |
dc.identifier.scopus | eid_2-s2.0-0041302526 | en_US |
dc.relation.references | http://www.scopus.com/mlt/select.url?eid=2-s2.0-0041302526&selection=ref&src=s&origin=recordpage | en_US |
dc.identifier.volume | 37 | en_US |
dc.identifier.issue | 8 | en_US |
dc.identifier.spage | 703 | en_US |
dc.identifier.epage | 716 | en_US |
dc.identifier.isi | WOS:000184259100005 | - |
dc.publisher.place | United Kingdom | en_US |
dc.identifier.scopusauthorid | Fung, MK=34881816900 | en_US |
dc.identifier.scopusauthorid | Cheng, LK=7403337020 | en_US |
dc.identifier.scopusauthorid | Qiu, LD=7201538008 | en_US |
dc.identifier.citeulike | 3021051 | - |
dc.identifier.issnl | 0965-8564 | - |