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Article: The impact of terminal handling charges on overall shipping charges: An empirical study

TitleThe impact of terminal handling charges on overall shipping charges: An empirical study
Authors
KeywordsPort
Shipping
Terminal Handling Charges
Transportation
Issue Date2003
PublisherPergamon. 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?
AbstractBefore 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 Identifierhttp://hdl.handle.net/10722/177708
ISSN
2015 Impact Factor: 1.994
2015 SCImago Journal Rankings: 1.810
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorFung, MKen_US
dc.contributor.authorCheng, LKen_US
dc.contributor.authorQiu, LDen_US
dc.date.accessioned2012-12-19T09:39:38Z-
dc.date.available2012-12-19T09:39:38Z-
dc.date.issued2003en_US
dc.identifier.citationTransportation Research Part A: Policy And Practice, 2003, v. 37 n. 8, p. 703-716en_US
dc.identifier.issn0965-8564en_US
dc.identifier.urihttp://hdl.handle.net/10722/177708-
dc.description.abstractBefore 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.languageengen_US
dc.publisherPergamon. The Journal's web site is located at http://www.elsevier.com/locate/traen_US
dc.relation.ispartofTransportation Research Part A: Policy and Practiceen_US
dc.subjectPorten_US
dc.subjectShippingen_US
dc.subjectTerminal Handling Chargesen_US
dc.subjectTransportationen_US
dc.titleThe impact of terminal handling charges on overall shipping charges: An empirical studyen_US
dc.typeArticleen_US
dc.identifier.emailQiu, LD: larryqiu@hku.hken_US
dc.identifier.authorityQiu, LD=rp01093en_US
dc.description.naturelink_to_subscribed_fulltexten_US
dc.identifier.doi10.1016/S0965-8564(03)00026-0en_US
dc.identifier.scopuseid_2-s2.0-0041302526en_US
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-0041302526&selection=ref&src=s&origin=recordpageen_US
dc.identifier.volume37en_US
dc.identifier.issue8en_US
dc.identifier.spage703en_US
dc.identifier.epage716en_US
dc.identifier.isiWOS:000184259100005-
dc.publisher.placeUnited Kingdomen_US
dc.identifier.scopusauthoridFung, MK=34881816900en_US
dc.identifier.scopusauthoridCheng, LK=7403337020en_US
dc.identifier.scopusauthoridQiu, LD=7201538008en_US
dc.identifier.citeulike3021051-

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