Research Article

Container Slot Allocation for Time-Sensitive Cargo in Maritime Transportation: A One-Phase Model with consideration of Port Congestion

Table 4

Results of slot allocation and actual price for Model I.

O-D pair Revenue

Contract marketActual price1167357035762470127622771.9929 × 107
Number of slots (TEU)153811181005206919351304
Free markett = 1Basis price1666293027501970128619901.8746 × 106
Actual price158336803646247014322407
Slots (TEU)15011814512816153
t = 2Basis price1666297328681970133720572.0520 × 106
Actual price158337233764247014832474
Slots (TEU)15312016013817266
Empty containerSlots (TEU)380000000
Total revenue: 2.3797 × 107