Journal of Engineering and Applied Sciences

Year: 2017
Volume: 12
Issue: 4 SI
Page No. 6764 - 6768

“Cost Analysis of Foldable Containers on Container Freight Station and Port in Chennai Region”

Authors : R. Rajendr Prasad and K.R. Chidambaram

Abstract: In today’s world, most of the goods are traded only with the help of containers. Containers plays a vital role in trade practices. At the same time, transport of empty containers which arises from the need to reposition containers is an expensive business. This holds in particular for shipping lines which are usually responsible for container repositioning and have to bear these container management costs. Shipping lines are known to follow various strategies to reduce the costs of empty transport. A rather unfamiliar but interesting option to save costs is the possibility to fold empty containers. This could save transport costs but also transshipment and storage costs. The primary objective of this study, to analyze the cost analysis of foldable containers in Maritime and logistics sector and secondary objective is to find out some benefits by using foldable containers. This study investigates employees/container operators of Chennai Port Trust and CFS in Chennai Region. Using this data, we have found the costs analysis involved in using foldable container on CFS and port in Chennai Region and also some economic and environmental benefits by using foldable containers.

How to cite this article:

R. Rajendr Prasad and K.R. Chidambaram, 2017. “Cost Analysis of Foldable Containers on Container Freight Station and Port in Chennai Region”. Journal of Engineering and Applied Sciences, 12: 6764-6768.

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