Next Article in Journal
Environmentally Concerned Logistics Operations in Fuzzy Environment: A Literature Survey
Next Article in Special Issue
The Social Investment Capital and the Cargo Volume Transported by Sea: A VAR Approach for Vietnam
Previous Article in Journal
Preparing for the Era of the Digitally Transparent Supply Chain: A Call to Research in a New Kind of Journal
Article Menu

Export Article

Open AccessArticle
Logistics 2017, 1(1), 3; doi:10.3390/logistics1010003

The Origin and Consistency of the Ton–Mile Metric in the Shipping Economics

Department of Maritime Administration, Texas A&M University at Galveston, Galveston, TX 77553, USA
Academic Editors: Ted T. C. Lirn and Jong-Khil Han
Received: 25 October 2016 / Revised: 31 January 2017 / Accepted: 14 February 2017 / Published: 21 February 2017
View Full-Text   |   Download PDF [1539 KB, uploaded 21 February 2017]   |  

Abstract

The aim of this paper is to investigate an underpinning of the conventional maritime economics, supply-demand framework, and measurement of shipping services in particular. The ton–mile metric is frequently employed as a measure of demand in both academia and professional readings. On the other hand, the ton–mile measurement approach has various drawbacks and inconsistencies that are thought to be negligible or simply ignored. The incompleteness of the ton–mile metric approach, which is usually taken as granted, is discussed in terms of its origin and historical presence in the literature. Assumptions behind the approach are investigated, and practical limitations are revisited. View Full-Text
Keywords: ton–mile metric; shipping services; supply-demand framework ton–mile metric; shipping services; supply-demand framework
Figures

Figure 1

This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. (CC BY 4.0).

Scifeed alert for new publications

Never miss any articles matching your research from any publisher
  • Get alerts for new papers matching your research
  • Find out the new papers from selected authors
  • Updated daily for 49'000+ journals and 6000+ publishers
  • Define your Scifeed now

SciFeed Share & Cite This Article

MDPI and ACS Style

Duru, O. The Origin and Consistency of the Ton–Mile Metric in the Shipping Economics. Logistics 2017, 1, 3.

Show more citation formats Show less citations formats

Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Metrics

Article Access Statistics

1

Comments

[Return to top]
Logistics EISSN 2305-6290 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert
Back to Top