Open AccessArticle
The Origin and Consistency of the Ton–Mile Metric in the Shipping Economics
Logistics 2017, 1(1), 3; doi:10.3390/logistics1010003 -
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
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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. Full article
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Open AccessEditorial
Preparing for the Era of the Digitally Transparent Supply Chain: A Call to Research in a New Kind of Journal
Logistics 2017, 1(1), 2; doi:10.3390/logistics1010002 -
Open AccessEditorial
Logistics Is about Competitiveness and More
Logistics 2017, 1(1), 1; doi:10.3390/logistics1010001 -
Abstract Stripped to its basics, logistics is about capturing competitive advantage and creating customer value, not just optimizing costs.[...] Full article