New study shows how shipping business can stay afloat in sinking economy

Kouvelis A new study from the Boeing Center for Technology, Information and Manufacturing (BCTIM) at the Olin Business School, calls on shipping companies to increase their use of full-container loads with specific delivery dates to reduce costs and counter the effects of the recession on global trade. Panos Kouvelis, BCTIM director and distinguished professor of operations and manufacturing management at Washington University in St. Louis – Olin Business School, co-authored the study with Jian Li. In their paper, “Managing the New Uncertainty,” they recommend the changes in the shipping supply chain as the “logical next step” for ocean freight services.