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ECONOMIC MODEL OF CARGO LOSS - A METHOD FOR EVALUATING CARGO LOSS REDUCTION PROGRAMS

NCJ Number
10550
Author(s)
ANON
Date Published
1972
Length
84 pages
Annotation
COLLECTION AND ANALYSIS OF CARGO LOSS DATA TO DEFINE THE CAUSES AND AMOUNT OF LOSS WITH BASIC SPECIFICATIONS FOR A CARGO LOSS INFORMATION MANAGEMENT SYSTEM (CLIMS).
Abstract
THE STUDY DEMONSTRATES THAT IT IS FEASIBLE TO DEFINE THE COST OF CARGO LOSS IN SUFFICIENT DETAIL TO IDENTIFY PROBLEMS, MEASURE THE EFFECTIVENESS OF CARGO LOSS REDUCTION PROGRAMS, AND COMPARE THE COST OF IMPLEMENTING SUCH PROGRAMS AGAINST THE COST ADVANTAGES WHICH MIGHT BE REALIZED. THE COST MODEL DEVELOPED DEFINES COST FACTORS AND THEIR INTERRELATIONSHIPS BASED ON EXISTING SOURCE DATA FROM FREIGHT CLAIM DOCUMENTATION FROM SHIPPERS AND CARRIERS. (AUTHOR ABSTRACT MODIFIED).