Quantifying the impact of just-in-time (JIT) systems on freight rates

Abstract The maritime industry stands on the brink of a transformative era, driven by technological innovation. This study delves into the realm of JIT policies, exploring their economic impact. According to the findings of relevant studies, there are clear economic and environmental benefits arising from the just-in-time arrival of ships. However, a comprehensive assessment of how the implementation of JIT systems affects freight rates requires additional considerations. Focusing on the economi