The cost‐benefit model for secure container network

The container industry has proved to be a remarkably efficient commercial system, designed to move goods through the international supply chain in the fastest way. The main drivers of the system are speed and low cost. The existing trend demonstrates the importance of development and implementation of new security detecting technology, like RFID e‐seals in container transportation to achieve international secure and efficient global trade. In this paper, we propose a model for cost‐benefit analysis to estimate potential costs and direct benefits through the implementation and use of RFID container electronic seals in global secure container network.