Search results

1 – 10 of over 40000
Open Access
Article
Publication date: 30 June 2008

Young Yoon Choi, Hun-Koo Ha and Minions Park

The maritime freight transportation industry has played an important role in the Korean economy. The Korean maritime freight transportation industry is faced with a period of…

Abstract

The maritime freight transportation industry has played an important role in the Korean economy. The Korean maritime freight transportation industry is faced with a period of transforming it competitively and efficiently in this global age. This paper, therefore, aims to identify the impact of the maritime freight transportation industry in the Korean national economy. Hence, this paper provides policy-makers with accessible and reliable information regarding the role of the Korean maritime freight transportation industry. This study employs input-output (I-O) analysis to examine the role of the maritime freight transportation industry in the national economy for the period 1995-2003, with specific application to Korea. This study pays particular attention to the maritime freight transportation industry by taking the industry as exogenous variable and then investigates its economic impacts. We identify inter-industry linkage effects in 20 sectors, production-inducing effects, added value-inducing effects, and supply-shortage effects of the maritime freight transportation industry.

Details

Journal of International Logistics and Trade, vol. 6 no. 1
Type: Research Article
ISSN: 1738-2122

Keywords

Article
Publication date: 2 November 2020

Anuj Batta, Mohina Gandhi, Arpan Kumar Kar, Navin Loganayagam and Vignesh Ilavarasan

Blockchain technology has fascinated researchers and industry professionals. Since its birth, the attention for blockchain has been exponentially increasing, however, most of the…

1325

Abstract

Purpose

Blockchain technology has fascinated researchers and industry professionals. Since its birth, the attention for blockchain has been exponentially increasing, however, most of the industries are still skeptical in adoption for value creation. The purpose of this study is to analyze the actual level of implementation and diffusion of blockchain technology within the logistics and transportation industry by comparing and using the collective intelligence of academic literature and industry practices of implementation of blockchain in this domain.

Design/methodology/approach

This study uses the methodology of systematic literature review along with inductive reasoning. The systematic literature review of academic and industry frontiers together has brought a bigger and real picture into consideration.

Findings

The results highlight that, within the transportation sector, currently there is a very low diffusion of blockchain, although applications show immense promises for the future. The various application where blockchain technology can make a significant impact are also identified.

Research limitations/implications

Due to the early stage of experimentation with blockchain technology, high-quality data which is relevant to the optimized usage of this technology in the logistics and transportation industry is not available.

Practical implications

The study will help the practitioners in identifying additional avenues in which they could implement blockchain for the effectiveness, efficiency and growth of the logistics and transportation industry.

Originality/value

The analysis of mixed sources of information for undertaking systematic literature review by assessing academic and trade publications is a novelty of this study.

Details

Journal of Science and Technology Policy Management, vol. 12 no. 3
Type: Research Article
ISSN: 2053-4620

Keywords

Open Access
Article
Publication date: 13 February 2024

Seungjae Shin

The purpose of this study is to compare the competition and productivity of the US freight rail transportation industry for the past 41 years (1980 ∼ 2020), which consists of the…

231

Abstract

Purpose

The purpose of this study is to compare the competition and productivity of the US freight rail transportation industry for the past 41 years (1980 ∼ 2020), which consists of the two periods, before and after the abolishment of the Interstate Commerce Commission (ICC) in 1995.

Design/methodology/approach

This study investigates any relationships between the market concentration index values and labor productivity values in the separate two periods, and how the existence of a regulatory body in the freight transportation market impacted the productivity of the freight rail transportation industry by using a Cobb–Douglas production function on annual financial statement data from the US stock exchange market.

Findings

This study found that, after the abolishment of the ICC: (1) the rail industry became less competitive, (2) even if the rail industry had an increasing labor productivity trend, there was a strong negative correlation between the market concentration index and labor productivity and (3) the rail industry’s total factor productivity was decreased.

Originality/value

This study is to find empirical evidence of the effect of the ICC abolishment on the competition and productivity levels in the US freight rail transportation industry using a continuous data set of 41-year financial statements, which is unique compared to previous studies.

Details

Journal of International Logistics and Trade, vol. 22 no. 1
Type: Research Article
ISSN: 1738-2122

Keywords

Article
Publication date: 18 January 2016

Lee W. Munnich and Michael Iacono

This study aims to advance the state of knowledge of the relationship between transportation and economic development by investigating how firms in competitive industry clusters…

3346

Abstract

Purpose

This study aims to advance the state of knowledge of the relationship between transportation and economic development by investigating how firms in competitive industry clusters use transportation networks and what role those networks play in the competitiveness of these clusters.

Design/methodology/approach

The approach combines quantitative and qualitative techniques to geographically identify competitive industry clusters and to investigate the role of transportation. The US Cluster Mapping tool is used to identify competitive clusters by employment location quotients in 25 Minnesota metropolitan and micropolitan regions. A total of 12 competitive clusters were selected for further study, and in-depth interviews and site visits were conducted with businesses in each cluster to explore the competitive importance of different modes of transportation.

Findings

Minnesota’s economic competitiveness is dependent on a well-functioning transportation system in all modes – truck, air, rail, and water. Access to global markets requires rail and truck to reach coastal ports. Air transportation is critical for high-value, low-weight, time-sensitive products such as medical devices or Mayo lab testing samples. Air service is important for customers at Minneapolis – St. Paul, St. Cloud, and Rochester, Duluth, as well as other Minnesota cities. Highway access and reliability is critical for key statewide clusters such as processed food and heavy machinery.

Research limitations/implications

Study limitations include the representativeness of company interviews in generalizing for a cluster and industry employment as a measure of competitiveness.

Practical implications

These methods can yield valuable insights into how transportation functions as an input within competitive industry clusters and how it can inform economic development strategies tailored to certain locations and industries.

Originality/value

This is a first-of-its kind study using industry clusters as a framework for examining the role that transportation plays in economic competitiveness.

Details

Competitiveness Review, vol. 26 no. 1
Type: Research Article
ISSN: 1059-5422

Keywords

Article
Publication date: 23 August 2021

Shernaz Bodhanwala and Ruzbeh Bodhanwala

The study aims to investigate the relationship between aggregate and individual dimensions of sustainability and financial and stock market performances of the firms in the travel…

2122

Abstract

Purpose

The study aims to investigate the relationship between aggregate and individual dimensions of sustainability and financial and stock market performances of the firms in the travel and tourism industry (TTI) across different geographies.

Design/methodology/approach

The sample under study consists of 146 firms belonging to TTI that have consistently obtained environmental, social and governance (ESG) rating over the period 2011–2017 as a part of Thomson Reuters Asset 4 ESG database. An empirical multivariate panel data model is developed to analyse the impact of sustainability (ESG) on firm profitability and market value within three tourism-related industries (transportation, hotel and leisure).

Findings

The study extends the existing literature by investigating the impact of each of the vital dimensions of sustainability performance – ESG – and examines how each dimension would affect financial performance and market value among firms within three tourism-related industries (transportation, hotel and leisure). Among the three tourism industries, hotel industry is observed to have the highest ESG compliance, followed by the transportation industry. Based on the agency and stakeholder theory, the authors hypothesized all ESG components to have significant positive effect on the financial and stock market performance; however, the results reveal that each dimension has different impact on financial performance and market value of firms in the tourism industry.

Research limitations/implications

The study could help firms in the travel and tourism industries to understand which of the dimension of ESG activities is significantly important for their financial and stock market performance.

Originality/value

The unique contribution of this study is that it considers wider definition of the term “Sustainability” and examines the relationship between financial and stock market performances of the firms and each component of ESG. This is one of the few studies at the global level that provides much needed evidence in the area of sustainability performance by the travel and tourism firms.

Details

Social Responsibility Journal, vol. 18 no. 7
Type: Research Article
ISSN: 1747-1117

Keywords

Article
Publication date: 1 March 1972

Canadian carriers' “value‐added” accounts for about one‐eighth of the total costs of marketing and distributing goods in the Canadian economy. This is a high proportion compared…

Abstract

Canadian carriers' “value‐added” accounts for about one‐eighth of the total costs of marketing and distributing goods in the Canadian economy. This is a high proportion compared to other nations, and is a reflection of Canada's scattered and thin domestic market. More to the point, freight transportation is perhaps the most pervasive industry in Canada, in the sense that it is the one which has interaction with the largest number of other (goods) industries. It is in many ways the jugular vein of the Canadian economy. A breakdown in the transportation industry would bring several industries to a standstill, and cripple, in various degrees, all other industries and eventually even bring them to a standstill.

Details

International Journal of Physical Distribution, vol. 2 no. 3
Type: Research Article
ISSN: 0020-7527

Article
Publication date: 22 November 2021

Berty Argiyantari, Togar Mangihut Simatupang and Mursyid Hasan Basri

The application of lean thinking in the transportation industry provides opportunities to streamline operations with a value-added orientation. Prior literature shows evidence of…

Abstract

Purpose

The application of lean thinking in the transportation industry provides opportunities to streamline operations with a value-added orientation. Prior literature shows evidence of limited application of lean thinking in the transportation operations of the pharmaceutical industry. This study aims to close this research gap by investigating the application of lean thinking for improving pharmaceutical transportation performance.

Design/methodology/approach

This study conducted an action research approach at an Indonesian pharmaceutical distribution company. One cycle in one year was analyzed; empirical data were collected and analyzed through direct observations, interviews and the study of company data and documentation.

Findings

The application of lean thinking in waste elimination allowed the delivered project to achieve a remarkable 40% reduction in overall transportation costs, 75% reduction in total lead time, 200% improvement in truck productivity and 100% improvement in truckload capacity utilization.

Practical implications

This study can guide the pharmaceutical industry toward achieving excellence in transportation operations through lean thinking implementation.

Originality/value

There has been limited research on this topic, and this study is the first attempt to generate new and significant evidence of a real-life application of lean thinking within the field of pharmaceutical transportation.

Details

International Journal of Lean Six Sigma, vol. 13 no. 3
Type: Research Article
ISSN: 2040-4166

Keywords

Open Access
Article
Publication date: 31 December 2010

Min-Jung Kim, Seock-Jin Hong and Hun-Koo Ha

This study estimated greenhouse gas emissions from aviation transportation and sought systems that could manage these emissions based on the IPCC guidelines to prepare for…

Abstract

This study estimated greenhouse gas emissions from aviation transportation and sought systems that could manage these emissions based on the IPCC guidelines to prepare for greenhouse gas regulations on international airlines. For this purpose, policies to reduce greenhouse gas emissions from aviation transportation were developed based on international agreements and the cases of advanced countries. In addition, marginal abatement costs and greenhouse gas reduction measures were derived for the effective execution of these policies. While estimating greenhouse gas emissions from aviation transportation, it was found that there has been an average increase of 3.9% and 12.9% for domestic and international flights, indicating that it is urgent that we prepare global greenhouse gas regulations. The estimated marginal abatement cost of greenhouse gas from airplanes was approximately. USD 123, and this amount could be used to decide the price of emission rights, the amount of carbon tax, and could be referred to when distributing incentives for voluntary agreements.

The measures to reduce greenhouse gas emissions for aviation transportation were classified into four types: voluntary agreements, international collaboration, greenhouse gas reduction technology and operation process development, and application of emission trading and carbon tax.

Details

Journal of International Logistics and Trade, vol. 8 no. 2
Type: Research Article
ISSN: 1738-2122

Keywords

Article
Publication date: 6 May 2014

Henrik Pålsson and Gyöngyi Kovács

The purpose of this paper is to evaluate why companies reduce transportation emissions by examining the relative importance of external drivers vs internal motives for companies…

3498

Abstract

Purpose

The purpose of this paper is to evaluate why companies reduce transportation emissions by examining the relative importance of external drivers vs internal motives for companies in considering CO2 emissions in freight transportation.

Design/methodology/approach

A framework is suggested that captures internal, competitiveness-driven motives and external, stakeholder-driven drivers for companies seeking to reduce CO2 in freight transportation. These factors are tested in a large industry survey in Sweden. The survey resulted in 172 responses from corporate heads of logistics, a response rate of 40.3 per cent.

Findings

Variations in responding to stakeholder pressure vs company strategy for reducing transportation emissions are identified. Company strategy outweighs stakeholder pressure in determining whether a company intends to green its transportation. The strategy leads to company-internal motives for reducing transportation emissions which differ from company to company. These differences, in turn, lead to different levels of intended reductions. Stakeholder pressure sets the minimal levels that elevate the performance of a group of companies in an industry or a country, but the differentiation effect across companies is lost. The intention to reduce emissions is greatest if a company has both economic and image motives. The logistics resource configuration does not seem to impact drivers and motives.

Research limitations/implications

The research is based on companies in Sweden. Studies across several countries are needed to investigate the impact of national requirements.

Originality/value

The paper shows that the combination of the resource-based view and stakeholder theory presents a better explanation as to why companies reduce transportation emissions than either of them do separately. By combining the two theories this research differentiates between how stakeholder pressure and company strategy influence intents to green transportation.

Details

International Journal of Physical Distribution & Logistics Management, vol. 44 no. 4
Type: Research Article
ISSN: 0960-0035

Keywords

Book part
Publication date: 18 January 2023

Belaynesh Teklay, Kevin E. Dow, Davood Askarany, Jeffrey Wong and Yun Shen

This paper examines the relationship between transportation quality, customer satisfaction and profitability. Specifically, this study examines the simultaneous and asynchronous…

Abstract

This paper examines the relationship between transportation quality, customer satisfaction and profitability. Specifically, this study examines the simultaneous and asynchronous effect of quality of transportation services on customer satisfaction and financial performance and then performs the same examination in relation to the effect of customer satisfaction on financial performance. The partial least squares approach to structural equation modelling is used to examine longitudinal data from 1995 to 2018 from the US airline industry. The findings suggest that low service quality in transportation has adverse effects on customer satisfaction and financial performance, while the impact of customer satisfaction on financial performance in the US Airline transportation industry is mixed. The authors found that the impact of customer satisfaction on financial performance is significant in full-service airlines but not in low-cost airlines. Surprisingly, the authors found no significant direct relationship between transportation quality and financial performance in the US airline industry.

1 – 10 of over 40000