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Article
Publication date: 9 June 2021

Tomoya Kawasaki, Takuma Matsuda, Yui-yip Lau and Xiaowen Fu

In the maritime industry, it is vital to have a reliable forecast of container shipping demand. Although indicators of economic conditions have been used in modeling container…

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Abstract

Purpose

In the maritime industry, it is vital to have a reliable forecast of container shipping demand. Although indicators of economic conditions have been used in modeling container shipping demand on major routes such as those from East Asia to the USA, the duration of such indicators’ effects on container movement demand have not been systematically examined. To bridge this gap in research, this study aims to identify the important US economic indicators that significantly affect the volume of container movements and empirically reveal the duration of such impacts.

Design/methodology/approach

The durability of economic indicators on container movements is identified by a vector autoregression (VAR) model using monthly-based time-series data. In the VAR model, this paper can analyze the effect of economic indicators at t-k on container movement at time t. In the model, this paper considers nine US economic indicators as explanatory variables that are likely to affect container movements. Time-series data are used for 228 months from January 2001 to December 2019.

Findings

In the mainland China route, “building permission” receives high impact and has a duration of 14 months, reflecting the fact that China exports a high volume of housing-related goods to the USA. Regarding the South Korea and Japan routes, where high volumes of machinery goods are exported to the USA, the “index of industrial production” receives a high impact with 11 and 13 months’ duration, respectively. On the Taiwan route, as several types of goods are transported with significant shares, “building permits” and “index of industrial production” have important effects.

Originality/value

Freight demand forecasting for bulk cargo is a popular research field because of the public availability of several time-series data. However, no study to date has measured the impact and durability of economic indicators on container movement. To bridge the gap in the literature in terms of the impact of economic indicators and their durability, this paper developed a time-series model of the container movement from East Asia to the USA.

Details

Maritime Business Review, vol. 7 no. 4
Type: Research Article
ISSN: 2397-3757

Keywords

Content available
Book part
Publication date: 6 August 2014

Abstract

Details

The Economics of International Airline Transport
Type: Book
ISBN: 978-1-78350-639-2

Open Access
Article
Publication date: 15 July 2022

Xuwei Jin, Shize Huang, Xiaowen Liu, Jing Zhou, Jinzhe Qin, Decun Dong and Xingying Li

Electromagnetic interference (EMI) on communication systems of unban rail transit can hardly be clarified because of complicated factors around railways. This paper aims to target…

Abstract

Purpose

Electromagnetic interference (EMI) on communication systems of unban rail transit can hardly be clarified because of complicated factors around railways. This paper aims to target this issue and extend experimental and theoretical analysis.

Design/methodology/approach

This paper take the Nanjing Dashengguan Bridge as an example, because it carries the most tracks in the world and bears three kinds of trains running through, providing a perfect complex environment. First, it investigates the three communication systems, terrestrial trunked radio, communications-based train control (CBTC) and passenger information system (PIS) that Nanjing Metro uses, and select appropriate devices accordingly. Second, it establishes a system level platform and conduct three tests to analyze their respective operating principles and performance difference under common electromagnetic environments. Third, it adopts theoretical formula to verify test results.

Findings

The experiment results and theoretical analysis mutually corroborate each other and present practical recommendations: an 8 m or more distance between two tracks will ensure no obvious EMI created by a passing train on communication systems; two certain communication systems should not share the same frequency band; interference level is more related to field strength than weathers and building materials; and CBTC DSSS waveguide mode as well as PIS LTE mode are preferred.

Originality/value

This research also provides a practical method of investigating EMI for other complex situations.

Details

Smart and Resilient Transport, vol. 4 no. 2
Type: Research Article
ISSN: 2632-0487

Keywords

Content available
Book part
Publication date: 1 January 2014

Abstract

Details

Advances in Global Leadership
Type: Book
ISBN: 978-1-78350-479-4

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