Pub Date : 2024-09-01DOI: 10.1016/j.ajsl.2024.06.001
The Republic of Sakha (Yakutia) stands as Russia’s most extensive administrative region. However, the logistics system in Yakutia faces significant challenges stemming from issues of accessibility, climatic conditions, and regulatory constraints. This study employs the Consistent Fuzzy Preference Relation (CFPR) method, providing a structured framework to prioritize key factors crucial for improving logistics decision-making. The findings reveal that the most prioritized factors were “national and regional financial support” (importance weight: 0.143) and “legislative and regulative support” (importance weight: 0.117), both falling under the principle factor category of “financial and legislative support.” By delineating industrial implications through the proposed decision-making strategies, this study offers a foundational reference for addressing the logistics landscape requirements, actionable by both government bodies and stakeholders.
{"title":"Prioritizing key factors for improving logistics of Sakha Republic using CFPR","authors":"","doi":"10.1016/j.ajsl.2024.06.001","DOIUrl":"10.1016/j.ajsl.2024.06.001","url":null,"abstract":"<div><p>The Republic of Sakha (Yakutia) stands as Russia’s most extensive administrative region. However, the logistics system in Yakutia faces significant challenges stemming from issues of accessibility, climatic conditions, and regulatory constraints. This study employs the Consistent Fuzzy Preference Relation (CFPR) method, providing a structured framework to prioritize key factors crucial for improving logistics decision-making. The findings reveal that the most prioritized factors were “national and regional financial support” (importance weight: 0.143) and “legislative and regulative support” (importance weight: 0.117), both falling under the principle factor category of “financial and legislative support.” By delineating industrial implications through the proposed decision-making strategies, this study offers a foundational reference for addressing the logistics landscape requirements, actionable by both government bodies and stakeholders.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2092521224000233/pdfft?md5=f38e9c483f03d40c8ed111619ecb5468&pid=1-s2.0-S2092521224000233-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141403750","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-09-01DOI: 10.1016/j.ajsl.2024.06.002
The analysis of research trends in papers published in academic journals can help establish the identity of a field by discovering the research content and characteristics conducted from the past to the present. This study aimed to establish research trends among publications in the Asian Journal of Shipping and Logistics (AJSL). This study implemented the social network analysis (SNA) method using three approaches (degree centrality, closeness centrality, and betweenness centrality) to highlight the connections between research keywords published from 2009 to 2022. This study divided the publications into three periods (2009–2014, 2015–2018, and 2019–2022). The degree centrality analysis of SNA for the period 2009–2014 shows that the keywords “container shipping,” “logistics,” and “port” ranked first, second, and third, respectively. The analysis for 2015–2018 shows that the keywords “analytic hierarchy process,” “China,” and “logistics” ranked first, second, and third, respectively. Finally, the analysis for 2019–2022 shows that “DEA,” “Vietnam,” and “container terminal” ranked first, second, and third, respectively. It is noteworthy that attention in the final period switched from China to Vietnam.
{"title":"An analysis of research trends of the Asian Journal of Shipping and Logistics","authors":"","doi":"10.1016/j.ajsl.2024.06.002","DOIUrl":"10.1016/j.ajsl.2024.06.002","url":null,"abstract":"<div><p>The analysis of research trends in papers published in academic journals can help establish the identity of a field by discovering the research content and characteristics conducted from the past to the present. This study aimed to establish research trends among publications in the <em>Asian Journal of Shipping and Logistics</em> (<em>AJSL</em>). This study implemented the social network analysis (SNA) method using three approaches (degree centrality, closeness centrality, and betweenness centrality) to highlight the connections between research keywords published from 2009 to 2022. This study divided the publications into three periods (2009–2014, 2015–2018, and 2019–2022). The degree centrality analysis of SNA for the period 2009–2014 shows that the keywords “container shipping,” “logistics,” and “port” ranked first, second, and third, respectively. The analysis for 2015–2018 shows that the keywords “analytic hierarchy process,” “China,” and “logistics” ranked first, second, and third, respectively. Finally, the analysis for 2019–2022 shows that “DEA,” “Vietnam,” and “container terminal” ranked first, second, and third, respectively. It is noteworthy that attention in the final period switched from China to Vietnam.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2092521224000245/pdfft?md5=974a2be453c33a7353f231dc6bd5743b&pid=1-s2.0-S2092521224000245-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141413377","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-09-01DOI: 10.1016/j.ajsl.2024.08.001
Atcharaporn Janmethakulwat , Bundit Thanasopon
This exploratory study delves into the factors influencing digital technology adoption and the dynamics of its institutionalization within the Thai maritime industry, a key sector underpinning Thailand's economic expansion. Data was collected through semi-structured interviews with executive leaders from seven Thai shipowners, utilizing a snowball sampling method. The study reveals that digital technology adoption is driven by a complex interplay of factors including reliable IT infrastructure, perceived technological benefits, organizational culture, top management support, IT skills and support, legal, regulatory, and policy requirements, social pressure influence, and varying degrees of government support. Additionally, the institutionalization of such technologies within the maritime sector is heavily reliant on well-defined organizational rules and the establishment of trust in technological advancements. These findings not only enrich the theoretical landscape regarding digital adoption but also offer practical insights for industry stakeholders, paving the way for more nuanced interventions and policy formulations aimed at enhancing digital integration in this traditionally conservative sector.
泰国海运业是支撑泰国经济扩张的关键行业,本探索性研究深入探讨了影响数字技术应用的因素及其制度化的动态。研究采用滚雪球式抽样方法,通过对七家泰国船东的执行领导进行半结构化访谈收集数据。研究结果表明,数字技术的采用受到各种复杂因素的影响,包括可靠的 IT 基础设施、可感知的技术优势、组织文化、高层管理支持、IT 技能和支持、法律、法规和政策要求、社会压力影响以及不同程度的政府支持。此外,此类技术在海事部门的制度化在很大程度上依赖于明确的组织规则和对技术进步的信任。这些发现不仅丰富了有关数字化应用的理论图景,也为行业利益相关者提供了实用的见解,为更细致的干预措施和政策制定铺平了道路,旨在加强这一传统保守行业的数字化整合。
{"title":"Digital technology adoption and institutionalization in Thai maritime industry: An exploratory study of the Thai shipowners","authors":"Atcharaporn Janmethakulwat , Bundit Thanasopon","doi":"10.1016/j.ajsl.2024.08.001","DOIUrl":"10.1016/j.ajsl.2024.08.001","url":null,"abstract":"<div><p>This exploratory study delves into the factors influencing digital technology adoption and the dynamics of its institutionalization within the Thai maritime industry, a key sector underpinning Thailand's economic expansion. Data was collected through semi-structured interviews with executive leaders from seven Thai shipowners, utilizing a snowball sampling method. The study reveals that digital technology adoption is driven by a complex interplay of factors including reliable IT infrastructure, perceived technological benefits, organizational culture, top management support, IT skills and support, legal, regulatory, and policy requirements, social pressure influence, and varying degrees of government support. Additionally, the institutionalization of such technologies within the maritime sector is heavily reliant on well-defined organizational rules and the establishment of trust in technological advancements. These findings not only enrich the theoretical landscape regarding digital adoption but also offer practical insights for industry stakeholders, paving the way for more nuanced interventions and policy formulations aimed at enhancing digital integration in this traditionally conservative sector.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2092521224000270/pdfft?md5=478ae16f8267625677a25a89e7a0d018&pid=1-s2.0-S2092521224000270-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142172594","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-09-01DOI: 10.1016/j.ajsl.2024.06.003
Thi Yen Pham , Ngoc Cuong Truong , Phung Hung Nguyen , Hwan-Seong Kim
This study aims to assess the container terminal choice from the perspective of shipping lines. The method incorporates the technique for order of preference by similarity to the ideal solution (TOPSIS) under fuzzy environmental conditions, the analytic hierarchy process (AHP), and cumulative prospect theory (CPT) to address the problem while accounting for both quantitative and qualitative criteria as well as the risk attitude of the decision-makers. This paper evaluates six container terminals in Vietnam as a case study to illustrate the feasibility of the proposed approach. A summary of the assessment of shipping lines shows that operational efficiency is the most crucial criterion for the terminal’s choice; the Cat Lai terminal is considered the most appropriate terminal in Vietnam. In addition, prospect parameters have an impact on the best alternative. The findings could offer valuable insights for container terminal operators to enhance their competitiveness. Simultaneously, liner shipping companies stand to benefit by making informed and strategic decisions in their port selection processes.
本研究旨在从航运公司的角度评估集装箱码头的选择。该方法结合了模糊环境条件下的理想解相似度排序技术(TOPSIS)、层次分析法(AHP)和累积前景理论(CPT)来解决问题,同时考虑了定量和定性标准以及决策者的风险态度。本文以越南的六个集装箱码头为案例进行了评估,以说明所提方法的可行性。对航运公司的评估总结表明,运营效率是选择码头的最关键标准;Cat Lai 码头被认为是越南最合适的码头。此外,前景参数对最佳选择也有影响。研究结果可为集装箱码头运营商提高竞争力提供有价值的见解。同时,班轮航运公司在选择港口过程中做出明智的战略决策,也会从中受益。
{"title":"The fuzzy MCDM for container terminal choice in Vietnam from shipping lines’ perspective based on cumulative prospect theory","authors":"Thi Yen Pham , Ngoc Cuong Truong , Phung Hung Nguyen , Hwan-Seong Kim","doi":"10.1016/j.ajsl.2024.06.003","DOIUrl":"10.1016/j.ajsl.2024.06.003","url":null,"abstract":"<div><p>This study aims to assess the container terminal choice from the perspective of shipping lines. The method incorporates the technique for order of preference by similarity to the ideal solution (TOPSIS) under fuzzy environmental conditions, the analytic hierarchy process (AHP), and cumulative prospect theory (CPT) to address the problem while accounting for both quantitative and qualitative criteria as well as the risk attitude of the decision-makers. This paper evaluates six container terminals in Vietnam as a case study to illustrate the feasibility of the proposed approach. A summary of the assessment of shipping lines shows that operational efficiency is the most crucial criterion for the terminal’s choice; the Cat Lai terminal is considered the most appropriate terminal in Vietnam. In addition, prospect parameters have an impact on the best alternative. The findings could offer valuable insights for container terminal operators to enhance their competitiveness. Simultaneously, liner shipping companies stand to benefit by making informed and strategic decisions in their port selection processes.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":null,"pages":null},"PeriodicalIF":3.3,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2092521224000257/pdfft?md5=50c21b5e9a225a6a42c032fdb9dd2713&pid=1-s2.0-S2092521224000257-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141694449","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-06-01DOI: 10.1016/j.ajsl.2024.02.003
Feng Liu , Yanling Yu , Yongchun Fang , Minghao Zhu , Yangyan Shi , Shufeng (Simon) Xiao
Lean strategy, aimed at optimizing resources, minimizing energy usage, and achieving zero waste in the production process, has been increasingly embraced to reduce systemwide costs in manufacturing. However, practitioners in small and medium-sized enterprises (SMEs) often lack the necessary expertize to implement lean strategies successfully. This study systematically examines the impact of lean strategy on the financial performance of Chinese SMEs. Specifically, we categorize lean strategy into two components: inventory leanness and operational leanness. We introduce a novel measure, the empirical production leanness indicator (EPLI), to quantify systematic production practices aimed at waste reduction. Drawing on a large sample of SMEs, our empirical findings suggest that both inventory leanness and operational leanness exhibit an inverted U-shaped relationship with an SME’s financial performance. In conclusion, this study contributes to the lean literature and offers significant practical implications for SMEs seeking to benefit from adopting lean strategies.
精益战略旨在优化资源、最大限度地减少能源消耗,并在生产过程中实现零浪费。然而,中小型企业(SMEs)的从业人员往往缺乏成功实施精益战略所需的专业知识。本研究系统地探讨了精益战略对中国中小企业财务绩效的影响。具体而言,我们将精益战略分为两个部分:库存精益和运营精益。我们引入了一个新的衡量指标--经验生产精益指标(EPLI),以量化旨在减少浪费的系统化生产实践。通过对大量中小型企业进行抽样调查,我们的实证研究结果表明,库存精益化和运营精益化与中小型企业的财务业绩呈倒 U 型关系。总之,本研究为精益化文献做出了贡献,并为寻求从采用精益化战略中获益的中小企业提供了重要的实践意义。
{"title":"Lean strategy in SMEs: Inventory leanness, operational leanness, and financial performance","authors":"Feng Liu , Yanling Yu , Yongchun Fang , Minghao Zhu , Yangyan Shi , Shufeng (Simon) Xiao","doi":"10.1016/j.ajsl.2024.02.003","DOIUrl":"10.1016/j.ajsl.2024.02.003","url":null,"abstract":"<div><p>Lean strategy, aimed at optimizing resources, minimizing energy usage, and achieving zero waste in the production process, has been increasingly embraced to reduce systemwide costs in manufacturing. However, practitioners in small and medium-sized enterprises (SMEs) often lack the necessary expertize to implement lean strategies successfully. This study systematically examines the impact of lean strategy on the financial performance of Chinese SMEs. Specifically, we categorize lean strategy into two components: inventory leanness and operational leanness. We introduce a novel measure, the empirical production leanness indicator (EPLI), to quantify systematic production practices aimed at waste reduction. Drawing on a large sample of SMEs, our empirical findings suggest that both inventory leanness and operational leanness exhibit an inverted U-shaped relationship with an SME’s financial performance. In conclusion, this study contributes to the lean literature and offers significant practical implications for SMEs seeking to benefit from adopting lean strategies.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":null,"pages":null},"PeriodicalIF":3.1,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2092521224000075/pdfft?md5=4859e07fb17d91fd52b4e606caf854ce&pid=1-s2.0-S2092521224000075-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140269683","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
According the Resource Based View (RBV) theory and the sustainable development goals (SDG) framework, this study investigates the structural relationships between sustainable development goals, supply chain collaboration, and sustained competitive advantage. Data were collected from a survey of 359 firms in Thailand's coffee and tea supply chains and analyzed using structural equation modeling. The findings show that partnership is the most influential aspect of the SDG, whereas resource sharing is the most influential aspect of supply chain collaboration. Findings also show that supply chain collaboration has more influence than capability to enhance sustained competitive advantage. This research sheds light on the linkage between sustainable development goals and supply chain collaboration and capability, which affects the firm's sustained competitive advantage.
{"title":"Impact of sustainable development goal orientation on supply chain collaboration and sustained competitive advantage: Evidence from the tea and coffee industry","authors":"Benjenop Buranasiri , Po-Lin Lai , Suhan Woo , Pairach Piboonrungroj","doi":"10.1016/j.ajsl.2024.01.004","DOIUrl":"10.1016/j.ajsl.2024.01.004","url":null,"abstract":"<div><p>According the Resource Based View (RBV) theory and the sustainable development goals (SDG) framework, this study investigates the structural relationships between sustainable development goals, supply chain collaboration, and sustained competitive advantage. Data were collected from a survey of 359 firms in Thailand's coffee and tea supply chains and analyzed using structural equation modeling. The findings show that partnership is the most influential aspect of the SDG, whereas resource sharing is the most influential aspect of supply chain collaboration. Findings also show that supply chain collaboration has more influence than capability to enhance sustained competitive advantage. This research sheds light on the linkage between sustainable development goals and supply chain collaboration and capability, which affects the firm's sustained competitive advantage.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":null,"pages":null},"PeriodicalIF":3.1,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S209252122400004X/pdfft?md5=2e0d95c1235a38802825974728e624cf&pid=1-s2.0-S209252122400004X-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140272559","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-06-01DOI: 10.1016/j.ajsl.2024.02.004
Hee-Sung Bae
The objective of this study is to examine the effects of trust and communication on flexibility and customer relationships between port logistics firms and shippers. In order to achieve this objective, the study collected questionnaires from 238 port logistics firms and conducted analyses. The results are as follows: First, the trust of port logistics firms has a positive effect on both flexibility and customer relationships. When there is a high level of mutual trust between port logistics firms and shippers, the firms can provide flexible services and work towards a common goal by sharing information and resources based on a strong understanding. Second, port logistics firms that engage in frequent communicate with shippers are more likely to provide flexible services. By exchanging information with shippers, port logistics firms can establish service processes that align with the specific needs of the shippers, ultimately leading to the provision of superior services. Third, the flexibility of port logistics firms enhances customer relationships with shippers. By offering flexible services, port logistics firms can build strong relationships with shippers and work together towards common goals. Fourth, trust and communication of port logistics firms further reinforce the relationship between flexibility and customer relationships. When there are trust and effective communication between the firms and shippers, the positive effect of flexibility on customer relationships is amplified.
{"title":"The effects of trust and communication on flexibility and customer relationships between port logistics firms and shippers","authors":"Hee-Sung Bae","doi":"10.1016/j.ajsl.2024.02.004","DOIUrl":"10.1016/j.ajsl.2024.02.004","url":null,"abstract":"<div><p>The objective of this study is to examine the effects of trust and communication on flexibility and customer relationships between port logistics firms and shippers. In order to achieve this objective, the study collected questionnaires from 238 port logistics firms and conducted analyses. The results are as follows: First, the trust of port logistics firms has a positive effect on both flexibility and customer relationships. When there is a high level of mutual trust between port logistics firms and shippers, the firms can provide flexible services and work towards a common goal by sharing information and resources based on a strong understanding. Second, port logistics firms that engage in frequent communicate with shippers are more likely to provide flexible services. By exchanging information with shippers, port logistics firms can establish service processes that align with the specific needs of the shippers, ultimately leading to the provision of superior services. Third, the flexibility of port logistics firms enhances customer relationships with shippers. By offering flexible services, port logistics firms can build strong relationships with shippers and work together towards common goals. Fourth, trust and communication of port logistics firms further reinforce the relationship between flexibility and customer relationships. When there are trust and effective communication between the firms and shippers, the positive effect of flexibility on customer relationships is amplified.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":null,"pages":null},"PeriodicalIF":3.1,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2092521224000087/pdfft?md5=7ba81c0a8cb826e809be738acfa168c0&pid=1-s2.0-S2092521224000087-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140279057","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-06-01DOI: 10.1016/j.ajsl.2024.02.002
Young-Seo Choi, Maria Listan Bernal, Stanislav Tsymzhitov, Gi-Tae Yeo
In the Sakha Republic, aviation serves as the sole mode of year-round transportation, which is crucial for overcoming logistical challenges in remote areas of the region. This study utilizes DEA-SBM analysis to assess the efficiency of 21 airports in addressing issues within the Sakha Republic’s airport infrastructure. The study revealed that six airports achieved the highest efficiency score: Batagay Airport, Chulman Airport, Deputatsky Airport, Ust-Kuyga Airport, Ust-Nera Airport, and Yakutsk Airport. The findings highlight the potential of DEA-SBM analysis for airport operators and managers to evaluate input and output levels for enhanced operational efficiency.
{"title":"Assessing airport efficiency in the Sakha Republic: A DEA-SBM analysis","authors":"Young-Seo Choi, Maria Listan Bernal, Stanislav Tsymzhitov, Gi-Tae Yeo","doi":"10.1016/j.ajsl.2024.02.002","DOIUrl":"10.1016/j.ajsl.2024.02.002","url":null,"abstract":"<div><p>In the Sakha Republic, aviation serves as the sole mode of year-round transportation, which is crucial for overcoming logistical challenges in remote areas of the region. This study utilizes DEA-SBM analysis to assess the efficiency of 21 airports in addressing issues within the Sakha Republic’s airport infrastructure. The study revealed that six airports achieved the highest efficiency score: Batagay Airport, Chulman Airport, Deputatsky Airport, Ust-Kuyga Airport, Ust-Nera Airport, and Yakutsk Airport. The findings highlight the potential of DEA-SBM analysis for airport operators and managers to evaluate input and output levels for enhanced operational efficiency.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":null,"pages":null},"PeriodicalIF":3.1,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2092521224000063/pdfft?md5=03cde1a2312f43a613aab27f3634ca71&pid=1-s2.0-S2092521224000063-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140271027","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-06-01DOI: 10.1016/j.ajsl.2024.02.001
Sunghwa Park , Janghan Kwon , Hanna Kim , Heeyoung Ryu , Taeil Kim
This study examines the effect of macroeconomic shocks on the shipping market using time-series data by comparing the periods of the COVID-19 and traditional crises. A structural vector autoregressive model and forecast scenario were applied for the analysis. The results can be summarized as follows. First, the response of freight rates to macroeconomic shocks in the shipping market was consistent with the theoretical predictions. Second, the freight rates were the most affected by VIX shock during the global financial crisis, by fleet development shock during the period of overbuilt shipping capacity, and by the oil price during the periods of instability in the oil market. In particular, we found that businesses recovered more quickly from the shock during the COVID-19 compared to other periods, implying that the uncertainty had a greater influence than real economic factors during the pandemic. Finally, forecast scenario analysis showed that freight rates fell sharply immediately after the global financial crisis and during COVID-19 but the pace of recovery was faster during the COVID-19 than the global financial crisis. This study is significant as it empirically shows that the main factors affecting the shipping market and its transition process differ according to the characteristics of episodes.
{"title":"Effect of macroeconomic shocks on the shipping market: Focusing on COVID-19 pandemic","authors":"Sunghwa Park , Janghan Kwon , Hanna Kim , Heeyoung Ryu , Taeil Kim","doi":"10.1016/j.ajsl.2024.02.001","DOIUrl":"10.1016/j.ajsl.2024.02.001","url":null,"abstract":"<div><p>This study examines the effect of macroeconomic shocks on the shipping market using time-series data by comparing the periods of the COVID-19 and traditional crises. A structural vector autoregressive model and forecast scenario were applied for the analysis. The results can be summarized as follows. First, the response of freight rates to macroeconomic shocks in the shipping market was consistent with the theoretical predictions. Second, the freight rates were the most affected by VIX shock during the global financial crisis, by fleet development shock during the period of overbuilt shipping capacity, and by the oil price during the periods of instability in the oil market. In particular, we found that businesses recovered more quickly from the shock during the COVID-19 compared to other periods, implying that the uncertainty had a greater influence than real economic factors during the pandemic. Finally, forecast scenario analysis showed that freight rates fell sharply immediately after the global financial crisis and during COVID-19 but the pace of recovery was faster during the COVID-19 than the global financial crisis. This study is significant as it empirically shows that the main factors affecting the shipping market and its transition process differ according to the characteristics of episodes.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":null,"pages":null},"PeriodicalIF":3.1,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2092521224000051/pdfft?md5=e4cadf9a6995b133da79af9ec307b165&pid=1-s2.0-S2092521224000051-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140275991","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-06-01DOI: 10.1016/j.ajsl.2024.04.001
Mai Ngoc Tran
This study investigates the impact of green logistics on Vietnam's regional trade within the frameworks of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Regional Comprehensive Economic Partnership (RCEP), Association of Southeast Asian Nations (ASEAN), and Asia-Pacific Economic Cooperation (APEC) from 2007 to 2020. Employing a newly formulated Green Logistics Performance Index (GLPI) derived through Principal Component Analysis (PCA), the research assesses how sustainable logistics practices influence trade performance. An extended gravity model is utilized to analyze the impact of green logistics across different regional trade agreements. The findings suggest that improved green logistics correlate positively with enhanced trade outcomes, highlighting the dual benefits of sustainability efforts in the environmental and economic realms. The study contributes to the limited empirical research on the intersection of green logistics and trade in Vietnam, offering a methodological approach for future analyses in this field. It provides valuable insights for businesses and policymakers aiming to align economic growth with sustainability objectives.
{"title":"Impact of green logistics on Vietnam's regional trade","authors":"Mai Ngoc Tran","doi":"10.1016/j.ajsl.2024.04.001","DOIUrl":"10.1016/j.ajsl.2024.04.001","url":null,"abstract":"<div><p>This study investigates the impact of green logistics on Vietnam's regional trade within the frameworks of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Regional Comprehensive Economic Partnership (RCEP), Association of Southeast Asian Nations (ASEAN), and Asia-Pacific Economic Cooperation (APEC) from 2007 to 2020. Employing a newly formulated Green Logistics Performance Index (GLPI) derived through Principal Component Analysis (PCA), the research assesses how sustainable logistics practices influence trade performance. An extended gravity model is utilized to analyze the impact of green logistics across different regional trade agreements. The findings suggest that improved green logistics correlate positively with enhanced trade outcomes, highlighting the dual benefits of sustainability efforts in the environmental and economic realms. The study contributes to the limited empirical research on the intersection of green logistics and trade in Vietnam, offering a methodological approach for future analyses in this field. It provides valuable insights for businesses and policymakers aiming to align economic growth with sustainability objectives.</p></div>","PeriodicalId":46505,"journal":{"name":"Asian Journal of Shipping and Logistics","volume":null,"pages":null},"PeriodicalIF":3.1,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S2092521224000166/pdfft?md5=9c16ef440e2dc50d9688ca72d980b16f&pid=1-s2.0-S2092521224000166-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141035025","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}