• Title/Summary/Keyword: Freight Volume

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Model of Korean Value-added Logistics Cluster (한국형 부가가치물류클러스터 모형에 관한 연구)

  • Kim, Gyeong-Seok
    • Journal of Korean Society of Transportation
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    • v.26 no.4
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    • pp.275-285
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    • 2008
  • The "logistics industry" is recommended as an economic growth power in the future in Korea. In the past, Korea has handled China's freight volume overflow as a transfer hub. However, recently China has been constructing its own port facilities and many mega fleets have been moving to China's ports. As a result, the position of Korea's hub-ports facing a crisis. Now, new strategies are necessary for renovating Korea's logistics industry and international competitiveness. This study proposes a "value-added logistics cluster" as a new strategy. In particular, this study proposes a Korean value-added logistics cluster that maximizes Korea's locational and industrial advantages. Additionally, a model for a value-added logistics cluster is proposed for the rehabilitation of Korea's ports as logistics hubs in Northeast Asia. Many analyses are executed step-by-step to develop a Korean value-added logistics cluster model, such as an analysis of the relationship between the logistics industry and other industries for the definition of cluster components. Lastly, the Korean value-added logistics cluster model is applied to Kwangyang port, which is currently confronted with a crisis because of the decrease of freight volume.

Estimating the Optimal Ratio of Standard Pallet Use for Logistics Standardization

  • Hong, Sung-Wook;Lee, Soon-Cheul
    • Journal of Korea Port Economic Association
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    • v.22 no.1
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    • pp.1-15
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    • 2006
  • This paper analyzes how levels of logistics standardization are related to logistics costs. The study surveyed ratios of standard pallet use in order to measure levels of firms' standardization in logistics management. Research focused on how firms' logistics costs were related to their levels of logistics standardization and ratios of standard pallet use. After measuring use of standard pallets and logistics costs, optimal levels of logistics standardization were estimated based on survey data. Logistics costs and standardization were more related to labor than to freight volume or export. Results indicated that firms could reduce logistics costs by raising levels of logistics standardization; optimal levels of standard pallet use out of Korean firms' total manufacturing cargo volume were estimated at 44.26% for multi-standard pallets and 57.99% for a single standard pallet (a unit load system). The study demonstrated that adopting a single standard pallet results in better cost saving logistics systems than use of multi-standard pallet types. These results may explain why firms pursue standardization in logistics systems.

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A Study on Recent Trends and Prospects of Domestic and International Shipping Industries (국내외 해운업의 최근 동향과 전망에 관한 연구)

  • Byun, Dae-Ho
    • Asia-Pacific Journal of Business
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    • v.9 no.3
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    • pp.101-115
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    • 2018
  • The purpose of this study is to examine the growth status and future prospects of the shipping industry over the past decade through a review of the statistical database and related literature. We classify the shipping industry and survey a number of companies, number of employees, sales trends and shipping logistics market outlook, port cargo volume, and container throughput trends with regard to the sea cargo shipping business, freezing cold warehousing business, harbor cargo unloading business, and international freight forwarding business. We will also look at the overall trends, scale, cargo volume, and harbor automation status of the global shipping market.

A study on the promotion for rail transport in Ui-Wang ICD (의왕ICD 철도수송 활성화 방안에 관한 연구)

  • Cho, Uk-Lae;Jang, Seong-Yong
    • Proceedings of the KSR Conference
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    • 2008.06a
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    • pp.2359-2373
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    • 2008
  • In 1991, Korean government decided to establish the Inland Container Depot for activating transportation of rail freight container and encourage the effectiveness of intermodal transport system. Therefore, the Ui-Wang ICD has been built in Kyonggi province and began to operate in 1993. However, Despite of original purpose of the Inland Container Depot, rail freight volume at public CY(Container Yard) in Ui-Wang ICD has been recorded very low. This paper deals with the promotion strategy for rail transport in Ui-Wang ICD. The relationship of conflicts between the rail-oriented transporters and road-oriented transporters in Ui-Wang ICD have been found through the TOC thinking process and some solutions are suggested. Some undesirable effects in operation of Ui-Wang ICD are listed and current reality tree(CRT) has been established and future reality tree(FRT) which includes some injections to active the rail transport in ICD has been recommended based on CRT. In order to make good solutions the situation in Busan-jin station ICD known as similar to Ui-Wang ICD has been analyzed.

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A Study on the Underground Urban Logistics system Design through the scenario derivation using OPS process (OPS 프로세스를 활용한 지하공간 도시물류시스템의 시나리오 도출을 통한 개념설계 수행에 관한 연구)

  • Kim, Mi Rye;Kim, Young Min;Kim, Joo Uk;Kwon, Yong Jang
    • Journal of the Korean Society of Systems Engineering
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    • v.17 no.2
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    • pp.122-128
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    • 2021
  • Despite various economic crises, the domestic parcel delivery market handled 3.37 billion parcels in 2020 while maintaining annual growth due to the activation of e-commerce. In particular, in the case of the metropolitan area, which accounts for about 70% of the nation's parcel throughput, the increase in parcel delivery volume is directly related to the increase in freight vehicles in central area of Seoul,. And it leads to an increase of unnecessary social and environmental costs such as traffic congestion, road damage, and environmental pollution in the city. Therefore, in this paper we proposed the underground urban logistics system utilizing the existing urban rail infrastructure, and establish a conceptual design by operational scenario. In order to establish conceptual design of underground urban logistics system, we use order picking system process, which is use in warehouse, produce result combined ISO/IEC 26702. The results of this study can be usefully used before the underground urban logistics system is introduced.

An Analysis of Maritime E-commerce Transportation between Korea and China (대중국 전자상거래 해상운송 기종점 분석)

  • Shin, Sung-Ho;Jung, Hyun-Jae;Lee, Dong-Hyon
    • Journal of Korea Port Economic Association
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    • v.34 no.3
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    • pp.93-112
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    • 2018
  • The purpose of this study is to analyze the flow of e-commerce freight transported by maritime transportation for China and to identify the characteristics of cargo by region/item for finding the ways to promote e-commerce export to China. Thus, this study analyzed the e-commerce export and import data on cargo moved via maritime transportation between Korea and China from 2015 to 1Q18, using Origin-Destination(OD) analysis and visualization techniques. The results indicated that the largest number of Chinese e-commerce cargoes were imported at Incheon Port, which has a clearance facility for e-commerce cargo. In the case of Pyeongtaek Port, e-commerce cargo imported from China has transported to Incheon Customs again, causing the inefficiency through the customs clearance process. Unlike the case of e-commerce imports where the final destination is distributed nationwide, e-commerce products exported to China through maritime transportation were found to be mainly confined to Seoul and Gyeonggi provinces, where freight forwarding companies and forwarders are concentrated. In addition, unlike e-commerce import cargoes, e-commerce items exported through maritime transportation were mainly confined to clothing and cosmetics, and export volume was also less than imports. This study provides some possible strategies to increase the volume of freight and to attract export products as follows: i) to diversify products exported to China through e-commerce transshipment, ii) to diversify export items by building the cold chain in e-commerce transport with China.

Counteractions against Changes of Logistics Environment in Northeast Asia

  • Roh, Byeong-Gwon;Kim, Hui-Su;Yoo, Chang-Gwon;Kim, Gi-Pyoung
    • Journal of Distribution Science
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    • v.13 no.5
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    • pp.23-31
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    • 2015
  • Purpose - This study investigated competitive counteractions necessary for continuous growth in a rapidly changing logistics environment in Northeast Asia. Research Design, Data, and Methodology - Using a time series analysis, the study first investigated Northeast Asian trade scale and volume by examining online and offline material from the Ministry of Ocean and Fisheries, Busan Port Authority, and other government agencies. A literature survey was done to investigate the state and prospect of the logistics environment in Northeast Asia including changes in freight volume at major ports in the three Northeast Asian countries. Result - The results of the study suggest using the Trans-Korean Railroad (TKR), as well as promoting the North Pole and South Pole routes, to compete against changes in trade volume and the logistics environment in Northeast Asia. A SWOT analysis was done to examine the effectiveness of these strategies. Conclusions - The findings indicate that the TKR impact, using the Busan Port connecting the Trans-China Railway (TCR), the Trans-Siberian (TSR), and the North Pole Route, may be uncertain in practice considering the uncertainty in international politics.

An Analysis on the Impact of Korea-Chile FTA on Busan Port - Focusing on the Inbound Container from Chile - (한-칠레 자유무역협정이 부산항 물동량에 미치는 영향분석 - 대 칠레 수입 컨테이너화물 중심 -)

  • Nam, Kichan;Nam, Hyung-Sik;Kang, Dal-Won
    • Journal of Navigation and Port Research
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    • v.37 no.6
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    • pp.681-687
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    • 2013
  • Free Trade Agreement(FTA) aims at abolishing tariffs on trade among nations or regions resulting in having a significant impact on maritime transportation and port. Korea made the first FTA with Chile in 2004 and the trade volume between two countries has seen significant increase. The literature on such impact, however, seems to be very limited. The main purpose of this study is, therefore, to analyze the impact of Korea-Chile Free Trade Agreement on the imported container throughput from Chile at the Busan Port. For this both cross-sectional and time series data are collected that comprise container throughput, Gross Domestic Product (GDP), import tariff, and maritime freight rate, from 2000 to 2011, and the gravity model is applied. The main result of the study shows that the dependent variables, GDP and import tariff are statistically significant, but the maritime freight rate is not consistent with regarding to statistical significance and parameter sign.

An analysis of Financial Factors' Characteristic for Global Shipping Companies using Panel Regression Analysis (패널회귀분석을 이용한 글로벌 선사의 재무요인 특성분석에 관한 연구)

  • Oh, Jae-Gyun;Yeo, Gi-Tae
    • Journal of Digital Convergence
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    • v.17 no.4
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    • pp.65-73
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    • 2019
  • This study performed Panel Regression Analysis (PRA) with the debt ratio as a dependent variable and the ROE (return on equity), sales volume, current ratio, total capital, and Shanghai Containerized Freight Index (SCFI) as an independent variable. According to the GLS analysis, the current ratio to liabilities ratio was negative, and for sales, the ratio of liabilities was positive. Capital totals also had a negative impact on the debt ratio. However, ROE, unlike the hypothesis, had negative effects on the liability ratio, and the SCFI index was not significant. As implications of this research, the company confirmed that its sales increased as the debt ratio of global shipping companies rose, achieving economies of scale. However, it was confirmed that the actual size of the economy through the injection of other capital would help increase sales but not affect net profit. Shipping companies should expand their business power and secure large container vessels to secure credibility of shippers. In the future research, an analysis considering exchange rate, global economic growth rate, and manufacturing production index is needed.

The Operation, Problems and Long-term Development Policy of Gwangyang Port in Northeast Asia - With Regard to Logistics Hub Strategy - (동북아시대 광양항의 운영실태와 장기 발전방안 -물류거점화를 중심으로-)

  • 정봉현;최정우
    • Journal of Korea Port Economic Association
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    • v.20 no.1
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    • pp.21-42
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    • 2004
  • This paper addresses the operation, problems, and development policy of Gwangyang Port, Korea. This paper aims to analyze the operation condition and problems of Gwangyang Port and suggest long-term policies for developing Gwangyang Port as a logistic hub in northeast period. It is made up of three main sections: the operation, problems, and forecast of freight volumes; analysis of operational results of Gwangyang Port; development strategies of Gwangyang Port as a Logistics Hub. This paper was mainly based on a review of current papers/reports, an analysis of secondary data, and questionnaire survey. The major development strategies identified consisted of expansion regular service sea-route, formation of inter-modal transportation system, strengthening of port sales for Gwangyang port's recognition, securing operation-profits by fixed cargo volume, and promotion of free tread zone.

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