• Proceedings of the Safety Management and Science Conference
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• 2005.05a
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• pp.305-308
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• 2005

Recently, according to rise importance of logistics cost, transportation management has had high interest. In this paper, we will elicitate optimal routing through transportation management system using case of J corporation.

• Journal of the military operations research society of Korea
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• v.31 no.1
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• pp.26-41
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• 2005

The ROK TRANSCOM and Army Logistics Command have established wartime overland transportation plans. They have to mobilize several wartime overland transportation troops in order to meet the wartime transportation requirement. But there are some uncertainties in the process of transportation such as the number of vehicles to mobilize, the vehicle utilization factor, and round trip time. Here, we established two models. One is the simulation model to evaluate the transportation capability considering uncertain factors. The simulation model is executed with two scenarios and then the results are analyzed through a sensitivity analysis. The other model is the regression model to analyze the effects of transportation factors toward capability.

• The Korean Journal of Air & Space Law and Policy
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• v.22 no.2
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• pp.135-154
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• 2007

The 3 Northeast Asian countries of Korea, Japan and China have been stricter to each other than to other countries of out-region in air liberalization. The prominent reason of this intra-regional protective policy in air transportation seems to be the difference in competitive strength of their national flag carriers. As the 3 countries realize the importance of their mutual cooperation in the region, since China grows to be one of the leading economies in the world and the intra-regional trade and visitors increase tremendously, they are now taking the policy of intra-regional air liberalization more vigorously than before. Especially air cargo liberalization is easier than air passenger liberalization because they realize that the development of open economy is based on free flow of logistics regardless of the competitiveness of their national flag carriers. As Korea is the leading country in the region to promote air liberalization, this paper reviews the importance and growing trend of air cargo, analyzes current air liberalization policy between Korea, Japan and China and the initial effects of open sky in the routes of Shandung-Korea, and suggests the new policies of air liberalization to promote free flow of air logistics.

• Korea Trade Review
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• v.47 no.2
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• pp.133-154
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• 2022

The Baltic Capesize Index (BCI), which is used as an indicator for marine transportation of steel raw materials, is one of the key economic indexes for managing the risk of loss due to rapid market fluctuations when steel companies establish business strategies and procuring plans for raw materials. Still, the conditions of supply and demand of steel raw materials has been extremely affected by volatility shocks from drastic events like the financial crisis such as the Lehman Brothers incident and changes in the external environment such as COVID-19. And, especially since the 2008 financial crisis, endeavors to predict the market conditions of the steel raw material is becoming more and more arduous for the deepening uncertainty and increased volatility of BCI, which has been used as a leading indicator of the real economy. This study investigates the correlation between the steel raw material market and the marine transportation market by estimating the spillover effect of information between markets. The vector error correction model (VECM) was used to analyze information transfer based on the correlation between the BCI and crude steel production, capesize fleet supply, raw material price, and cargo volume.

• Journal of the military operations research society of Korea
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• v.35 no.2
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• pp.87-98
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• 2009

In the military logistics, the Outsourcing such as 3PL (3rd Party Logistics) and 4PL has emerged recently as an important agenda. However, when 3PL applied prematurely, side effects will occur such as the loss of combat power in wartime, the security vulnerabilities and the high cost by a small amount of military order. Recently, the developed countries such as the United States and the Britain want to compensate for these side effects. Therefore, They are developing the private-public competitive sourcing concept for the complementary partnership and the foster competition with the private sector. To apply this concept to the Korean Military, they need to be reorganized and promote the efficiency in the military logistics. Especially, the transportation sector. Therefore, this study, which is focused on the transportation sector, offers two kinds of measures to improve such as the Dual Pallet Standard (T11, T12) and the PLS(Palletized Loading System) truck system. Finally, these improvements will be analyzed by the simulation in this paper.

• Proceedings of the KSR Conference
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• 2010.06a
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• pp.1615-1622
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• 2010

Recently, there has been an increase in interest from the aspects of transshipment and connection between the means of transportation. Not only for passengers but also for freight transportation as the need for transportation efficiency is growing while the importance of logistic railway transportation is emerging. The domestic freight transportation is carried out by roads, railroads, ships, and port. However, as other means of transportation, except road, is impossible for Door to Door Service, multimodal transportation accompanied by road transportation is carried out. Here, even though 'transshipment' occurs, because of the lack of basic data regarding this, it is difficult to reflect it in the demand forecasting. With respect to the Korean freight O-D, it was very difficult to have equivalent comparison on the competitiveness and availability of transportation services between the point of departure and the final destination. Taking into account the study of implementation of logit model considering the time and cost of transshipment of multimodal transportation and the transshipment resistance value upon selecting means of freight transportation on multimodal transportation was comparatively insufficient. This study consisted of questionnaire targeting shippers, and based on this, transshipment resistance value was calculated by deriving utility function. By doing so, I intend to examine the effect 'transshipment' has on selecting the means of transportation occurring from freight transportation.

• Journal of Digital Convergence
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• v.15 no.2
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• pp.135-144
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• 2017

This study is to identify the growth rate and volatility of logistics related firms in the stock market. To do this, we used monthly data for 197 years from June 2000 to October 2016 by selecting KOSPI and Transport & Storage(T&S), KOSDAQ, Transportation(TRANS) index. The purpose of this study is to compare the T&S and TRANS stock index returns with the KOSPI and KOSDAQ index. And we are to judge whether the development potential of the logistics industry and the value of the investment of related companies in the future is high. For this purpose, we will analyze the basic statistics, correlation and growth rate of each index, and compare T&S and TRANS with market returns. Analysis result, for the past 197 months logistics related T&S and TRANS have been higher than market returns. The correlation was highly related to TRANS and T & S in KOSPI, but it was not related to KOSDAQ. TRANS represents high risk and high return, while KOSDAQ represents high risk and low return market. TRANS is considered to be an efficient investment. We expect the future development of logistics related industries and T & S and TRANS to show a high rate of increase compared to the market returns.

• Journal of Korean Society of Transportation
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• v.19 no.5
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• pp.7-18
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• 2001

This study is concerned with theoretical aspects of urban logistics with the aim of revealing limitations of the literature, suggesting directions for further studies and developing a conceptual model for evaluating policy alternatives. Several limitations have been revealed and, based on these, the directions for further studies were suggested as more effort needs to be put on microscopic aspects of urban logistics ; and integrated conceptual evaluation models need to be developed. For the models it defined microscopic evaluation factors by the subject of urban logistics activities, and with these factors it established a conceptual model. Especially it introduced the simulation models developed recently to predict the route of freight vehicles and suggested how both microscopic and macroscopic aspects of urban logistics could be evaluated.

• Proceedings of the KSR Conference
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• 2010.06a
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• pp.352-358
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• 2010

When the Trans-Korea Railway (Gyeong-eui Line and Dong-hae Line) initiative is completed, Korea will become one of the major trading partners of Russia through the Trans-Siberian Railway (TSR). This will be an opportunity for Korea to take-off to a 'Traffic and Logistics Center in 21st Century. The opening of the Eurasia Continental Railway will provideKorea with the opportunity to develop into the logistics center of Asia-Pacific area and the benefit of reduced cost of unification by improving the correlation between South and North Korea through the cooperation in railway business. However, there exist the uncertainties for its demand and innovative reduction in transportation time and cost, due to the practical problems including economic efficiency and transportation technology. In this paper, the practical problems of TSR are discussed in the economic and social perspectives to develop the methodology for the Korea-Russia railway cooperation and for the improvement of the competitive power of TSR.

• Journal of the Korea Safety Management & Science
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• v.14 no.3
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• pp.207-220
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• 2012

Nowadays, logistics parks are no longer simply storage areas but rather the center of corporate supply activities. As the importance of logistics increases, so does the value of logistics related facilities. Unlike the past, in which the sole purpose of logistics services was the spatial movement of materials through transportation, modern logistics are required to carry out functions such as timely adjustment and swift adaptation to changing patterns, and this leads to the emphasis on forming logistics parks. Logistics parks make profits using the efficiency of time and space. Such logistics parks play an important role in a corporation creating operating profits as well as acting as a method of alternative investment for individuals. Logistics parks no longer simply store materials, but have become a place that plays an important role in various areas of corporate and individual activities, and thus the analysis of the selection of the location of logistics parks and the related characteristics is extremely important. There are many existing studies on the selection of locations of logistics parks but work on the factors related to location selection by industry seem lacking. As such, in the course of this study we have used preceeding studies to draft a questionnaire on which selection factors affect the selection of logistics park location in different industries and conducted empirical analysis of the questionnaire results to uncover the factors that affect the selection of the locations of logistics parks in different industries.