Multimodal route choice in maritime transportation: the case of Korean auto-parts exporters

Abstract

Global offshoring has increased the need for transport of half-finished goods and components, along with finished goods. The auto-parts industry in Korea has also entered the global market as Korean car manufacturers have started to build overseas factories. Maintaining cost competitiveness by minimising total logistics costs will thus be a critical strategy for the industry. This research compares the total annual costs of four feasible transport routes from Korea to the US using the inventory-theoretic model, which encompasses direct transport costs, in-transit carrying costs, and warehouse inventory costs. We apply this model to real transport data collected from a Korean auto-parts company. A static analysis shows that inventory costs can play a decisive role in altering the cost competitiveness of different routes. In addition, sensitivity and scenario analyses with changes in variables and the market situations reveal that the cost structure of each routes plays an important role in determining their relative cost competitiveness in varying market conditions.

Multimodal transportation via TSR for effective Northern logistics

“…Eremina and Sohn (2010) investigated the most efficient alternative route regarding the Trans-Korean Railway (TKR) and TSR connections by considering the costs and benefits. Woo et al (2017) proposed the optimal route of transportation of automobile parts from Korea to the USA by applying the inventory-theoretic model.…”

The Choice of Multimodal Transport Mode of Agricultural By‐Product Logistics in Land‐Sea New Corridor in Western China Based on Big Data

“…In the new wave of "logistics fever," there are fewer studies on agricultural by-product logistics and even fewer studies on logistics combined with a certain region. The domestic research on agricultural by-product logistics mostly focuses on the research of agricultural by-product logistics, model-by-market development model, role of the supply chain in the agricultural sector by market, distribution of logistics by market, macrotraining of limitations of development of agricultural products by market, and countermeasures [4][5][6]. These studies provide ideas for the development of agricultural by-product logistics in China and provide a theoretical basis for further research of agricultural by-product logistics [7].…”

Comparison of routes for multimodal and unimodal transport: Hatay-Tekirdag case analysis

“…Kanada'nın doğu bölgelerinin petrol ihtiyacı sadece denizyolu ağları ile yapılmaktadır. Denizyoluna bu denli bağımlılık, denizyollarında yoğun trafiğe ve çok fazla petrol sızıntılarına yol açmaktadır [14]. Basu ve Verma, bölgenin coğrafi şartlarını değerlendirerek denizyolu ve demiryolu kombinasyonlu petrol taşıma güzergâhları araştırılmakta ve bunun için Kanada'da bir vaka analizi çalışması yapılmaktadır [15].…”