Prediction of Container Haulage Demand using GM(1,1) Model

Abstract

Abstract. The reasonable estimation of container haulage demand is significant for the container transportation in port cities. Based on the number of container trucks and container throughput from year 2009 to 2015 in Ningbo Port, container haulage demand is predicted using GM(1,1) model, the result is compared to prediction using supply-demand balance method, it is shown that the GM(1,1) model has better prediction accuracy and fitting than supply-demand balance method.