• Journal of Navigation and Port Research
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• v.39 no.5
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• pp.409-415
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• 2015

According to the globalization of world economy on distribution and sales, logistics and transportation parts are playing an important role. Especially, they have to decide what is the key factor of route choice model and how to choose the right transport route in multimodal transport system. By considering the key factors in rote choice model for freight forwarders between Mongolia and Korea, this paper propose 4 main factors: Cost, Delivery time, Freight and Logistics service with 13 sub factors. The importance of factors is surveyed base on AHP through interview with freight forwarders. In results, the empirical insights about current status of Mongolian forwarders are provided with different factors between transportation modes. Expecially, the Time factor is a role factor to choose transport route for air transportation forwarders.

• Journal of Ocean Engineering and Technology
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• v.14 no.2
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• pp.117-120
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• 2000

In the Step of preliminary ship design a designer should decide a economic ship. The economic ship has the least building cost to a annual freight amount satisfying a given design condition That is RFR is minimum among alternatives.

• Proceedings of the Society of Korea Industrial and System Engineering Conference
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• 2002.05a
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• pp.209-215
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• 2002

In this paper, we propose a freight and fleet optimization model under CVO environment. The model is a kind of multi commodity network flow model based on Vehicle Routing Problem(VRP) and Vehicle Scheduling Problem(VSP), and considering operations and purposes of CVO. The main purpose of CVO is the freight and fleet management to reduce logistics cost and to Improve in vehicle safety. Thus, the objective of this model is to minimize routing cost of all the vehicle and to find the location of commodities which have origin and destination. We also present some computing test results.

• Journal of the Korean Institute of Navigation
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• v.4 no.2
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• pp.45-79
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• 1980

The aim of this paper is to analyze the mechanics of price formation in the tramp shipping. For the purpose of this study, the main characteristics of tramp freight rates and the market is examined, and a brief examination of the nature ofthe costs of operation is given which are essential for the understanding of the functioning of shipping firms as well as for the understanding of developments in the tramp freight market. The demand and supply relationships in the market is also analysed in detail. Tramp shipping is an industry that has a market which functions under conditions that are not dissimilar to the theoretical model of perfect competition. However, it does notmean that tramp shipping market is a perfectly competitive market. It is apparent that this realworld competitive system has its imperfections, which means that the market for tramp shipping is near to being a perfectly competitive market on an internaitonal scale and it is freight are therefore subjext to the laws of supply and demand. In theory, the minimum freight rate in the short term is that at which the lowest cost vessels will lay-up in preference to operating, and is equal to the variable costs minus lay-up costs; and this would imply that in all times except those of full employment for ships there is a tendency for newer low-cost, and, probably, faster vessels to be driving the older high-cost vessels in the breaker's yards. In this case, shipowners may be reluctant to lay-up their ships becasue of obligations to crews, or because they would lose credibility with shippers or financiers, or simply because of lost prestige. Mainly, however, the decision is made on strictly economic grounds. When, for example, the total operating costs minus the likely freight earnings are greater than the cost of taking the ship out of service, maintaining it, and recommissioning it, then a ship may be considered for laying-up; shipowners will, in other words, run the ships at freight earnings below operating costs by as much as the cost of laying them up. As described above, the freight rates fixed on the tramp shipping market are subject to the laws of supply and demand. In other words, the basic properties of supply and demand are of significance so far as price or rate fluctuations in the tramp freight market are concerned. In connection with the same of the demand for tramp shipping services, the following points should be brone in mind: (a) That the magnitude of demand for sea transport of dry cargoes in general and for tramp shipping services in particular is increasing in the long run. (b) That owning to external factors, the demand for tramp shipping services is capable of varying sharphy at a given going of time. (c) The demad for the industry's services tends to be price inelastic in the short run. On the other hand the demand for the services offered by the individual shipping firm tends as a rule to be infinitely price elastic. In the meantime, the properties of the supply of the tramp shipping facilities are that it cannot expand or contract in the short run. Also, that in the long run there is a time-lag between entrepreneurs' decision to expand their fleets and the actual time of delivery of the new vessels. Thus, supply is inelastic and not capable of responding to demand and price changes at a given period of time. In conclusion, it can be safely stated that short-run changes in freight rates are a direct result of variations in the magnitude of demand for tramp shipping facilities, whilest the average level of freight rates is brought down to relatively low levels over prolonged periods of time.

• Journal of Distribution Science
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• v.13 no.1
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• pp.83-91
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• 2015

Purpose - Despite the structural irrationality of multi-level transportation and the oil price rise, the domestic freight transportation market continues to grow, mirroring the rise in e-commerce and resultant increase in courier services and freight volumes. Several studies on courier services have been conducted. However, few studies or statistics have been published regarding regular freight services although they have played a role in the freight service market. The present study identifies the characteristics of regular freight service users to seek competitiveness enhancement measures specific to regular freight services. Research design, data, and methodology - IPA is a comparative analysis of the relative importance of and satisfaction with each attribute simultaneously. This study used IPA because it facilitates the process of analyzing importance and performance, deriving implications and a visual understanding of results. To enhance the competitiveness of regular freight services, this study surveyed its current users regarding the importance of the regular freight service factors. A total of 200 copies of a questionnaire were circulated and 190 copies were returned. In addition to demographics, respondents answered questions about the importance of and satisfaction with services on a 5-point Likert scale. Excluding 3 inappropriate copies, 187 out of 190 copies were analyzed. PASW Statistics 18 was used for statistical analysis. A total of 20 question items were selected for the service factors presented in the questionnaire based on the 1st pilot survey and previous studies. Results - According to the IPA performed to compare the importance of and satisfaction with service factors, both importance and satisfaction are high in the 1st quadrant, which involves the economic advantage of using regular freight services, quick arrival at destinations, weight freight handling, and less time constraints on freight receipt/dispatch. This area requires continuous management. Satisfaction is higher than importance in the 2nd quadrant, which involves the adequacy of freight, cost savings over ordinary courier services, notification on freight arrival, and freight tracking information. This area requires intensive investment and management. Satisfaction is lower than importance in the 3rd quadrant, involving the credit card payment system, courier delivery service, distance to freight handling sites, easy access to freight handling sites, and prompt problem solving. This area requires further intensive management. Both importance and satisfaction are low in the 4th quadrant, involving the availability of collection service, storage space at freight handling sites, kindness of collection/delivery staff, kindness of outlet staff, and easy delivery checks. This area is a set of variables should be excluded from priority control targets. Conclusions - Based on the IPA, service factors that need priority controls because of high importance and low satisfaction include the credit card payment system, delivery service, distance to freight handling sites, easy access to freight handling sites, and prompt problem solving. The findings need to be applied to future marketing strategies for regular freight services and for developing competitiveness enhancement programs.

• Journal of Korean Society of Transportation
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• v.17 no.5
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• pp.43-55
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• 1999

The value of time in freight transportation describes the importance of goods during transport and shows the direction of efficient logistic management having inventory cost in transporting The value of time differs from class to class in freight transportation. It is due to the differences of shipper's willingness to Pay for time saving. In this research the value of time in intercity freight transportation of manufacturers in Korea was estimated as follows: first, the Perception factors which were the important criteria of shippers for choosing truck were sampled. second, the shippers were classified into three homogeneous classes. third, the value of time of each class was estimated by using multinominal logit model. The results of this research showed that the value of time in freight transportation was different from every class, that the shipper had to Pay 1,680 won for saving one hour Per each shipment, and that the inventory cost in transporting occupied 9.54% in the mean freight Price.

• Proceedings of the KSR Conference
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• 2011.05a
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• pp.505-510
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• 2011

The railroad freight transport has great merits that can transport mass and specific items(dangerous goods), but it takes a long time because of low accessibility to the logistics facility and the complex process of loading freight in middle station. This paper analyzed volumes and characters of each railroad freight item, and was carried out the effect of applying E&S system to Gyeongbu line containers to find the method of reducing transport time and effective container transportation. As a result of Cost-Effectiveness analysis, the block train(B/T) is reducing transport time more about 1~2 hours. The road congestion cost is saving about 2.2 billion won. And due to skipping work of organizing train, personnel and equipment expenses savings expected about 9 billion won. It is expected that the E&S system enhances the container transport service and has an effect positive influence on making a efficient method of transport. But It is necessary to estimate pre-feasibility of applying E&S system that the standard of estimating cost and benefit is required further examination.

• Journal of Navigation and Port Research
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• v.31 no.3 s.119
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• pp.205-212
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• 2007

Due to the construction of Incheon Grand Bridge, there is driven a necessity for rearranging the function of Inner Port with the development of Outer South Port. In this paper, I'd like to simulate the port operation levels of Lock Gate in Inner Port with estimating the traffic volumes of 2011 and 2015, which will reveal the Demurrage Cost and the Accumulation Cost of Freight in Inner Port. Finally I will evaluate the economic movement effects of the container ship's calling from Inner port to South Port/Outer South Port from 2011 to 2015. The results are as followings ; (1) The average utilization of Lock Gates are reduced by $7\sim8$ percentage point. (2) The mean queueing value are saved by 25 percentage point. (3) The Demurrage Cost and the Accumulation Cost of Freight except Lock Gate charges and the Benefit of Routeing Reduction are saved about 800 million Won annually.

• Journal of Korean Society for Quality Management
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• v.44 no.4
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• pp.869-881
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• 2016

Purpose: The objective of this study is to verify the economic validation of quality management integrated train freight car by analyzing economic evaluation indicators such as benefit and cost, net present value, and inter rate of return. Methods: First, we itemize benefit and cost field by reviewing literatures; Benefit consists of 1)Safety, 2)Operation, and 3)Maintenance; Cost consists of 1)Set-up fee, 2)Wireless internet fee, and 3)Cloud storage using fee. Second, based on these estimated values, we conduct an economic evaluation analysis. Among them, benefit and cost, net present value, and internal rate of return are selected. Results: As a result, all estimated values are highly over criterion of economic validity($$B/C{\geq}_-1$$, $$NPV{\geq}_-0$$, $$IRR{\geq}_-R$$); 1)benefit over cost ratio is 28.22, 2)Net present value is 8,121.66million KRW, and 3)Internal rate of return value is 2272%. Conclusion: The findings of this study will help making a decision when train industry adopts IoT technology for improving the effectiveness.

• Journal of Korea Port Economic Association
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• v.22 no.1
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• pp.175-198
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• 2006

This paper presents a network capacity model that can be used as an analytical tool for strategic planning and resource allocation for multimodal transportation systems. In the context of freight transportation, the multimodal network capacity problem (MNCP) is formulated as a mathematical model of nonlinear bi-level optimization problem. Given network configuration and freight demand for multiple origin-destination pairs, the MNCP model is designed to determine the maximum flow that the network can accommodate. To solve the MNCP, a heuristic solution algorithm is developed on the basis of a linear approximation method. A hypothetical exercise shows that the MNCP model and solution algorithm can be successfully implemented and applied to not only estimate the capacity of multimodal network, but also to identify the capacity gaps over all individual facilities in the network, including intermodal facilities. Transportation agencies and planners would benefit from the MNCP model in identifying investment priorities and thus developing sustainable transportation systems in a manner that considers all feasible modes as well as low-cost capacity improvements.