• Journal of Korean Society of Transportation
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• v.30 no.4
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• pp.85-94
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• 2012

Modern freight transport pursues not only the reduction of logistic costs but also aims at green logistics and efficient shipments. In order to accomplish these goals, various policies regarding the multimodal shipment and stopover to logistic facilities have widely been made. Such situation requires changes in existing methods for analyzing freight demand. However, the reality is that a reliable freight demand forecast is limited, since in the transport research field there is no robust freight demand model that can accommodate transshipments at logistic facilities. This study suggested a novel method to analyze freight demand, which can consider transshipments in multi-modal networks. Also, the applicability of this method was discussed through an example test.

• Journal of Korean Society of Transportation
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• v.23 no.5 s.83
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• pp.65-71
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• 2005

Area type is often used in freight demand analysis and logistics planning models. For example, in freight transportation planning. area type variable is most often commonly used in freight generation (attraction) model. Yet a reliable, forecastable and measurable definition or area type is generally not documented. In fact, there is little literature on the subject of predicting area type in the context of freight planning models. This can be troublesome when applying models to long-range logistics planning where significant changes in population and employment result in changes in the general character of an area. Through the use of Discriminant Model, GIS (Geographic Information System) analysis and Delphi methods, this paper presents the successful exploration for a quantifiable means of determining area type.

• Proceedings of the KSR Conference
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• 2011.10a
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• pp.2635-2643
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• 2011

Current freight electric locomotives (132 ton) of the eco-friendly and can carry large cargo logistics as a means of generation has increased the demand at home and abroad. Especially, Freight electric locomotives to increase the traction, it is easy to mass and rapid transport. In addition, Freight electric locomotives is no exhaust and low noise compared to diesel -electric locomotives and it can be eco-friendly transportation. CO_CO BOGIE of Freight electric locomotives has no the center pivot and Traction_Rod and Spring of CO_CO BOGIE is mounted on the body. These freight electric locomotives to be satisfied with the safety regulations. Carbody development satisfied Implementation of optimum body and collision is the focus. Accordingly, the different approach in the upper and lower carbody structure and interior and equipment placement is needed. On this paper, the contents give explanation of cases on carbody design composed of freight electric locomotives now developed and process of improvement by structure analysis and collision analysis.

• Journal of Korean Society of Transportation
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• v.19 no.4
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• pp.7-18
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• 2001

This study represents a first attempt in Korea to develop the simultaneous freight supply-demand model which considers the relationship between freight supply and demand. As the existing study was limited in one area, or the supply and the demand was separated and assumed not to affect each other, this study take it into consideration the fact that the demand affects supply and simultaneously vice versa. This approach allows us to diagnose a policy carried on and helps us to make a resonable alternative for the effectiveness of freight transportation system. To find a relationship between them, we use a method of econometrics. a structural equation theory and two stage least-squares(2SLS) estimation technique, to get rid of bias which involves two successive applications of OLS. Based on the domestic freight data, this study consider as explanatory variables a number of population(P), industry(IN), the amount of production of the mining and manufacturing industries(MMI), the rate of the effectiveness of freight capacity(LE) and the distance of an empty carriage operation(VC). This study describes well the simultaneous process of freight supply-demand system in that the increase of VC from the decrease of VC raises the cargo capacity and cargo capacity also augments VC. By the way. it is analyzed that the increment of VC due to the increase of the cargo capacity is larger than the reduction of VC owing to the increase of the quantify of goods. Therefore an alternative policy is needed in a short and long run point of view. That is to say, to promote the effectiveness of the freight transportation system, a short term supply control and a long run logistic infrastructure are urgent based on the restoration of market economy by successive deregulation. So we are able to conclude that gradual deregulation is more desirable to build effective freight market.

• Proceedings of the KSR Conference
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• 2010.06a
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• pp.1542-1548
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• 2010

Transportation cost takes a major portion on logistics cost. The reduction of transportation cost is a key issue to achieve national competitiveness and logistics cost reduction. And railway must play a important role to shift from road freight transport to environment-friendly transport. There are many idle freight cars in railway freight transportation and they give rise to inefficient operation of freight car. It is well known that the main reason of idle freight cars is unbalanced demand according to direction. In this study, we analysed the current status on idle freight cars in railway at the level of daily data. This results help follow-up research to cut down idle freight cars in railway.

• Journal of Navigation and Port Research
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• v.43 no.2
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• pp.134-141
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• 2019

The objective of this study was to establish whether global macroeconomic indicators affect the profitability of Korean shipping companies by using panel regression analysis. OROA (operating return on assets) and ROA (ratio of net profit to assets) were selected as proxy variables for profitability. OROA and ROA were used as dependent variables. The world GDP growth rate, interest rate, exchange rate, stock index, bunker price, freight, demand and supply of the world shipping market were set as independent variables. The size of the firm was added to the control variable. For small-sized firms, OROA was not affect by macroeconomic indicators. However, ROA was affected by variables such as interest rates, bunker prices, and size of firms. For medium-sized firms, OROA was affected by demand, supply, GDP, freight, and asset variables. However, macroeconomic indicators did not affect ROA. For large-sized firms, freight, GDP, and stock index (SCI; Shanghai Composite Index) have an effect on OROA. ROA was analyzed to be influenced by bunker price and SCI.

• International Journal of Advanced Culture Technology
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• v.9 no.3
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• pp.271-276
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• 2021

In this paper we analyze the effect of the credit period on inventory policy under trade credit with ordering cost including a fixed cost and freight cost, where the freight cost has a quantity discount. For marketing purposes, some supplier offers credit period to his buyer to stimulate the demand for the product he produces. The delay in payments during the credit period has the effect of reducing the buyer's capital opportunity cost. It is also assumed that the buyer pays the freight cost for the order and hence, the ordering cost consists of a fixed ordering cost and a variable freight cost which depends on the order quantity. As a result, the possibilities of trade credit and discounts on freight costs are expected to play an important role in the buyer's inventory policy. Based on the economic order quantity inventory model, we analyze how the buyer can determine the optimal inventory policy and we examine the effect of the length of credit period on the buyer's inventory policy.

• Korea Trade Review
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• v.44 no.4
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• pp.153-168
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• 2019

The logistics industry is changing with the diversification of demand and related technology development. Thus, the transportation system is also changing to social problems and environmental damage, and the importance of rail freight is increasing with changes in the international logistics environment. This study analyzes railway freight competition structure using freight volume and suggests improving the competitiveness of railroad freight. To achieve the research purpose, this study was conducted using the Hirshmann-Herfindahl Index(HHI) and Location Quotients(LQ) method. As a result, the concentration trend of railway trends has increased from 0.213 to 0.238 during the last 9 years, and LQ analysis has enabled the identification of local competition lines by item. The study result confirmed that policy measures on railway freight system, railway infrastructure construction and railway operation are necessary to enhance railway competitiveness.

• Journal of the Korean Society for Railway
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• v.16 no.2
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• pp.138-143
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• 2013

Recently, the demand for rail freight has gradually decreased. In particular, the demand in Korea for open freight cars, which classification includes gondola cars, hopper cars and gravel cars has been significantly reduced. The role of gondola cars in the rail transportation market shrank to 14.5% in 2010 from 23.3% in 2001. The transportation demand of gondola cars in the long term is expected to be reduced further. Because some gondola cars have been converted to container cars and various containers are being developed to transport bulk cargo by container cars. However, gondola cars still play an important role in rail freight transport. Therefore, the management planning of gondola cars is needed in order to prepare for the long-term declining demand. In this study, we propose a future direction for the management planning of gondola cars through the effectiveness analysis of gondola cars operation.

• Journal of Korea Port Economic Association
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• v.33 no.3
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• pp.17-34
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• 2017

This study aims to analyze the freight transport demand and benefit for the introduction of an automated freight transport system focusing on the Global Industry and Logistics City (GILC) in Busan. In pursuit of this aim, four alternatives were calculated - using the freight volume estimating methods and included, the number of businesses, the number of employees set up, future estimated cargo volume, and switched volume from other transport modes into the GILC. Economic benefits were analyzed against social benefits and costs accordingly. The result of the freight transport demand forecast found, the cargo volume of "Alternative 2-1" to be the most advantageous, applying the number of employee unit method and proportion of employees in Gangseo-gu, Busan. In addition to the conventional analysis of direct benefit items (reduction of transport time, traffic accidents and environmental costs), this study also considered additional benefit items (congestion costs savings, and road maintenance costs in terms of opportunity cost). It also considered advanced value for money research in guidance on rail appraisal of U.K, Federal Transport Infrastructure Plan 2003 of Germany, and RailDec of the United States. The study aims to further contribute to estimating minimum cargo transport demands and assess the economic feasibility of the introduction of new intermodal automated freight transport systems in the future.