• Title/Summary/Keyword: air cargo volume forecasting

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Application of SARIMA Model in Air Cargo Demand Forecasting: Focussing on Incheon-North America Routes (항공화물수요예측에서 계절 ARIMA모형 적용에 관한 연구: 인천국제공항발 미주항공노선을 중심으로)

  • SUH, Bo Hyoun;YANG, Tae Woong;HA, Hun-Koo
    • Journal of Korean Society of Transportation
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    • v.35 no.2
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    • pp.143-159
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    • 2017
  • For forecasting air cargo demand from Incheon National Airport to all of airports in the United States (US), this study employed the Seasonal Autoregressive Integrated Moving Average (SARIMA) method and the time-series data collected from the first quarter of 2003 to the second quarter of 2016. By comparing the SARIMA method against the ARIMA method, it was found that the SARIMA method performs well, relatively with time series data highlighting seasonal periodic characteristics. While existing previous research was generally focused on the air passenger and the air cargo as a whole rather than specific air routes, this study emphasized on a specific air cargo demand to the US route. The meaningful findings would support the future research.

A Study on the prospect of Sea & Air multi-transport in the perspective of international logistics environment

  • Chung, Tae-Won;Han, Jong-Khil
    • Journal of Navigation and Port Research
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    • v.34 no.7
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    • pp.587-594
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    • 2010
  • The positive and negative opinion to cargo demand of Incheon's SAMT in the near future remains cloudy. Considering port and shipping environmental changes and the logistics situation of China which explains the lack of facilities in Chinese airports, the creating of SAMT cargoes of the Incheon region could catches a favorable opportunity to be a logistics hub in the North-East Asia. On the other hand, as open-sky policy and direct-call service has been carried out between China and N.A.(North America), Incheon could cause a loss of competitiveness in SAMT because the enhancement in the aspect of the connectivity of Chinese airlines and shipping lines makes customer sent to last destination their cargoes whenever they want. In the same context, this paper analyses on conditions of domestic and international SAMT and proposes in this uncertainty future forecasting of SAMT of Incheon by scenario planning according to changes in integrated SAMT, measuring the likelihood of final scenario. This study shows the Sea & Air multi-transport volume will have either slight increase or decrease from the current condition. Consequently, RFS expansion and system & service improvement through strong ties with major cities in China will be required in a short run aspect. Nonetheless, we also need to take domestic & international transportation environment into account in the long run.