• Title/Summary/Keyword: cargo demand

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Forecast and Review of International Airline demand in Korea (한국의 국제선 항공수요 예측과 검토)

  • Kim, Young-Rok
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.27 no.3
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    • pp.98-105
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    • 2019
  • In the past 30 years, our aviation demand has been growing continuously. As such, the importance of the demand forecasting field is increasing. In this study, the factors influencing Korea's international air demand were selected, and the international air demand was analyzed, forecasted and reviewed through OLS multiple regression analysis. As a result, passenger demand was affected by GDP per capita, oil price and exchange rate, while cargo demand was affected by GDP per capita and private consumption growth rate. In particular, passenger demand was analyzed to be sensitive to temporary external shocks, and cargo demand was more affected by economic variables than temporary external shocks. Demand forecasting, OLS multiple regression analysis, passenger demand, cargo demand, transient external shocks, economic variables.

Evaluating the Competitiveness of Cargo Airports using Best-Worst Method

  • Sara Shishani;Young-Joon Seo;Seok-Joon Hwang;Young-Ran Shin;A-Rom Kim
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2022.06a
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    • pp.204-206
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    • 2022
  • The global economy and the air transport business have been affected since the spread of the COVID-19 pandemic. As countries tighten restrictions on international movements, the growing emphasis on air cargo puts pressure on airports to maintain and upgrade their cargo policies, facilities, and operations. Hence, ensuring the competitiveness of cargo airports becomes pivotal for airports survival under the volatile global demand. The study aims to evaluate the importance of the competitiveness factors for cargo airports and identify areas for further improvement. The study applies the Best-Worst Method (BWM) to assess the cargo airports' competitiveness factors: 'Transport Capacity,' 'Airport Operations and Facility Capacity,' 'Economic Growth,' 'Financial Performance,' and 'Airport Brand Value.' The selected airports include Heathrow Airport, Aéroport de Paris-Charles de Gaulle, Hong Kong International Airport, and Incheon International Airport. The results identify 'Transport Capacity' as the most significant competitiveness factor, and Hong Kong International Airport the best performing cargo airport. This research forms a reference framework for evaluating cargo airports' competitive position, which may help identify airports' relative strengths and weaknesses. Moreover, this framework can also serve as a tool facilitating the strategic design of airports that may accommodate both air cargo and passenger demand flexibly under the demand uncertainty.

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Development of Discrete Event Simulation Model for Air Cargo Demand Management (항공화물 수요관리를 위한 이산 시뮬레이션 모델 개발)

  • Lee, Kwang-Ryul;Hong, Ki-Sung;Lee, Chul-Ung
    • Journal of the Korea Society of Computer and Information
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    • v.13 no.7
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    • pp.281-289
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    • 2008
  • In this study, a discrete-event simulation model is developed to estimate load factors and the corresponding revenues under different pricing and dispatching policies. The model has been employed to forecast the inbound and the outbound air cargo demands of the major Northeastern Chinese cities, and the simulation results were compared to the actual demands obtained from real-life airline operations. The statistical analysis confirms that the simulation model is able to provide accurate estimates for air cargo demands, and thus, the model may be employed to be a useful tool for air cargo demand management.

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A Study on Transportation Systems of Container Cargo in Busan Port (부산항 컨테이너 화물수송체계에 관한 연구)

  • 오석기;오윤표;윤칠용
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2000.11a
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    • pp.7-14
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    • 2000
  • The purpose of this study is to improvement strategies for transportation systems of container cargo in Busan port. Therefore, it was forecasted the future container cargo demand using logistic curve formula. In 2011, container cargo demand was forecasted 8.791 million TEU(T/S including 12.559 million TEU). In order to improvement transportation systems of container cargo, this study presented following; $\circled1$ port facilities expansion, $\circled2$ diversity of container transport modes. $\circled3$ make up ICD and exclusive container roads, $\circled4$ the second Seoul-Busan Expressway.

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A Comparative Model Study on the Intermittent Demand Forecast of Air Cargo - Focusing on Croston and Holts models - (항공화물의 간헐적 수요예측에 대한 비교 모형 연구 - Croston모형과 Holts모형을 중심으로 -)

  • Yoo, Byung-Cheol;Park, Young-Tae
    • Journal of Korea Port Economic Association
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    • v.37 no.1
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    • pp.71-85
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    • 2021
  • A variety of methods have been proposed through a number of studies on sophisticated demand forecasting models that can reduce logistics costs. These studies mainly determine the applicable demand forecasting model based on the pattern of demand quantity and try to judge the accuracy of the model through statistical verification. Demand patterns can be broadly divided into regularity and irregularity. A regular pattern means that the order is regular and the order quantity is constant. In this case, predicting demand mainly through regression model or time series model was used. However, this demand is called "intermittent demand" when irregular and fluctuating amount of order quantity is large, and there is a high possibility of error in demand prediction with existing regression model or time series model. For items that show intermittent demand, predicting demand is mainly done using Croston or HOLTS. In this study, we analyze the demand patterns of various items of air cargo with intermittent patterns and apply the most appropriate model to predict and verify the demand. In this process, intermittent optimal demand forecasting model of air cargo is proposed by analyzing the fit of various models of air cargo by item and region.

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.

Forecasting the Air Cargo Demand With Seasonal ARIMA Model: Focusing on ICN to EU Route (계절성 ARIMA 모형을 이용한 항공화물 수요예측: 인천국제공항발 유럽항공노선을 중심으로)

  • Min, Kyung-Chang;Jun, Young-In;Ha, Hun-Koo
    • Journal of Korean Society of Transportation
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    • v.31 no.3
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    • pp.3-18
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    • 2013
  • This study develops a forecasting method to estimate air cargo demand from ICN(Incheon International Airport) to all airports in EU with Seasonal Autoregressive Integrated Moving Average (SARIMA) Model using volumes from the first quarter of 2000 to the fourth quarter of 2009. This paper shows the superiority of SARIMA Model by comparing the forecasting accuracy of SARIMA with that of other ARIMA (Autoregressive Integrated Moving Average) models. Given that very few papers and researches focuses on air route, this paper will be helpful to researchers concerned with air cargo.

A Study of Legal Restrictions on International Air Cargo Services (국제항공화물운송의 법적 규제에 대한 고찰)

  • LEE, Jae-Woon
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.69
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    • pp.371-388
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    • 2016
  • International air transport for cargo services is a facilitator for various trade sectors and, by itself, an important service industry. Although international air cargo industry is expected to grow continuously, industry stakeholders complain about legal constraints in the industry and demand more liberalized regime. From its birth at the beginning of the 20th century, the airline industry was tightly regulated by governments with a strong tradition of protectionism. In the past few decades, however, protectionism in the airline industry has steadily declined. Indeed, the airline industry is largely in the process of liberalization. Interestingly, it has been easier to liberalize air cargo service than passenger service. Indeed, states have traditionally shown far more willingness to provide market access for foreign carriers carrying cargo than passengers. Given the impact of air cargo service in a state's wider economy and own characteristics of cargo services (i.e. air cargo traffic is inherently one-way, unlike passenger traffic, which tends to involve round trips), more liberalized approach is necessary for air cargo services. Among three approaches: bilateral, regional (block-based) and multilateral, it is desirable to adopt a multilateral treaty (a new multilateral all-cargo agreement) so as to harmonize and simplify complicated trade regulations on air cargo services.

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A Study on Expansion of Inland Railway Use For Container Cargo (컨테이너 화물의 내륙철도이용 확대에 관한 연구)

  • Choi, Kyoungsuk;Xia, Tongshui
    • Journal of the Korean Society for Railway
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    • v.19 no.1
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    • pp.97-108
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    • 2016
  • Over 80% of Korea's cargo transport relies on public roads. Such over-reliance has created a range of social problems including environmental damage. Korea thus faces an urgent need to establish an alternative mode of cargo transportation. In view of the changing international logistics environment, railway is clearly a superior mode of transport. The prerequisite task today for Korea is to enhance the competitiveness of inland railway by switching to railway and spurring new demand for cargo. This study examines inland railway cargo transport from the demand perspective. Specifically, through the use of a survey, the study identifies key factors influencing the decisions of container shippers regarding the use of railway for cargo transport. The survey responses were statistically tested using Smart PLS structural equation modeling. The results indicate that attitude toward railway use had the strongest influence on choice, while the key variable affecting attitude formation was cost.

Optimum Allocation of Ships Emphasizing the Cargo Delivery Time (화물의 인도시기를 최우선으로 하는 배선문제)

  • 이중우;양시권;이철영
    • Journal of the Korean Institute of Navigation
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    • v.5 no.1
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    • pp.1-23
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    • 1981
  • As far as transportation problems are concerned, the minimization of transportation cost is the most prevailing object. But in some cases, the cargo delivery time is the utter problem rather than the cost. For instance, we may imagine the case that the delivery of the construction materials is delayed behind the schedule and this makes the construction cost increased because of idle time of other materials and man power, in addition to the indemnity. Therefore the allocation of ships, in marine transportation which is now the main route of overseas trade, to the needed area on the required time is to be appropriately performed. However, there are several restrictions for cargo delivery to meet the demand, such as ship's size, number to be employed and cargo handling capacity of the ports, etc. And there are some other factors to be considered, that is, the degree of necessities of commodities, on their kinds, amount, and the time of arrival, etc. This paper deals with the problem of optimum allocation of ships emphasizing the cargo delivery time adopting Linear Programming technique with those cargo delivery restrictions and factors transformed by introducing the multi-speed conception, the conversion of multi-commodity to a single commodity, allowable delivery time, weight penalty number and nominating priority. This paper presents a case of optimum allocation of ships in the light of cargo delivery time for a construction company which has two different construction places and analyzes the result. This study will give a planner a good tool for optimum planning of maring transportation and be used for decision of schemes.

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