• Title/Summary/Keyword: transport economics

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Challenges of Transport Sector in India: A Dyadic Perspective

  • Potluri, Rajasekhara Mouly;Tejaswi, Satagopam Padma
    • The Journal of Asian Finance, Economics and Business
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    • v.5 no.3
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    • pp.95-102
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    • 2018
  • The objective of this research is to explore the diverse challenges faced by the customer as well transport providers through the selected modes of transportation of the second most populous country in the world - India. Two separate well-structured questionnaires administered to garner the opinions on different challenges. A random sample of 100 equally selected from the customers of 3 modes of transportation along with 30 transport providers. The collected data was analyzed in Microsoft Excel and R Studio platforms using Percentile Rank Tool and R Programming Language for Chi-square test respectively. Traffic congestion coupled with parking is the major problem in case of roadways while Safety and cleanliness in railways are the first amongst the problems to reckon with. High fares and lack of trained employees are the biggest challenges faced by aviation industry. The research is concentrated only in the states of Andhra Pradesh and Telangana in India with most widely used three modes of transportation viz., Road, Rail and Airways. This research paper is first of its kind which has collected the opinions of both customers as well transport providers on the problems faced. This research proffers information about the challenges faced by the customers which there will be an enormous possibility to review their strategies and plans.

A Design of ITMS(Intelligent Transport Monitoring System) for Optimization of Freight Transport (화물 수송의 최적화를 위한 ITMS(Intelligent Transport Monitoring System) 설계)

  • Jeong, EunHee;Lee, ByungKwan;Jung, INa
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.17 no.12
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    • pp.2853-2858
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    • 2013
  • This paper proposes the ITMS(Intelligent Transport Monitoring System) which manages the route and state of freight by using the Meteorological Office, the Transportation Management Center, GPS and Sensors, etc. The ITMS consists of the CIMS(Container Inner Monitoring System) transmitting the inner temperature and humidity of a container, the TMM(Transport Management Module) computing an estimated time of arrival with Freight Vehicle location information and transmits the result to the CIMS, the FMM(Freight Management Module) checking and managing the freight freshness by using the temperature and humidity of the collected containers, and the SMM(Stevedoring Management Module) selecting the container loading and unloading places with the information transmitted from the CIMS, the TMM, and the FMM and attaching the freight formation to containers using an RFID label. The ITMS not only checks the freight condition at intervals but also acquires and manages the freight information with RFID labels rapidly and accurately.

Factors Influencing Cost Overruns in Construction Projects of International Contractors in Vietnam

  • VU, Thong Quoc;PHAM, Cuong Phu;NGUYEN, Thu Anh;NGUYEN, Phong Thanh;PHAN, Phuong Thanh;NGUYEN, Quyen Le Hoang Thuy To
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.389-400
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    • 2020
  • A construction project is a designed product made up of labors, materials, and installations in the project positioned on the ground and may include the underground and ground section, and the section in water or on the water surface. It is a civil, industrial, transport, agricultural and rural development, infrastructure, or some other. A key phase in the life cycle of these construction projects is the implementation when building products are made directly with workers, equipment, materials, and managers. If there is a lack of management experience, information, and problem-solving solutions to tackle the risks faced by contractors, especially foreign ones, will fail in controlling the project's cost. This study was conducted with investigations, discussions, and evaluation of the factors that lead to cost overruns in the construction projects of international contractors in Vietnam. The principal component analysis (PCA) showed that those factors that influence cost overruns these construction projects fall into five general groups, including factors related to (i) the owners, (ii) the foreign contractors, (iii) the subcontractors and suppliers, (iv) state management, and (v) the project itself. Besides, the study proposes solutions to limit cost overruns in construction projects and improve the profitability of international contractors in Vietnam.

Factors Affecting the Work Motivation of the Construction Project Manager

  • PHAN, Phuong Thanh;PHAM, Cuong Phu;TRAN, Nhu Thi Quynh;LE, Hang Thi Thu;NGUYEN, Hanh Thi Hong;NGUYEN, Quyen Le Hoang Thuy To
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.1035-1043
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    • 2020
  • Project manager plays a very important role in the success of any project. The primary duty of the project manager is to combine the outcomes or results of the various processes and activities of project management into a systematic project management strategy or plan for the project. In the construction industry, a lack of motivation is an urgent problem for many project managers in construction and engineering projects. Lack of motivation affects the quality and productivity of jobs, reducing profits and growth for companies, businesses, contractors or organizations that rely on human resources. The reasons for this lack of motivation are diverse ranging from salary to culture to life and working environment, among others. Through surveys and data analysis using Cronbach's Alpha reliability and EFA (Exploratory Factor Analysis), our research scaled the factors affecting work motivation of project managers in the construction industry in Vietnam. The research results identified six major groups of relevant factors including (i) salary and benefits, (ii) work environment, (iii) promotion opportunities, (iv) organizational culture, (v) interest in the job, and (vi) relationship with the organization. From there, this paper contributed useful information as well as measures for businesses, companies, contractors or organizations in the construction industry.

Risk Factors Affecting Equipment Management in Construction Firms

  • PHAM, Cuong Phu;NGUYEN, Phong Thanh;PHAN, Phuong Thanh;NGUYEN, Quyen Le Hoang Thuy To;LE, Loan Phuc;DUONG, My Tien Ha
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.347-356
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    • 2020
  • Mechanization and automation constitute an essential stage in the production and operation of any company, as one of the determinants of increase in labor productivity and decrease in product price, while significantly contributing to shortening of the lead time. Businesses are, therefore, able to quickly put projects into operation, improving economic efficiency, quality, and aesthetics, which speeds up the national economic growth. For the construction industry to be the most effective, modern construction equipment is a necessity. It is one of the five main resources of a construction project. Thus, effective construction equipment management contributes to the success of a project and benefits the relevant construction companies economically. This paper presents the critical risk factors affecting equipment management and proposes suitable solutions. The questionnaire-based survey with experienced experts in the construction sector on the management of the likelihood and consequence of risk factors revealed thirty-two risks for equipment management in construction companies. These factors fell into six groups: (i) site organization-related risks; (ii) management-related risks; (iii) owner-related risks; (iv) supplier-related risks; (v) legal risks, and (vi) site condition-related and external risks. The results showed that management-related factors contributed to the most significant risks and problems for equipment management in construction companies.

Exploring Critical Risk Factors of Office Building Projects

  • NGUYEN, Phong Thanh;PHAM, Cuong Phu;PHAN, Phuong Thanh;VU, Ngoc Bich;DUONG, My Tien Ha;NGUYEN, Quyen Le Hoang Thuy To
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.2
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    • pp.309-315
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    • 2021
  • Risks and uncertainty are unavoidable problems in management of projects. Therefore, project managers should not only prevent risks, but also have to respond and manage them. Risk management has become a critical interest subject in the construction industry for both practitioners and researchers. This paper presents critical risk factors of office building projects in the construction phase in Ho Chi Minh City, Vietnam. Data was collected through a questionnaire survey based on the likelihood and consequence level of risk factors. These factors fell into five groups: (i) financial risk factors; (ii) management risk factors; (iii) schedule risk factors; (iv) construction risk factors; and (v) environment risk factors. The research results showed that critical factors affecting office building projects are natural (i.e., prolonged rain, storms, climate effects) and human-made issues (i.e., soil instability, safety behaviors, owner's design change) and the schedule-related risk factors contributed to the most significant risks for office buildings projects in the construction phase in Ho Chi Minh City. They give construction management and project management practitioners a new perspective on risks and risk management of office buildings projects in Ho Chi Minh City and are proactive in the awareness, response, and management of risk factors comprehensively.

The Impact of Air Quality on Traveling Time by Transportation Mode (대기오염 수준이 교통수단별 통행시간에 미치는 영향 분석)

  • Jo, Eunjung;Kim, Hyunchul
    • Environmental and Resource Economics Review
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    • v.30 no.2
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    • pp.207-235
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    • 2021
  • This paper examines the effects of ambient air pollution by ozone and particulate matter on traveling by mode of transport. We estimate the SUR model of travel time by different modes of transportation using individual level data of travel diaries. We find that, as air pollution levels rises, traveling by privately-owned vehicles increases but traveling by bus decreases. Our results also show that, when an air quality alert is issued, bus traveling increases in an effort to reduce pollution levels, but traveling by own car does not change and traveling by train declines. This suggests that alert programs may not be highly effective in reducing air pollution emissions from vehicles because voluntary switching to public transportation induced by air quality alerts is outweighed by individual effort of avoiding exposure to pollution.

Optimization of Train Working Plan based on Multiobjective Bi-level Programming Model

  • Hai, Xiaowei;Zhao, Chanchan
    • Journal of Information Processing Systems
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    • v.14 no.2
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    • pp.487-498
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    • 2018
  • The purpose of the high-speed railway construction is to better satisfy passenger travel demands. Accordingly, the design of the train working plan must also take a full account of the interests of passengers. Aiming at problems, such as the complex transport organization and different speed trains coexisting, combined with the existing research on the train working plan optimization model, the multiobjective bi-level programming model of the high-speed railway passenger train working plan was established. This model considers the interests of passengers as the center and also takes into account the interests of railway transport enterprises. Specifically, passenger travel cost and travel time minimizations are both considered as the objectives of upper-level programming, whereas railway enterprise profit maximization is regarded as the objective of the lower-level programming. The model solution algorithm based on genetic algorithm was proposed. Through an example analysis, the feasibility and rationality of the model and algorithm were proved.

A Theoretical Investigation on Global Expansion of Shipping Companies (해운기업의 국제진출 동기에 대한 이론적 고찰)

  • Jung, Jun-Sik
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.44
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    • pp.181-210
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    • 2009
  • This paper discusses global expansion and global strategies of shipping firms. Acknowledging the lack of research on global expansion by freight transport companies, this paper employs the resource-focused model, and explores "why shipping companies emerge" and "why the strategic behaviour of shipping companies is different in the global market". Despite there being a plethora of theoretical and empirical studies on the international operations of business organisations, it is acknowledged that researchers have largely neglected the issues regarding the international expansion within the freight transport industry. Identifying the general lack of contemporary studies concerning the international behaviour of shipping firms, this study addresses the important gap in our knowledge in the theoretical manner. The theoretical analysis suggests that the shipping company's internal resources can be a real reason for the international market participation.

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Accelerating the Sweep3D for a Graphic Processor Unit

  • Gong, Chunye;Liu, Jie;Chen, Haitao;Xie, Jing;Gong, Zhenghu
    • Journal of Information Processing Systems
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    • v.7 no.1
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    • pp.63-74
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    • 2011
  • As a powerful and flexible processor, the Graphic Processing Unit (GPU) can offer a great faculty in solving many high-performance computing applications. Sweep3D, which simulates a single group time-independent discrete ordinates (Sn) neutron transport deterministically on 3D Cartesian geometry space, represents the key part of a real ASCI application. The wavefront process for parallel computation in Sweep3D limits the concurrent threads on the GPU. In this paper, we present multi-dimensional optimization methods for Sweep3D, which can be efficiently implemented on the finegrained parallel architecture of the GPU. Our results show that the overall performance of Sweep3D on the CPU-GPU hybrid platform can be improved up to 4.38 times as compared to the CPU-based implementation.