Measuring the Shipper’s Benefit Using Oversea Transshipment:Case of Japan-North American Container Cargo Transport Market
2017 Volume 30 Issue 3 Pages 67-78
Details
2017 Volume 30 Issue 3 Pages 67-78
ABSTRACT : This paper aims to discuss the economic advantage/disadvantage of using oversea transshipment. We develop the aggregated Logit type shippers’ route choice model using MLIT’s survey data. Applying the model and then our results show that the total utility of Japanese shippers decreased from 2008 to 2013 with the decrease of direct call from Japan. Through the sensitivity analysis, we can say that reducing the oversea transshipment is useful for Japanese shippers in terms of reducing the additional cost relating to the oversea transshipment, but, on the other hand, it is very difficult to obtain the level of service that Port of Busan provides due to the high cost for improvement.
