International Journal of Logistics Economics and Globalisation (4 papers in press)
A Qualitative Analysis of Maritime Literature
by Ismail Bilge Cetin, Sedat Bastug
Abstract: The aim of this study was to explore and determine how maritime literature on freight transportation has developed and reveal prospects to academic researchers. To do this, journal articles were selected using the social science citation index, and a content analysis conducted on 3,365 articles. The findings show that most of this literature focuses on freight rates, with most studies specifically investigating container ships and bulk carriers. Other areas i.e. rail road, coastal shipping etc. remain under researched.
Keywords: Academic Literature; Maritime Transportation; Systematic Literature Review; Shipping Journal.
A review of the current research status of China's ancient Logistics
by Yuanyuan Zhang, Meng Xu
Abstract: Although the concept of logistics is an imported product, the flow of things has existed in ancient China. In recent years, many scholars have devoted themselves to the research of Chinas ancient logistics and have achieved fruitful results. These achievements have focused on the research on the transportation and storage of Chinese ancient logistics. This article is divided into four parts to summarize the literature research status of Chinas ancient logistics transportation, logistics storage, regional logistics, logistics management thought and management system, and give a brief overview of the cost control of ancient logistics, ancient military logistics, ancient reverse logistics and so on. The evaluation of the current research status of Chinas ancient logistics has been made, and it is believed that although the study has some reference significance, it is still not systematic, so it is necessary to strengthen the research on the ancient logistics in China.
Keywords: Ancient China; Logistics management; Literature research.
Cold Chain Logistics: An Impediment in the Perishable Food Industry of India
by Binod Kumar Singh, Saurav Negi
Abstract: Indian agriculture sector plays a significant role in Indian economy by contributing 17.9% of GDP. Fruits and Vegetables sector play an important role in the Indian agriculture sector which is suffering from huge post-harvest losses due to improper cold chain logistics. This study gives an insight of post harvest losses and its linkage with cold chain logistics in India. This paper discussed the challenges of cold chain industry in India, cold chain gap assessment, and post-harvest losses due to inadequate cold chain. SCOPE Situational analysis, PESTEL analysis and SWOT analysis is conducted in detail, which revealed that cold chain industry is facing various challenges like high cost of investments, energy requirement, poor visibility of the products in transit, uneven distribution of cold chain capacities, and obsolete technology. Further, this study is also able to draw a roadmap that can be used by stakeholders and policy makers in this sector to minimize post-harvest losses.
Keywords: Cold Chain Logistics; Logistics infrastructure; Indian economy; Food losses; Food Supply Chain.
AN ANALYTICAL STUDY ON THE LIKELY CAUSES OF THE MINOR BUBBLES IN THE BALTIC DRY INDEX
by Abdullah Acik, Sadık Ozlen Baser
Abstract: Freight rates in the maritime market consist of a balance between supply and demand. The imbalances between these two parties bring about long-run and short-run cyclicality. In the long-run, the equilibrium mechanism lasts for many years, and in the short-run, small deviations occur due to the effects of sudden shocks. Those in the positive direction of these deviations cause minor bubbles at freight rates. The aim of this study is to contribute to the existing maritime economics literature by empirically identifying these minor bubble dates, analyzing the events corresponding to those days, and revealing the factors that cause bubble formation in the dry bulk market. In this direction, firstly the price bubbles in the Baltic Dry Index (BDI) have been determined by generalized sup augmented Dickey-Fuller (GSADF) test. Then the market reports corresponding to these bubble dates have been analyzed, and the events which might boost freight rates have been detected. The dataset covers the dates between 3rd January 2012 and 14th May 2018, and consists of 1550 daily observations. The results of the analysis reveals that, the events that boost freight rates and cause price bubbles could be categorized such eight factors as climatic factors, cultural factors, political factors, voyage factors, operational factors, production factors, adjacent market factors and sentiment factors.
Keywords: Freight rates; price bubbles; Baltic Dry Index; GSADF.