Competitive Factors of Global Ports in the New Economy: Implications for Theory and Practice

The new economy is changing the way global ports compete because of the excess capacity in the supply chain, and the imbalance in the movement of goods. Goods movements from Asia to the U.S. and Europe far exceed those to Asia from the West. This creates mode dead-heading, driving prices to all-time lows in some channels, and to highs in others. Ports are forced to compete in new ways to attract and retain customers and generate revenue to invest in infrastructure. Port managers recognize that the economy will eventually recover and they need to attract new investors to build the infrastructure to support the expected increase in demand. However, actions to attract customers can detract investors, and visa-versa. This study develops a model of port strategies that managers can use to evaluate their decisions for their impact on customers and investors. Using Analytic Hierarchy Process (AHP), this pilot study empirically examines the new model. While the instrument and analysis appear to accurately represent the phenomenon of interest, the conclusions must be considered unsupported until the full study is performed with the proper sample size.

Language

  • English

Media Info

  • Media Type: Digital/other
  • Features: Figures; References; Tables;
  • Pagination: pp 280-288
  • Monograph Title: Proceedings of the International Forum on Shipping, Ports and Airports (IFSPA) 2012: Transport Logistics for Sustainable Growth at a New Level

Subject/Index Terms

Filing Info

  • Accession Number: 01484607
  • Record Type: Publication
  • ISBN: 9789623677578
  • Files: TRIS
  • Created Date: Jun 19 2013 9:32PM