The manufacturing base in the Pearl River Delta of China is moving westwards, where the Pearl River system has extensive coverage. This makes container barge transport a new growth area for Hong Kong Port. Traditionally, Hong Kong Port has been the main gateway for containers transported through the Pearl River system, but this advantageous position is under challenge from the adjacent ports in…
This paper presents an integrated forecasting model based on the TEI@I methodology for forecasting demand for port logistics services – specifically, port container throughput. The model analyzes port logistics time series data and other information in several steps. In the first step, several econometric models are built to forecast the linear segment of port logistics time series. In the se…
This article presents an econometric analysis for the fluctuation of the container freight rate due to the interactions between the demand for container transportation services and the container fleet capacity. The demand is derived from international trade and is assumed to be exogenous, while the fleet capacity increases with new orders made two years before, proportional to the industrial pr…