Assessing the Risks of a Freight Forwarder Entering the Transport Market with Stochastic Demand
This research investigates freight forwarders' operational risks when entering a new transport market characterized by stochastic demand. A simulation model was developed to represent the service request flow potentially experienced by a freight forwarder in a new market. The proposed model inc...
Saved in:
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
University of Žilina
2025-04-01
|
| Series: | Communications |
| Subjects: | |
| Online Access: | https://komunikacie.uniza.sk/artkey/csl-202502-0003_assessing-the-risks-of-a-freight-forwarder-entering-the-transport-market-with-stochastic-demand.php |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1850258107594178560 |
|---|---|
| author | Vitalii Naumov Guldana Nugymanova Ihor Taran Yana Litvinova |
| author_facet | Vitalii Naumov Guldana Nugymanova Ihor Taran Yana Litvinova |
| author_sort | Vitalii Naumov |
| collection | DOAJ |
| description | This research investigates freight forwarders' operational risks when entering a new transport market characterized by stochastic demand. A simulation model was developed to represent the service request flow potentially experienced by a freight forwarder in a new market. The proposed model incorporates key operational parameters such as average request interval, service tariff, and request processing time. Based on the simulation results, a regression model was developed to predict the market entry risk. The obtained model demonstrates that the risk increases with longer average request intervals between service requests and decreases with higher service tariffs. The findings provide insights for freight forwarders seeking to enter new markets. The simulation-based approach offers a practical tool for assessing operational risks and informing strategic decisions related to market entry and service pricing. |
| format | Article |
| id | doaj-art-45c4c9d45c0c41719a9cc958882adbfc |
| institution | OA Journals |
| issn | 1335-4205 2585-7878 |
| language | English |
| publishDate | 2025-04-01 |
| publisher | University of Žilina |
| record_format | Article |
| series | Communications |
| spelling | doaj-art-45c4c9d45c0c41719a9cc958882adbfc2025-08-20T01:56:16ZengUniversity of ŽilinaCommunications1335-42052585-78782025-04-01272E11E2010.26552/com.C.2025.018csl-202502-0003Assessing the Risks of a Freight Forwarder Entering the Transport Market with Stochastic DemandVitalii Naumov0Guldana Nugymanova1Ihor Taran2Yana Litvinova3Transportation Systems Department, Faculty of Civil Engineering, Cracow University of Technology, Cracow, PolandMukhametzhan Tynyshbaev ALT University, Almaty, KazakhstanDepartment of Roads and Bridges, Faculty of Civil and Environmental Engineering and Architecture, Rzeszow University of Technology, Rzeszow, PolandTransport Management Department, Faculty of Mechanical Engineering, Dnipro University of Technology, Dnipro, UkraineThis research investigates freight forwarders' operational risks when entering a new transport market characterized by stochastic demand. A simulation model was developed to represent the service request flow potentially experienced by a freight forwarder in a new market. The proposed model incorporates key operational parameters such as average request interval, service tariff, and request processing time. Based on the simulation results, a regression model was developed to predict the market entry risk. The obtained model demonstrates that the risk increases with longer average request intervals between service requests and decreases with higher service tariffs. The findings provide insights for freight forwarders seeking to enter new markets. The simulation-based approach offers a practical tool for assessing operational risks and informing strategic decisions related to market entry and service pricing.https://komunikacie.uniza.sk/artkey/csl-202502-0003_assessing-the-risks-of-a-freight-forwarder-entering-the-transport-market-with-stochastic-demand.phpfreight forwardingrisk assessmenttransportation marketsimulation modelregression analysis |
| spellingShingle | Vitalii Naumov Guldana Nugymanova Ihor Taran Yana Litvinova Assessing the Risks of a Freight Forwarder Entering the Transport Market with Stochastic Demand Communications freight forwarding risk assessment transportation market simulation model regression analysis |
| title | Assessing the Risks of a Freight Forwarder Entering the Transport Market with Stochastic Demand |
| title_full | Assessing the Risks of a Freight Forwarder Entering the Transport Market with Stochastic Demand |
| title_fullStr | Assessing the Risks of a Freight Forwarder Entering the Transport Market with Stochastic Demand |
| title_full_unstemmed | Assessing the Risks of a Freight Forwarder Entering the Transport Market with Stochastic Demand |
| title_short | Assessing the Risks of a Freight Forwarder Entering the Transport Market with Stochastic Demand |
| title_sort | assessing the risks of a freight forwarder entering the transport market with stochastic demand |
| topic | freight forwarding risk assessment transportation market simulation model regression analysis |
| url | https://komunikacie.uniza.sk/artkey/csl-202502-0003_assessing-the-risks-of-a-freight-forwarder-entering-the-transport-market-with-stochastic-demand.php |
| work_keys_str_mv | AT vitaliinaumov assessingtherisksofafreightforwarderenteringthetransportmarketwithstochasticdemand AT guldananugymanova assessingtherisksofafreightforwarderenteringthetransportmarketwithstochasticdemand AT ihortaran assessingtherisksofafreightforwarderenteringthetransportmarketwithstochasticdemand AT yanalitvinova assessingtherisksofafreightforwarderenteringthetransportmarketwithstochasticdemand |