Chapter
Aug 12, 2020

Study on Container Export Market Share of CR Express from Zhejiang to the EU

Publication: CICTP 2020

ABSTRACT

China railway express (CR express) was established to deepen the economic cooperation with countries along the “silk road and economic belt”. Increasing the market share of CR express requires a better understanding of the transport demand for export containers and shippers’ choice preference. The aims of this study are threefold: first, this paper measures the current volume of export containers by coefficient method; second, a two-stage survey is conducted in three major cities of Zhejiang, and multinomial logit model and mixed logit model are applied to analyze the decisive variables; Finally, future market share of CR express based on the reduction of time and cost are calculated, and development countermeasures are discussed. Estimation results indicate that significant effects of commodity characteristics exist, while reliability isn’t one of the decisive factors considered by shippers. Forecast results of market share imply that decision-makers would pay more attention to reducing costs than time.

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Go to CICTP 2020
CICTP 2020
Pages: 3295 - 3308

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Published online: Aug 12, 2020

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1College of Transportation Engineering, Key Laboratory of Road and Traffic Engineering of the State Ministry of Education, Shanghai Key Laboratory of Rail Infrastructure Durability and System Safety, Tongji Univ., 4800 Cao’an Rd., Jiading District, Shanghai, PR China. Email: [email protected]
Su-Xiang Zhang [email protected]
2College of Transportation Engineering, Key Laboratory of Road and Traffic Engineering of the State Ministry of Education, Shanghai Key Laboratory of Rail Infrastructure Durability and System Safety, Tongji Univ., 4800 Cao’an Rd., Jiading District, Shanghai, PR China. Email: [email protected]
3SAIC General Motors Co. Ltd., 1500 Shenjiang Rd., Pudong New District, Shanghai, PR China. Email: [email protected]

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