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Determinants of cargo and eco-efficiencies of global container shipping companies

Show simple item record Kuo, Kuo-Cheng Lu, Wen-Min Kweh, Qian Long Le, Minh-Hieu 2020-09-01T15:43:22Z 2020-09-01T15:43:22Z © 2020 2020
dc.identifier.citation Kuo, K.-C., Lu, W.-M., Kweh, Q.L. & Le, M.-H. (2020). Determinants of cargo and eco-efficiencies of global container shipping companies. The International Journal of Logistics Management. en_US
dc.identifier.issn 09574093
dc.description This article is not available at CUD collection. The version of scholarly record of this article paper is published in International Journal of Logistics Management (2020), available online at: en_US
dc.description.abstract Purpose: This study aims to evaluate cargo and eco-efficiency of global container shipping companies (CSCs) and explore the determinants of the CSCs' efficiencies. While the former is derived from the CSCs' operational perspective, the latter highlights environmental issue related to carbon emission reduction. Design/methodology/approach: In the first stage, a two-stage double bootstrap approach of data envelopment analysis (DEA) is applied to derive bias-corrected cargo and eco-efficiency of the top ten global CSCs under the variable returns to scale assumption. In the second stage, ordinary least squares and truncated regression are applied to examine determinants of the CSCs' efficiencies. Findings: The DEA results reveal that the cargo efficiency of the CSCs is higher than their eco-efficiency by about 2.6% under variable returns to scale in DEA. However, the bias-corrected results show that the difference is 2.9%. The overall average efficiencies suggest that the CSCs can improve their cargo (eco) efficiency by 6.9% (10.8%). In the second stage, the regression results show that the numbers of ship, return on assets and asset turnover ratio are significantly related to both cargo and eco-efficiencies, whereas the total fleet capacity positively affects cargo efficiency. Research limitations/implications: The results of this study can help the inefficient CSCs make strategic decisions to improve their performance. For example, their business experience and capacity may be contributing to their efficiencies. However, this study only focuses on the container market among the three main markets, namely, dry bulk, wet bulk and container. Originality/value: This study highlights an environmental issue in the shipping industry. While CSCs are operating their cargo efficiently in general, they should also put green initiatives into their business operations for the long-term sustainability. © 2020, Emerald Publishing Limited. en_US
dc.language.iso en en_US
dc.publisher Emerald Group Publishing Ltd. en_US
dc.relation Authors Affiliations : Kuo, K.-C., Program of Global Business, Chinese Culture University, Taipei, Taiwan; Lu, W.-M., Department of International Business Administration, Chinese Culture University, Taipei, Taiwan; Kweh, Q.L., Faculty of Management, Canadian University of Dubai, Dubai, United Arab Emirates; Le, M.-H., Department of International Business Administration, Chinese Culture University, Taipei, Taiwan
dc.relation.ispartofseries International Journal of Logistics Management;
dc.rights Permission to reuse abstract has been secured from Emerald Publishing Limited.
dc.subject Decision Making Units en_US
dc.subject Data Envelopment Analysis en_US
dc.subject DEA Model en_US
dc.subject Cargo efficiency en_US
dc.subject Data envelopment analysis en_US
dc.subject Double bootstrap en_US
dc.subject Eco-efficiency en_US
dc.subject Environmental issue en_US
dc.subject Shipping industry en_US
dc.title Determinants of cargo and eco-efficiencies of global container shipping companies en_US
dc.type Article en_US
dc.rights.holder Copyright : © 2020, Emerald Publishing Limited. This article is © Emerald Publishing Limited and permission has been granted for this version to appear here ( Emerald does not grant permission for this article to be further copied/distributed or hosted elsewhere without the express permission from Emerald Publishing Limited.

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