Determinants of shippers’ choices of road Sample Clauses

Determinants of shippers’ choices of road based freight supply solutions Five variables loaded on Factor 1, which was interpreted as “Operational Efficiency and Sustainability”, showing that shippers emphasized the importance of environmental friendliness, kind service, and especially error-free invoicing and prompt information European Commission Organization Code: TOI Sixth Framework Programme Classification: Confidential Contract : 513567 Version: Date: 1.0 03/05/2007 after delivery. Significance of access to information on cargo whereabouts under transfer and efficient trans-loading stations for load consolidation and deconsolidation was also articulated by the users. Factor 2, interpreted as “Service Availability”, involved loadings of three quality indicators that revealed that shippers ranked service availability at shipments’ origins and destinations as important for cost-effectiveness of forward and return trips with import/export shipments. Reliability of service was also in focus here, as service availability may affect consistency of transit time, and delay cargo arrivals and pick-ups. Factor 3, named “Dealing with Service Failures”, comprised loadings of three variables which emphasized the importance that shippers assigned to good after-delivery-service for processing cargo loss and damage, reduction of loss and damage, and the negative consequences of less direct shipments. Similarly to rail carriers, failure by truck and truck-intermodal operators to fulfil these service requirements increases shippers’ financial loss when their cargo gets damaged, lost, and/or delayed. The observation, however, that this factor ranked third in the amount of variance explained in the data material related to truck-served routes reveals that this service dimension is important, but may be better attended to by motorized hauliers than by rail-based operators. Two variables that loaded on Factor 4, named “Technical Efficiency”, indicate that shippers rated as significant suitability of LCUs for the commodity carried and shipment size. This finding confirms a tendency observed in European and the US transportation and logistics markets. According to interviews with leaders from major European and global LSP and manufacturing companies, cheap transport has ceased to be an unstated component of logistics design on which so much of the world’s economy has been based. Lean inventory and globally sourced supply chains depended on cheap transport. However, the consequent huge demand for transport has unsurpr...
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