Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/35045
Title: Economic organization of intermodal transport
Authors: Panayides, PM
Issue Date: 2002
Publisher: Taylor & Francis
Source: Transport reviews, 2002, v. 22, no. 4, p. 401-414 How to cite?
Journal: Transport reviews
Abstract: The paper considers in detail strategic changes occurring in the organizational context of intermodal transportation and discusses the application of economic approaches (primarily transaction-cost economics) for assessing the effectiveness of the appropriate governance structure in organizing the intermodal transport economic system. The paper reviews the developments in intermodal transportation, particularly in the context of logistics and supply chain management, and recognizes the trend for the formation of one-stop shopping megacarriers spurred by deregulation and market requirements. This culminates in the need to consider how companies should organize the economic governance of the intermodal transport system. The main governance structures include market (subcontracting) or hierarchy (internal organization). The transaction-cost economics approach is reviewed and applied at a conceptual level to provide the core basis upon which the assessment of the optimal governance structure in intermodal transport can be based. The review of the core economic principles indicates that the governance structure in intermodal transport is dependent on transaction costs, production costs and strategic considerations that a particular structure might entail and the policy implications thereof. The potential for empirical research in the application of the transaction-cost economics approach to intermodal transport is discussed and detailed direction for further empirical research is provided as well as discussion of policy implications particularly with respect to competition and antitrust.
URI: http://hdl.handle.net/10397/35045
ISSN: 0144-1647 (print)
1464-5327 (online)
DOI: 10.1080/01441640210124523
Appears in Collections:Journal/Magazine Article

Access
View full-text via PolyU eLinks SFX Query
Show full item record

WEB OF SCIENCETM
Citations

33
Last Week
1
Last month
Citations as of Apr 20, 2017

Page view(s)

151
Last Week
0
Last month
Checked on Apr 23, 2017

Google ScholarTM

Check

Altmetric



Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.