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Forecasting the Logistics Demand of Guangxi Beibu Gulf Port

Author

Listed:
  • Guoyou Yue

    (Guangxi Key Laboratory of Cross-border E-commerce Intelligent Information Processing, Guangxi University of Finance and Economics, China. Author-2-Name: Author-2-Workplace-Name: Author-3-Name: Author-3-Workplace-Name: Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:)

Abstract

Objective - The objective of this paper is to establish the forecasting models of port cargo throughput and container throughput in Guangxi Beibu Gulf Port in the next 5 years, and to put forward the countermeasures of port logistics development in Guangxi Beibu Gulf Port according to the forecast results. Methodology/Technique - The data of cargo throughput and container throughput of Guangxi Beibu Gulf Port and 3 port areas of Beihai, Fangcheng and Qinzhou in 2009-2020 are collected through the data of Guangxi Statistical Yearbook and Guangxi Statistical Bulletin. Based on 2019 and 2020, the forecasting models of cargo throughput and container throughput in Guangxi Beibu Gulf Port and 3 port areas of Beihai, Fangcheng and Qinzhou are establishe using a weighted moving average forecasting method. The cargo throughput and container throughput of Guangxi Beibu Gulf Port and 3 port areas of Beihai, Fangcheng and Qinzhou in 2020/2021-2025 are predicted. Findings - The forecast results show that by 2025, the cargo throughput of Guangxi Beibu Gulf Port is expected to exceed 400 million tons, and the container throughput is expected to exceed 10 million TEU. According to the fitting diagram of forecast results and actual data, it can be seen that the accuracy of the forecast results is very high. Novelty - It is innovative to select 2 base years in 2019 and 2020 to establish forecasting model. Based on the comparative analysis of the forecast results, this paper puts forward various measures to promote the development of port logistics of Guangxi Beibu Gulf port, such as strengthening the construction of port self-condition, strengthening the co-ordinated development of port and economic hinterland, speeding up the construction of port collection and distribution system, training and introducing all kinds of high-quality port logistics talents.

Suggested Citation

  • Guoyou Yue, 2021. "Forecasting the Logistics Demand of Guangxi Beibu Gulf Port," GATR Journals gjbssr587, Global Academy of Training and Research (GATR) Enterprise.
    • Handle: RePEc:gtr:gatrjs:gjbssr587
    DOI: https://doi.org/10.35609/gjbssr.2021.9.1(9)
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    References listed on IDEAS

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    1. Ajzen, Icek, 1991. "The theory of planned behavior," Organizational Behavior and Human Decision Processes, Elsevier, vol. 50(2), pages 179-211, December.
    2. Poullikkas, Andreas, 2015. "Sustainable options for electric vehicle technologies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 41(C), pages 1277-1287.
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    More about this item

    Keywords

    Logistics Demand Forecast; Cargo Throughput Forecast; Container Throughput Forecast; Weighted Moving Average Forecasting Method; Guangxi Beibu Gulf Port;
    All these keywords.

    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise

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