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Managing Risks in Dry Port Operations

Author

Listed:
  • Ciortescu Cezar-Gabriel

    (“Alexandru Ioan Cuza” University of Ia?i, Doctoral School of Economics)

  • Pãvãla?cu Narcis Sebastian

    (“Gheorghe Asachi” Technical University of Ia?i)

Abstract

The purpose of this paper is to have an in-depth look into the phenomenon of risk assessment and risk management strategies in managing dry port operations as an integrated part into international containerized freight trade. The fact that world crises take the form of disruptions, bankruptcies, breakdowns, macroeconomic and political changes, and disasters leads to higher risks and makes risk management more and more difficult. This paper aims to discuss the theory behind the dry port concept and to explore the possibility of improving its management by increasing its economic performance by correlating it with new policies regarding risk strategies. The research provides managers with a direction for choosing risk management strategies based on the global supply chain environment. This study provides insights into the applicability of risk management strategies with respect to environmental conditions and it may also draw new directions for policy makers.

Suggested Citation

  • Ciortescu Cezar-Gabriel & Pãvãla?cu Narcis Sebastian, 2012. "Managing Risks in Dry Port Operations," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 851-855, May.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:12:p:851-855
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    More about this item

    Keywords

    dry port; freight containers; risk management.;
    All these keywords.

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
    • R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General

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