Post-pandemic liner shipping: a revised Kano model of freight e-commerce

Electronic commerce (e-commerce) is riding high on pandemic booms. In the liner shipping industry, the post-pandemic era has witnessed a strategic shift from traditional offline sales to freight e-commerce, where shippers purchase maritime services on e-platforms owned by major container carriers (l...

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Bibliographic Details
Main Author: Shu, Ning
Other Authors: Teo Chee Chong
Format: Final Year Project (FYP)
Language:English
Published: Nanyang Technological University 2022
Subjects:
Online Access:https://hdl.handle.net/10356/163698
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author Shu, Ning
author2 Teo Chee Chong
author_facet Teo Chee Chong
Shu, Ning
author_sort Shu, Ning
collection NTU
description Electronic commerce (e-commerce) is riding high on pandemic booms. In the liner shipping industry, the post-pandemic era has witnessed a strategic shift from traditional offline sales to freight e-commerce, where shippers purchase maritime services on e-platforms owned by major container carriers (liner giants). As the industry has struggled for decades with problems of carriers’ overselling and shippers’ cancellation, freight e-commerce today offers a clearly defined two-way commitment with penalty fees for both customers and carriers in case of non-compliance. Nevertheless, the increasingly volatile market under normalisation and decarbonisation has exerted considerable pressure on liners’ online revenue, along with the reduced bargaining power of container liners and more wait-and-see attitudes of customers. Thus, growth strategies of e-platforms are worth tackling from the perspective of major liners, who aim to survive the upcoming overcapacity and maximise revenue. Filling research gaps between commercial liner shipping and freight e-commerce, this report reviews how liner giants manage the existing problems and maximise freight revenue. A revised Kano model is proposed to incorporate the post-pandemic context and recommend liner giants to improve consumer trust and platform compatibility. Subsequently, a case study of two fastest-growing freight e-commerce platforms in liner shipping evaluates liners’ competitiveness by applying the model. Finally, the report concludes with suggestions for future research and advises liners to prioritise digitalising investment in freight service upgrades and to offer green shipping options online.
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spelling ntu-10356/1636982022-12-14T03:33:07Z Post-pandemic liner shipping: a revised Kano model of freight e-commerce Shu, Ning Teo Chee Chong School of Civil and Environmental Engineering TeoCC@ntu.edu.sg Business::International business::International trade Engineering::Maritime studies::Maritime management and business Social sciences::Economic theory::International trade Electronic commerce (e-commerce) is riding high on pandemic booms. In the liner shipping industry, the post-pandemic era has witnessed a strategic shift from traditional offline sales to freight e-commerce, where shippers purchase maritime services on e-platforms owned by major container carriers (liner giants). As the industry has struggled for decades with problems of carriers’ overselling and shippers’ cancellation, freight e-commerce today offers a clearly defined two-way commitment with penalty fees for both customers and carriers in case of non-compliance. Nevertheless, the increasingly volatile market under normalisation and decarbonisation has exerted considerable pressure on liners’ online revenue, along with the reduced bargaining power of container liners and more wait-and-see attitudes of customers. Thus, growth strategies of e-platforms are worth tackling from the perspective of major liners, who aim to survive the upcoming overcapacity and maximise revenue. Filling research gaps between commercial liner shipping and freight e-commerce, this report reviews how liner giants manage the existing problems and maximise freight revenue. A revised Kano model is proposed to incorporate the post-pandemic context and recommend liner giants to improve consumer trust and platform compatibility. Subsequently, a case study of two fastest-growing freight e-commerce platforms in liner shipping evaluates liners’ competitiveness by applying the model. Finally, the report concludes with suggestions for future research and advises liners to prioritise digitalising investment in freight service upgrades and to offer green shipping options online. Bachelor of Science (Maritime Studies) 2022-12-14T03:33:07Z 2022-12-14T03:33:07Z 2023 Final Year Project (FYP) Shu, N. (2023). Post-pandemic liner shipping: a revised Kano model of freight e-commerce. Final Year Project (FYP), Nanyang Technological University, Singapore. https://hdl.handle.net/10356/163698 https://hdl.handle.net/10356/163698 en application/pdf Nanyang Technological University
spellingShingle Business::International business::International trade
Engineering::Maritime studies::Maritime management and business
Social sciences::Economic theory::International trade
Shu, Ning
Post-pandemic liner shipping: a revised Kano model of freight e-commerce
title Post-pandemic liner shipping: a revised Kano model of freight e-commerce
title_full Post-pandemic liner shipping: a revised Kano model of freight e-commerce
title_fullStr Post-pandemic liner shipping: a revised Kano model of freight e-commerce
title_full_unstemmed Post-pandemic liner shipping: a revised Kano model of freight e-commerce
title_short Post-pandemic liner shipping: a revised Kano model of freight e-commerce
title_sort post pandemic liner shipping a revised kano model of freight e commerce
topic Business::International business::International trade
Engineering::Maritime studies::Maritime management and business
Social sciences::Economic theory::International trade
url https://hdl.handle.net/10356/163698
work_keys_str_mv AT shuning postpandemiclinershippingarevisedkanomodeloffreightecommerce