Study on Risk and Value of the Logistics Industry

Research Article
Open access

Study on Risk and Value of the Logistics Industry

Meijuan Shi 1*
  • 1 San Francisco State University    
  • *corresponding author mshi1@sfsu.edu
Published on 10 November 2023 | https://doi.org/10.54254/2754-1169/41/20232031
AEMPS Vol.41
ISSN (Print): 2754-1177
ISSN (Online): 2754-1169
ISBN (Print): 978-1-83558-103-2
ISBN (Online): 978-1-83558-104-9

Abstract

The logistics industry plays a vital role in the global economy, managing the flow of goods, information and services. The frequent occurrence of black swan events such as the new coronavirus epidemic in 2020 and the Russia-Ukraine conflict in 2022 has intensified the risks of the logistics industry. On the one hand, by studying the current risks faced by the logistics industry, this paper puts forward corresponding suggestions for the risks faced by the logistics industry. For example, the logistics industry can ensure the security of goods and information by utilizing cutting-edge technologies, adopting forward-looking risk management methods, and promoting cooperation with stakeholders, so that logistics companies can enhance their flexibility and optimize performance. And navigate a dynamic business environment. By establishing effective governance mechanisms and regular reviews, logistics companies can improve the strength and agility of their supply chains, effectively manage risks, and navigate the dynamic business environment. On the other hand, through the financial analysis of several representative companies in the logistics industry, this paper believes that the logistics industry has profitability at present and still has great growth potential in the future. The competition in the industry is relatively fierce, and the logistics industry market needs to be further subdivided.

Keywords:

logistics industry, COVID-19 pandemic, risk and value

Shi,M. (2023). Study on Risk and Value of the Logistics Industry. Advances in Economics, Management and Political Sciences,41,41-48.
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References

[1]. Choi, T. M., Wen, X., Sun, X., & Chung, S. H. (2019). The mean-variance approach for global supply chain risk analysis with air logistics in the blockchain technology era. Transportation Research Part E: Logistics and Transportation Review, 127, 178-191.

[2]. Li, L., Gong, Y., Wang, Z., & Liu, S. (2023). Big data and big disaster: a mechanism of supply chain risk management in global logistics industry. International Journal of Operations & Production Management, 43(2), 274-307.

[3]. Atayah, O. F., Dhiaf, M. M., Najaf, K., & Frederico, G. F. (2022). Impact of COVID-19 on financial performance of logistics firms: evidence from G-20 countries. Journal of Global Operations and Strategic Sourcing, 15(2), 172-196.

[4]. Wilson, M., Paschen, J., & Pitt, L. (2022). The circular economy meets artificial intelligence (AI): Understanding the opportunities of AI for reverse logistics. Management of Environmental Quality: An International Journal, 33(1), 9-25.

[5]. Abdel-Basset, M., Gunasekaran, M., Mohamed, M., & Chilamkurti, N. (2019). A framework for risk assessment, management, and evaluation: Economic tool for quantifying risks in the supply chain. Future Generation Computer Systems, 90(1), 489-502.

[6]. Orji, I. J., Kusi-Sarpong, S., Huang, S., & Vazquez-Brust, D. (2020). Evaluating the factors that influence blockchain adoption in the freight logistics industry. Transportation Research Part E: Logistics and Transportation Review, 141, 102025.

[7]. Choi, T. M. (2021). Risk analysis in logistics systems: A research agenda during and after the COVID-19 pandemic. Transportation Research Part E: Logistics and Transportation Review, 145, 102190.

[8]. Goel, R. K., Saunoris, J. W., & Goel, S. S. (2021). Supply chain performance and economic growth: The impact of COVID-19 disruptions. Journal of Policy Modeling, 43(2), 298-316.

[9]. Zhang, H., & Chen, Z. (2020). Design of risk guarantee platform for financial support of port logistics industry. Journal of Coastal Research, 103(SI), 749-752.

[10]. Chen, C.-H., & Chen, C.-H. (2013). Financial Risk, Business Risk and Firm Value for Logistics Industry. International Journal of Electronic Business Management, 11(4), 251–259.

[11]. Beik, L. L., & Buzby, S. L. (1973). Profitability analysis by market segments. Journal of Marketing, 37 (3), 48-53.

[12]. Fernandez, P. (2010). WACC: definition, misconceptions, and errors. Business Valuation Review, 29(4), 138-144.

[13]. Easton, P. D. (2004). PE ratios, PEG ratios, and estimating the implied expected rate of return on equity capital. The accounting review, 79(1), 73-95.

[14]. Mining industry challenges: Five initiatives for CEOs | McKinsey, https://www.mckinsey.com/industries/metals-and-mining/our-insights/navigating-a-decade-of-challenges-five-winning-initiatives-for-mining-ceos.

[15]. U.S. courier, express and parcel market - statistics & facts | Statista, https://www.statista.com/topics/4063/courier-express-and-parcels-cep-market-in-the-united-states/.

[16]. Seghezzi, A., Mangiaracina, R., Tumino, A., & Perego, A. (2021). ‘Pony express’ crowdsourcing logistics for last-mile delivery in B2C e-commerce: an economic analysis. International Journal of Logistics Research and Applications, 24(5), 456-472.

[17]. About First Majestic, http://www.firstmajestic.com/corporate/about-us/.

[18]. Cisternas, L. A., Ordóñez, J. I., Jeldres, R. I., & Serna-Guerrero, R. (2022). Toward the implementation of circular economy strategies: An overview of the current situation in mineral processing. Mineral Processing and Extractive Metallurgy Review, 43(6), 775-797.


Cite this article

Shi,M. (2023). Study on Risk and Value of the Logistics Industry. Advances in Economics, Management and Political Sciences,41,41-48.

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The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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About volume

Volume title: Proceedings of the 7th International Conference on Economic Management and Green Development

ISBN:978-1-83558-103-2(Print) / 978-1-83558-104-9(Online)
Editor:Canh Thien Dang
Conference website: https://www.icemgd.org/
Conference date: 6 August 2023
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.41
ISSN:2754-1169(Print) / 2754-1177(Online)

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References

[1]. Choi, T. M., Wen, X., Sun, X., & Chung, S. H. (2019). The mean-variance approach for global supply chain risk analysis with air logistics in the blockchain technology era. Transportation Research Part E: Logistics and Transportation Review, 127, 178-191.

[2]. Li, L., Gong, Y., Wang, Z., & Liu, S. (2023). Big data and big disaster: a mechanism of supply chain risk management in global logistics industry. International Journal of Operations & Production Management, 43(2), 274-307.

[3]. Atayah, O. F., Dhiaf, M. M., Najaf, K., & Frederico, G. F. (2022). Impact of COVID-19 on financial performance of logistics firms: evidence from G-20 countries. Journal of Global Operations and Strategic Sourcing, 15(2), 172-196.

[4]. Wilson, M., Paschen, J., & Pitt, L. (2022). The circular economy meets artificial intelligence (AI): Understanding the opportunities of AI for reverse logistics. Management of Environmental Quality: An International Journal, 33(1), 9-25.

[5]. Abdel-Basset, M., Gunasekaran, M., Mohamed, M., & Chilamkurti, N. (2019). A framework for risk assessment, management, and evaluation: Economic tool for quantifying risks in the supply chain. Future Generation Computer Systems, 90(1), 489-502.

[6]. Orji, I. J., Kusi-Sarpong, S., Huang, S., & Vazquez-Brust, D. (2020). Evaluating the factors that influence blockchain adoption in the freight logistics industry. Transportation Research Part E: Logistics and Transportation Review, 141, 102025.

[7]. Choi, T. M. (2021). Risk analysis in logistics systems: A research agenda during and after the COVID-19 pandemic. Transportation Research Part E: Logistics and Transportation Review, 145, 102190.

[8]. Goel, R. K., Saunoris, J. W., & Goel, S. S. (2021). Supply chain performance and economic growth: The impact of COVID-19 disruptions. Journal of Policy Modeling, 43(2), 298-316.

[9]. Zhang, H., & Chen, Z. (2020). Design of risk guarantee platform for financial support of port logistics industry. Journal of Coastal Research, 103(SI), 749-752.

[10]. Chen, C.-H., & Chen, C.-H. (2013). Financial Risk, Business Risk and Firm Value for Logistics Industry. International Journal of Electronic Business Management, 11(4), 251–259.

[11]. Beik, L. L., & Buzby, S. L. (1973). Profitability analysis by market segments. Journal of Marketing, 37 (3), 48-53.

[12]. Fernandez, P. (2010). WACC: definition, misconceptions, and errors. Business Valuation Review, 29(4), 138-144.

[13]. Easton, P. D. (2004). PE ratios, PEG ratios, and estimating the implied expected rate of return on equity capital. The accounting review, 79(1), 73-95.

[14]. Mining industry challenges: Five initiatives for CEOs | McKinsey, https://www.mckinsey.com/industries/metals-and-mining/our-insights/navigating-a-decade-of-challenges-five-winning-initiatives-for-mining-ceos.

[15]. U.S. courier, express and parcel market - statistics & facts | Statista, https://www.statista.com/topics/4063/courier-express-and-parcels-cep-market-in-the-united-states/.

[16]. Seghezzi, A., Mangiaracina, R., Tumino, A., & Perego, A. (2021). ‘Pony express’ crowdsourcing logistics for last-mile delivery in B2C e-commerce: an economic analysis. International Journal of Logistics Research and Applications, 24(5), 456-472.

[17]. About First Majestic, http://www.firstmajestic.com/corporate/about-us/.

[18]. Cisternas, L. A., Ordóñez, J. I., Jeldres, R. I., & Serna-Guerrero, R. (2022). Toward the implementation of circular economy strategies: An overview of the current situation in mineral processing. Mineral Processing and Extractive Metallurgy Review, 43(6), 775-797.