Seasonality in Freight Rates

This paper inspects in detail the seasonality (deterministic) in container freight rates, and compares seasonality patterns in different freight rate indices. A deterministic seasonality unit root test is performed to achieve set objectives. This study concludes that all the indices (tested in this...
Ausführliche Beschreibung

Gespeichert in:

Autor*in:	Totakura Bangar Raju [verfasserIn] Pradeep Chauhan [verfasserIn] Saurabh Tiwari [verfasserIn] Vishal kashav [verfasserIn]

Format:	E-Artikel
Sprache:	Englisch

Erschienen:	2020

Übergeordnetes Werk:	In: Journal of International Logistics and Trade - Emerald Publishing, 2023, 18(2020), 4, Seite 149-157
Übergeordnetes Werk:	volume:18 ; year:2020 ; number:4 ; pages:149-157

Links:	Link aufrufen Link aufrufen Link aufrufen Journal toc Journal toc

DOI / URN:	10.24006/jilt.2020.18.4.149

Katalog-ID:	DOAJ094546789

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spelling	10.24006/jilt.2020.18.4.149 doi (DE-627)DOAJ094546789 (DE-599)DOAJea41e71710df41759585989da0baf1dd DE-627 ger DE-627 rakwb eng HF1-6182 Totakura Bangar Raju verfasserin aut Seasonality in Freight Rates 2020 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier This paper inspects in detail the seasonality (deterministic) in container freight rates, and compares seasonality patterns in different freight rate indices. A deterministic seasonality unit root test is performed to achieve set objectives. This study concludes that all the indices (tested in this paper) exhibit significant deterministic seasonality. For January and August, there is no seasonal effect observed in all five series. At the same time, all the indices except Exports from Europe Rate Index (EEI) exhibit significant seasonal patterns in February, September, and December. All five indices exhibit significant seasonality during May, and the coefficient sign shows a drop in the freight rates. During March, October, and November; it is observed that only EEI exhibit significant seasonal patterns. The results could be beneficial for carriers and agents who are involved in the containerised freight transport business. Also, shippers could get a clear idea about the freight rates' nature across various trade routes. Commerce Pradeep Chauhan verfasserin aut Saurabh Tiwari verfasserin aut Vishal kashav verfasserin aut In Journal of International Logistics and Trade Emerald Publishing, 2023 18(2020), 4, Seite 149-157 (DE-627)1887403205 (DE-600)3186279-2 25087592 nnns volume:18 year:2020 number:4 pages:149-157 https://doi.org/10.24006/jilt.2020.18.4.149 kostenfrei https://doaj.org/article/ea41e71710df41759585989da0baf1dd kostenfrei https://www.emerald.com/insight/content/doi/10.24006/jilt.2020.18.4.149/full/pdf kostenfrei https://doaj.org/toc/1738-2122 Journal toc kostenfrei https://doaj.org/toc/2508-7592 Journal toc kostenfrei GBV_USEFLAG_A SYSFLAG_A GBV_DOAJ GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_95 GBV_ILN_105 GBV_ILN_110 GBV_ILN_151 GBV_ILN_161 GBV_ILN_206 GBV_ILN_213 GBV_ILN_230 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_2014 GBV_ILN_4012 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4367 GBV_ILN_4700 AR 18 2020 4 149-157
allfields_unstemmed	10.24006/jilt.2020.18.4.149 doi (DE-627)DOAJ094546789 (DE-599)DOAJea41e71710df41759585989da0baf1dd DE-627 ger DE-627 rakwb eng HF1-6182 Totakura Bangar Raju verfasserin aut Seasonality in Freight Rates 2020 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier This paper inspects in detail the seasonality (deterministic) in container freight rates, and compares seasonality patterns in different freight rate indices. A deterministic seasonality unit root test is performed to achieve set objectives. This study concludes that all the indices (tested in this paper) exhibit significant deterministic seasonality. For January and August, there is no seasonal effect observed in all five series. At the same time, all the indices except Exports from Europe Rate Index (EEI) exhibit significant seasonal patterns in February, September, and December. All five indices exhibit significant seasonality during May, and the coefficient sign shows a drop in the freight rates. During March, October, and November; it is observed that only EEI exhibit significant seasonal patterns. The results could be beneficial for carriers and agents who are involved in the containerised freight transport business. Also, shippers could get a clear idea about the freight rates' nature across various trade routes. Commerce Pradeep Chauhan verfasserin aut Saurabh Tiwari verfasserin aut Vishal kashav verfasserin aut In Journal of International Logistics and Trade Emerald Publishing, 2023 18(2020), 4, Seite 149-157 (DE-627)1887403205 (DE-600)3186279-2 25087592 nnns volume:18 year:2020 number:4 pages:149-157 https://doi.org/10.24006/jilt.2020.18.4.149 kostenfrei https://doaj.org/article/ea41e71710df41759585989da0baf1dd kostenfrei https://www.emerald.com/insight/content/doi/10.24006/jilt.2020.18.4.149/full/pdf kostenfrei https://doaj.org/toc/1738-2122 Journal toc kostenfrei https://doaj.org/toc/2508-7592 Journal toc kostenfrei GBV_USEFLAG_A SYSFLAG_A GBV_DOAJ GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_95 GBV_ILN_105 GBV_ILN_110 GBV_ILN_151 GBV_ILN_161 GBV_ILN_206 GBV_ILN_213 GBV_ILN_230 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_2014 GBV_ILN_4012 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4367 GBV_ILN_4700 AR 18 2020 4 149-157
allfieldsGer	10.24006/jilt.2020.18.4.149 doi (DE-627)DOAJ094546789 (DE-599)DOAJea41e71710df41759585989da0baf1dd DE-627 ger DE-627 rakwb eng HF1-6182 Totakura Bangar Raju verfasserin aut Seasonality in Freight Rates 2020 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier This paper inspects in detail the seasonality (deterministic) in container freight rates, and compares seasonality patterns in different freight rate indices. A deterministic seasonality unit root test is performed to achieve set objectives. This study concludes that all the indices (tested in this paper) exhibit significant deterministic seasonality. For January and August, there is no seasonal effect observed in all five series. At the same time, all the indices except Exports from Europe Rate Index (EEI) exhibit significant seasonal patterns in February, September, and December. All five indices exhibit significant seasonality during May, and the coefficient sign shows a drop in the freight rates. During March, October, and November; it is observed that only EEI exhibit significant seasonal patterns. The results could be beneficial for carriers and agents who are involved in the containerised freight transport business. Also, shippers could get a clear idea about the freight rates' nature across various trade routes. Commerce Pradeep Chauhan verfasserin aut Saurabh Tiwari verfasserin aut Vishal kashav verfasserin aut In Journal of International Logistics and Trade Emerald Publishing, 2023 18(2020), 4, Seite 149-157 (DE-627)1887403205 (DE-600)3186279-2 25087592 nnns volume:18 year:2020 number:4 pages:149-157 https://doi.org/10.24006/jilt.2020.18.4.149 kostenfrei https://doaj.org/article/ea41e71710df41759585989da0baf1dd kostenfrei https://www.emerald.com/insight/content/doi/10.24006/jilt.2020.18.4.149/full/pdf kostenfrei https://doaj.org/toc/1738-2122 Journal toc kostenfrei https://doaj.org/toc/2508-7592 Journal toc kostenfrei GBV_USEFLAG_A SYSFLAG_A GBV_DOAJ GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_95 GBV_ILN_105 GBV_ILN_110 GBV_ILN_151 GBV_ILN_161 GBV_ILN_206 GBV_ILN_213 GBV_ILN_230 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_2014 GBV_ILN_4012 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4367 GBV_ILN_4700 AR 18 2020 4 149-157
allfieldsSound	10.24006/jilt.2020.18.4.149 doi (DE-627)DOAJ094546789 (DE-599)DOAJea41e71710df41759585989da0baf1dd DE-627 ger DE-627 rakwb eng HF1-6182 Totakura Bangar Raju verfasserin aut Seasonality in Freight Rates 2020 Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier This paper inspects in detail the seasonality (deterministic) in container freight rates, and compares seasonality patterns in different freight rate indices. A deterministic seasonality unit root test is performed to achieve set objectives. This study concludes that all the indices (tested in this paper) exhibit significant deterministic seasonality. For January and August, there is no seasonal effect observed in all five series. At the same time, all the indices except Exports from Europe Rate Index (EEI) exhibit significant seasonal patterns in February, September, and December. All five indices exhibit significant seasonality during May, and the coefficient sign shows a drop in the freight rates. During March, October, and November; it is observed that only EEI exhibit significant seasonal patterns. The results could be beneficial for carriers and agents who are involved in the containerised freight transport business. Also, shippers could get a clear idea about the freight rates' nature across various trade routes. Commerce Pradeep Chauhan verfasserin aut Saurabh Tiwari verfasserin aut Vishal kashav verfasserin aut In Journal of International Logistics and Trade Emerald Publishing, 2023 18(2020), 4, Seite 149-157 (DE-627)1887403205 (DE-600)3186279-2 25087592 nnns volume:18 year:2020 number:4 pages:149-157 https://doi.org/10.24006/jilt.2020.18.4.149 kostenfrei https://doaj.org/article/ea41e71710df41759585989da0baf1dd kostenfrei https://www.emerald.com/insight/content/doi/10.24006/jilt.2020.18.4.149/full/pdf kostenfrei https://doaj.org/toc/1738-2122 Journal toc kostenfrei https://doaj.org/toc/2508-7592 Journal toc kostenfrei GBV_USEFLAG_A SYSFLAG_A GBV_DOAJ GBV_ILN_11 GBV_ILN_20 GBV_ILN_22 GBV_ILN_23 GBV_ILN_24 GBV_ILN_31 GBV_ILN_39 GBV_ILN_40 GBV_ILN_60 GBV_ILN_62 GBV_ILN_63 GBV_ILN_65 GBV_ILN_69 GBV_ILN_70 GBV_ILN_73 GBV_ILN_95 GBV_ILN_105 GBV_ILN_110 GBV_ILN_151 GBV_ILN_161 GBV_ILN_206 GBV_ILN_213 GBV_ILN_230 GBV_ILN_285 GBV_ILN_293 GBV_ILN_370 GBV_ILN_602 GBV_ILN_2014 GBV_ILN_4012 GBV_ILN_4037 GBV_ILN_4112 GBV_ILN_4125 GBV_ILN_4126 GBV_ILN_4249 GBV_ILN_4305 GBV_ILN_4306 GBV_ILN_4307 GBV_ILN_4313 GBV_ILN_4322 GBV_ILN_4323 GBV_ILN_4324 GBV_ILN_4325 GBV_ILN_4326 GBV_ILN_4335 GBV_ILN_4338 GBV_ILN_4367 GBV_ILN_4700 AR 18 2020 4 149-157
language	English
source	In Journal of International Logistics and Trade 18(2020), 4, Seite 149-157 volume:18 year:2020 number:4 pages:149-157
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authorswithroles_txt_mv	Totakura Bangar Raju @@aut@@ Pradeep Chauhan @@aut@@ Saurabh Tiwari @@aut@@ Vishal kashav @@aut@@
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author	Totakura Bangar Raju
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title_auth	Seasonality in Freight Rates
abstract	This paper inspects in detail the seasonality (deterministic) in container freight rates, and compares seasonality patterns in different freight rate indices. A deterministic seasonality unit root test is performed to achieve set objectives. This study concludes that all the indices (tested in this paper) exhibit significant deterministic seasonality. For January and August, there is no seasonal effect observed in all five series. At the same time, all the indices except Exports from Europe Rate Index (EEI) exhibit significant seasonal patterns in February, September, and December. All five indices exhibit significant seasonality during May, and the coefficient sign shows a drop in the freight rates. During March, October, and November; it is observed that only EEI exhibit significant seasonal patterns. The results could be beneficial for carriers and agents who are involved in the containerised freight transport business. Also, shippers could get a clear idea about the freight rates' nature across various trade routes.
abstractGer	This paper inspects in detail the seasonality (deterministic) in container freight rates, and compares seasonality patterns in different freight rate indices. A deterministic seasonality unit root test is performed to achieve set objectives. This study concludes that all the indices (tested in this paper) exhibit significant deterministic seasonality. For January and August, there is no seasonal effect observed in all five series. At the same time, all the indices except Exports from Europe Rate Index (EEI) exhibit significant seasonal patterns in February, September, and December. All five indices exhibit significant seasonality during May, and the coefficient sign shows a drop in the freight rates. During March, October, and November; it is observed that only EEI exhibit significant seasonal patterns. The results could be beneficial for carriers and agents who are involved in the containerised freight transport business. Also, shippers could get a clear idea about the freight rates' nature across various trade routes.
abstract_unstemmed	This paper inspects in detail the seasonality (deterministic) in container freight rates, and compares seasonality patterns in different freight rate indices. A deterministic seasonality unit root test is performed to achieve set objectives. This study concludes that all the indices (tested in this paper) exhibit significant deterministic seasonality. For January and August, there is no seasonal effect observed in all five series. At the same time, all the indices except Exports from Europe Rate Index (EEI) exhibit significant seasonal patterns in February, September, and December. All five indices exhibit significant seasonality during May, and the coefficient sign shows a drop in the freight rates. During March, October, and November; it is observed that only EEI exhibit significant seasonal patterns. The results could be beneficial for carriers and agents who are involved in the containerised freight transport business. Also, shippers could get a clear idea about the freight rates' nature across various trade routes.
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title_short	Seasonality in Freight Rates
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score	7.4021616

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