It is important to separate the different components of international trade between fixed and mobile assets. It is useful to view the fixed assets of international trade as the support functions for the mobile assets. For example seaports, airports and ground terminal for truck and rail services are…

In following with previous papers on international trade technology, this paper will focus on the issues related to bulk trade of commodities and exchanges such as the Baltic Exchange for contract bidding of freight carriage. Ocean is by volume the largest mover of commodities and finished goods…

ABSTRACTMay 11, 2017This paper will take a different approach to analyze the various components of trade and transportation from the perspective of the tangible complements of the industry such as the association of geographic links and commodities to weights and measures as well as time and…

The short answer to US FTA's is politics not economics. The Trump Administration likes to apply leverage when conducting negotiations about any issue, specifically, bilateral trade agreements where the US economy towers any country's GDP and it can exercise its weight. The argument goes that in…

Big Data refers to technologies and initiatives that involve data that is too diverse, fast-changing or massive for conventional technologies, skills and infrastructure to address efficiently. Specifically, Big Data relates to data creation, storage, retrieval and analysis that is remarkable in…

ABSTRACTInternational trade pricing is defined by the concept of International Parity Price or (IPP), “The price that a purchaser pays or can expect to pay for imported goods; thus the (c.i.f.) import price plus tariff plus transport cost to the purchaser's location. This and the export parity price…

Price or pricing is probably one of the most difficult issues to resolve in the theory of economics. Transformation from a raw material to a finish product goes through several stages of pricing which is finally reflected in the ultimate price to the consumer at the checkout counter.How these prices…

This paper focuses on making a predictive analysis of a distribution system utilizing an Artificial Neural Network (ANN) that shipping companies could use to predict transit time over a complex scattering of destinations. For this purpose, an introduction of machine-learning models capable of…

Trade and transportation are the dynamic forces behind every developed economy in the world. Flourishing nations must import and export goods in order to survive, maintain their framework and care for the market. The finance sector has long seen these factors as validation for continual investment…

Much of transportation economics is about finding optimal variables given parameters that describe freight behavior. In this case, we begin with the observed behavior and attempt to find the parameters that permit the specified relationships to fit the data most closely. We are looking at a type of…