Reading: Exploring Relationship between Freight Forwarder Selection and Size of the Organization: Mul...

Download

A- A+
Alt. Display

Research

Exploring Relationship between Freight Forwarder Selection and Size of the Organization: Multinomial Regression Analysis

Authors:

Jayathmi D. Gamachchige ,

CINEC Campus Millennium Drive, IT Park, Malabe, LK
About Jayathmi D.
Department of Logistics and Transport
X close

M. R. S. Mudunkotuwa

CINEC Campus Millennium Drive, IT Park, Malabe, LK
About M. R. S.
Department of Logistics and Transport
X close

Abstract

Global economy tends to focus on more imports and exports, where businesses needs more and more support from 3PL providers to smooth their complicated business processes. When it comes to international business, there are a lot of regulations and steps to be followed. Starting from making a booking with the carrier, reserving space, negotiating better rates, equipment reservations, fumigation, obtaining certificates, clearing, and border regulations are few events involved. As a solution to the complicated processes freight forwarders came in to industry so that the business can focus on their core activities while forwarders involve in the transport and logistics processes. Hence the purpose of this study is to explore the relationship between freight forwarder selection and size of the organization and help to improve the service quality of the freight forwarding industry and identify whether there is a relationship between the frequencies of using forwarders with the size of organization. In order to carry out the research a questionnaire survey was developed using prior research, articles and distributed among the sample of 250 shippers which was selected out of the 1557 exporting companies in 23 industries in Sri Lanka. Multinomial Regression analysis was used to analyse data and Pseudo R-Square method was use to further confirm the relationship in between the dependent and independent variables. Findings identified a relationship between factors with organization size and the frequency of using freight forwarders. It is recommended to the policy makers of freight forwarding companies to consider the relationship and focus more on large scale organizations to enhance their profit and build relationships with the flourishing companies.
How to Cite: Gamachchige JD, Mudunkotuwa MRS. Exploring Relationship between Freight Forwarder Selection and Size of the Organization: Multinomial Regression Analysis. CINEC Academic Journal. 2019;3:20–4. DOI: http://doi.org/10.4038/caj.v3i0.40
Published on 29 Dec 2019.
Peer Reviewed

Downloads

  • PDF (EN)

    comments powered by Disqus