Risk Identification for Outbound Road Freight Transportation Service

TitleRisk Identification for Outbound Road Freight Transportation Service
Publication TypeConference Paper
Year of Publication2015
AuthorsSangwan, T, Liangrokapart, J
EditorKersten, W, Blecker, T, Ringle, CM
Title of ProceedingsInnovations and Strategies for Logistics and Supply Chains
Conference LocationHamburg
ISBN Number978-3-7375-7805-9
Other NumbersISSN (print) 2365-4430, ISSN (online) 2365-5070
KeywordsASEAN Economic Community (AEC), Logistics Service Provider, Outbound Road Freight Transport, Risk Identification

The start of Asian Economic Community (AEC) at the end of 2015 will strengthen
Thailand's position as a transportation hub for the Greater Mekong Sub region
(GMS). It has increased Thailand's opportunities for cross-border trades and importexport
shipments especially between Thailand and its four immediate neighbors -
Myanmar, Malaysia, Laos, and Cambodia. The major mode of transportation among
these countries is the road transportation. Fierce competition will occur as professional
multinational logistics companies owned by foreigners will use their competitive
advantage to get the major market shares and compete with local logistics providers.
To survive the competition under the AEC, local logistics firms should identify
the risks for their logistics services among the neighboring countries and find avenues
to manage the risks. This paper studied relevant literatures and summarized
the risks related to the Outbound Road Freight Transportation Service. The risks
have been validated by industry experts, the effect of each risk on key performance
indicator has been analyzed, and suggestions for mitigating the risks have been included.