Economic assessment of the cost of reducing the delivery time for cargo owners when sending goods through the international transport corridor “North-South”

Emperor Alexander I St. Petersburg State Transport University, Transportation Economics Department, Moskovskij prospect, 9, 190031 St. Petersburg, Russian Federation

^* Corresponding author: ilya.guliy@mail.ru

Abstract

Purpose: substantiation of the author's methodology for assessing the economic effect of saving time in supply chains, analysis based on the proposed methodology for saving time of commodity producers when sending goods from St. Petersburg (North-Western Federal District of Russia) to India, the cargo is sent along the eastern branch of the international transport corridor “North-South” to compared with the option of delivery via the “deep sea” technology via the Mediterranean Sea and the Suez Canal. Methods: economic modeling, statistical parameterization, analysis and optimization of supply chains. As a result of the conducted research: the parameters of cargo shipments from the North-Western Economic District, the region of the St. Petersburg agglomeration to India for five different delivery options are systematized; the author's methodology for assessing the economic effect of saving time is disclosed, on the basis of which the effects of saving time for goods sent to India from St. Petersburg are determined, when switching from the “deep sea” supply option to the “North-South” multimodal eastern route option. Conclusion: as a result of the study, high-yield cargoes were identified, in particular, pulp, paper, metal structures, the dispatch of which from Russia to India via the international transport corridor is economically attractive, since the effect of saving time overrides the higher cost of delivery.