Evaluating the Market Share of China Railway Express Lines – A Data-driven Approach
Fuelled by the Belt and Road Initiative, Eurasia railway transport has gained rapid traction. However, China Railway Express is in the development period, information about China Railway Express lines is in chaos, and it is difficult to appraise the market situation. This paper focuses on providing an approach to estimate the market share of every China Railway Express line. In this paper, the crawled data from the website are applied to estimate the customer demands for China Railway Express services in different areas of China. The government subsidy is a factor that cannot be ignored, but its level is unclear. Thus, a dummy regression model was established to estimate the subsidy. The regression result is in line with the data released by the Guangdong Provincial Government in 2017. To identify customers’ preferred choices for particular lines, a multi-objective optimization model has been built. With the crawled demands data and this optimization model, the current and future market share of China Railway Express can be assessed. If the subsidy is cancelled, some China Railway Express lines will lose their market, and only three lines have a bright future.
China Railway Corporation. Development Plan for Railway express (2016-2020). National Development and Reform Commission, China.
Qin H-H, Qin S. Goods for China-Europe Block Train Based on Freight Value. Railway Freight Transport. 2016;34(8): 13-19.
Lin B-Z. The Operational Situation and Suggestions for Sino-Euro Block Trains. Port Economy. 2017;4: 27-30.
Wang Y-B. Discussion on Construction and Development Planning of China Railway Express. Railway Transport and Economy. 2017;39(1): 41-45.
Li F-J. Countermeasures of optimizing China-Europe block trains under “the Belt and Road” Strategy. Railway Transport and Economy. 2016;38(5): 41-45.
Bi G-T. The Development Situation of China-Europe Block Trains under "the Belt and Road" Strategy and Suggestions. China Market. 2017;22: 121-122.
Zhang C, Jiang R. Development Status and Strategy Analysis of China-Europe Block Trains Based on SWOT. China Market. 2016;41: 148-149.
Xu Y-M. Discussion on the Development Path of China-Europe Train from the Perspective of "One Belt and One Road" Strategy. Southwest Finance. 2015;10: 70-73.
Cullinane K, Wilmsmeier G. The Contribution of the Dry Port Concept to the Extension of Port Life Cycles. In: Böse JW. (ed.) Handbook of Terminal Planning. Springer Science+Business Media; 2011.
Martins de Sá E, Contreras I, Cordeau J-F, Saraiva de Camargo R, de Miranda G. The Hub Line Location Problem. Transportation Science. 2015;49(3): 500-518.
Ishfaq R, Sox CR. Intermodal logistics: The Interplay of Financial, Operational and Service Issues. Transportation Research Part E: Logistics and Transportation Review. 2010;46(6): 926-949.
Ishfaq R, Sox CR. Hub Location–allocation in Intermodal Logistic Networks. European Journal of Operational Research. 2010;210(2): 213-230.
Roso V. Factors Influencing Implementation of A Dry Port. International Journal of Physical Distribution & Logistics Management. 2008;38(10): 782-798.
Hanaoka S, Regmi MB. Promoting intermodal freight transport through the development of dry ports in Asia: An environmental perspective. IATSS Research. 2011;35(1): 16-23.
Zheng C, Zhuang Q, Lü J. Research on bi-objective inland port location problem with the perspective of environmental constraints. Journal of Systems Engineering. 2014;29(5): 662-671.
Yang Y-C, Chen S-L, Determinants of global logistics hub ports: Comparison of the port development policies of Taiwan, Korea, and Japan. Transport Policy. 2016;45: 179-189.
Limbourg S, Jourquin B. Optimal rail-road container terminal locations on the European network. Transportation Research Part E: Logistics and Transportation Review. 2009;45(4): 551-563.
Dong Q-L, Yang L, Chang X-H. Research on China-Europe Trains Integrated Operation Based on International Transit Hub Port Strategy Theory. Science and Technology Management Research. 2016;36(22): 230-236.
Dong Q-L. The Advantage, Condition and Realization Way of International Transit Hub Strategy under the Background of the Belt and Road Initiative. China Business and Market. 2017;31(2): 46-54.
Wang J-E, Jing Y, Wang C. Study on Better Organization of China-Europe Express Train. Bulletin of Chinese Academy of Sciences. 2017;32(4): 370-376.
Jiang X-Y, Wang X-L, Zhu D-L. Research on the Problem of Site Selection of Logistics Infrastructure under the "One Belt and One Road" Development Strategy. Shanghai Management Science. 2015;20(7): 2694-2697.
Fu X-P, Zhang Y-X, Wan H-H. Study on Economy Optimization of China—Europe Block Train Corridor in Central West of China. Railway Transport and Economy. 2017;39(4): 26-30.
Chen R, Shi G-X. Reflections on creating "One Belt and One Road" China-Europe train brand. Railway Transportation and Economy. 2015;37(6): 71.
Ye Y-C, Zhu D, Wang X. Study on Consolidation Pattern of Sino-European Rail Freight. Shanghai Management Science. 2014;36(6): 1-7.
Li N-Y. The foundation of China Railway Express alliance under the background of “One belt and One Road”. Urban Mass Transit. 2016;5: 73.
Belt and Road Portal. 2017 China-Europe Express Report: 3271 Trains in 35 Cities Will Turn to "High Quality" in the Future. Available at: https://www.yidaiyilu.gov.cn/xwzx/gnxw/42245.htm [Accessed 27th September 2019].
Ross SM. Introduction to Probability Models. 11th ed. Boston: Academic Press; 2014; p. 425.
Copyright (c) 2020 Yadi Wang, Xiaochun Lu, Yang Wang
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).