Hilde Meersman, Siri Pettersen Strandenes and Eddy Van de Voorde
Hilde Meersman, Eddy Van de Voorde and Thierry Vanelslander
Rosário Macário, Hilde Meersman and Eddy van de Voorde
Transport is a major contributor to the European economy, accounting for 4.8 per cent of gross value added across the 28 EU countries (€548 bn) and 11 million jobs (UK included). Transport is fundamental for development at all scales of human life – local, rural, urban, metropolitan, regional, national, large-scale, and global. Many challenges exist that must be addressed by transport policy, from use of new intelligent technology to the need to promote a more inclusive society. These issues are complex, involving multiple and often competing interests. Mobility is an important way to provide accessibility, which supports economic development and social inclusion, but other contributors are also important, such as activity locations, land use policy and also energy, safety and security, etc. European transport policy is currently driven by a small number of long-term macro objectives: an inclusive society; connectivity of the different transport networks; and resilience of the transport systems to ensure sustainable cities and territories. This chapter addresses the main challenges faced by this sector while pursuing those objectives.
Hilde Meersman, Christa Sys, Eddy Van de Voorde and Thierry Vanelslander
The general objective of this chapter is to assess the competitive conditions of the container liner shipping industry. To do this, it takes a closer look at four key issues in container liner shipping: pricing as an indicator of competition, market concentration, product development and differentiation, and (de)regulation. Despite the existence of cooperation agreements, the container liner shipping industry is typically a competitive environment where supply grows stronger than demand, resulting in declining freight rates. Knowledge about the degree of competition is obtained by the calculation of two indicators (i.e. an indicator of concentration and an indicator of market share instability). The research shows that the container liner shipping industry has no need for new regulatory initiatives for the time being. What is required is adequate monitoring of the market evolution and the significant variables.