Strategic Management of Sustainable Economic Development in Transport and Logistics Sector Companies
Introduction. The impact of the economic crisis caused by the COVID-19 pandemic and military actions make the issue of business viability in Ukraine relevant. Modern reality requires new management approaches based on sustainable development strategies. Crisis phenomena have seriously affected local...
Gespeichert in:
| Datum: | 2024 |
|---|---|
| Hauptverfasser: | , , , |
| Format: | Artikel |
| Sprache: | English |
| Veröffentlicht: |
Dr. Viktor Koval
2024
|
| Online Zugang: | https://ees-journal.com/index.php/journal/article/view/276 |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| Назва журналу: | Economics Ecology Socium |
Institution
Economics Ecology Socium| id |
oai:ojs2.www.ees-journal.com:article-276 |
|---|---|
| record_format |
ojs |
| spelling |
oai:ojs2.www.ees-journal.com:article-2762024-12-27T08:37:51Z Strategic Management of Sustainable Economic Development in Transport and Logistics Sector Companies Khvedelidze, Parmen Sokolov, Anatoliy Klenin, Oleg Hryshyna, Larysa logistics, transport companies, strategies, sustainable development, transport market. Introduction. The impact of the economic crisis caused by the COVID-19 pandemic and military actions make the issue of business viability in Ukraine relevant. Modern reality requires new management approaches based on sustainable development strategies. Crisis phenomena have seriously affected local and global logistics, disrupted supply chains, and caused changes in the transport and logistics sectors. The slow development of transport technologies and intermodal transport has reduced Ukraine’s potential and negatively affected its competitiveness. Therefore, effective strategic management for the sustainable economic development of transport enterprises is vital for overall economic development. Aim and tasks. This study aims to analyse and formulate strategies for the sustainable economic development of transport enterprises, including challenges and innovative solutions, such as digitalisation and the development of smart transport systems. Results. Current trends in the development of domestic and international freight transportation, along with the restoration of capacity in Ukraine, confirm the prospects of the industry and its promising prospects even in wartime. The analysis of the operating profitability of Ukrainian transport companies in 2018-2022 showed a negative value (-1.6%), indicating losses in the industry. However, in 2019-2021, there was steady growth, and in 2021, profitability increased to 5.8%. However, according to 2023 calculations, Ukraine has the lowest logistics performance index among neighbouring countries (2.70), indicating severe problems in logistics management and international competitiveness. Because the development of digital technologies in the transport sector creates conditions for their direct use in all sectors of the economy, it is only possible to formulate strategic development directions by considering the need to develop digital transport tools. The main trends in the transport sector have proposed a methodology for forming and implementing a sustainable economic development strategy for transportation companies. Conclusions. The concept of strategic preparation and management of sustainable economic development is the most common practical application of the theoretical foundations of regional companies and fulfils the monitored part of their transport policy. Strategic models focused on adapting to modern challenges have been proposed to ensure the development of transport and logistics companies. Transport companies operate under constant changes in business environments that require flexibility and a mandatory management approach. Dr. Viktor Koval 2024-12-30 Article Article Peer-reviewed Article application/pdf https://ees-journal.com/index.php/journal/article/view/276 10.61954/2616-7107/2024.8.4-9 Economics Ecology Socium; Vol. 8 No. 4 (2024): Economics Ecology Socium; 99-108 Економіка Екологія Соціум; Том 8 № 4 (2024): Economics Ecology Socium; 99-108 2616-7107 2616-7107 10.61954/2616-7107/2024.8.4 en https://ees-journal.com/index.php/journal/article/view/276/237 Copyright (c) 2024 Economics Ecology Socium |
| institution |
Economics Ecology Socium |
| baseUrl_str |
|
| datestamp_date |
2024-12-27T08:37:51Z |
| collection |
OJS |
| language |
English |
| topic_facet |
logistics transport companies strategies sustainable development transport market. |
| format |
Article |
| author |
Khvedelidze, Parmen Sokolov, Anatoliy Klenin, Oleg Hryshyna, Larysa |
| spellingShingle |
Khvedelidze, Parmen Sokolov, Anatoliy Klenin, Oleg Hryshyna, Larysa Strategic Management of Sustainable Economic Development in Transport and Logistics Sector Companies |
| author_facet |
Khvedelidze, Parmen Sokolov, Anatoliy Klenin, Oleg Hryshyna, Larysa |
| author_sort |
Khvedelidze, Parmen |
| title |
Strategic Management of Sustainable Economic Development in Transport and Logistics Sector Companies |
| title_short |
Strategic Management of Sustainable Economic Development in Transport and Logistics Sector Companies |
| title_full |
Strategic Management of Sustainable Economic Development in Transport and Logistics Sector Companies |
| title_fullStr |
Strategic Management of Sustainable Economic Development in Transport and Logistics Sector Companies |
| title_full_unstemmed |
Strategic Management of Sustainable Economic Development in Transport and Logistics Sector Companies |
| title_sort |
strategic management of sustainable economic development in transport and logistics sector companies |
| description |
Introduction. The impact of the economic crisis caused by the COVID-19 pandemic and military actions make the issue of business viability in Ukraine relevant. Modern reality requires new management approaches based on sustainable development strategies. Crisis phenomena have seriously affected local and global logistics, disrupted supply chains, and caused changes in the transport and logistics sectors. The slow development of transport technologies and intermodal transport has reduced Ukraine’s potential and negatively affected its competitiveness. Therefore, effective strategic management for the sustainable economic development of transport enterprises is vital for overall economic development.
Aim and tasks. This study aims to analyse and formulate strategies for the sustainable economic development of transport enterprises, including challenges and innovative solutions, such as digitalisation and the development of smart transport systems.
Results. Current trends in the development of domestic and international freight transportation, along with the restoration of capacity in Ukraine, confirm the prospects of the industry and its promising prospects even in wartime. The analysis of the operating profitability of Ukrainian transport companies in 2018-2022 showed a negative value (-1.6%), indicating losses in the industry. However, in 2019-2021, there was steady growth, and in 2021, profitability increased to 5.8%. However, according to 2023 calculations, Ukraine has the lowest logistics performance index among neighbouring countries (2.70), indicating severe problems in logistics management and international competitiveness. Because the development of digital technologies in the transport sector creates conditions for their direct use in all sectors of the economy, it is only possible to formulate strategic development directions by considering the need to develop digital transport tools. The main trends in the transport sector have proposed a methodology for forming and implementing a sustainable economic development strategy for transportation companies.
Conclusions. The concept of strategic preparation and management of sustainable economic development is the most common practical application of the theoretical foundations of regional companies and fulfils the monitored part of their transport policy. Strategic models focused on adapting to modern challenges have been proposed to ensure the development of transport and logistics companies. Transport companies operate under constant changes in business environments that require flexibility and a mandatory management approach. |
| publisher |
Dr. Viktor Koval |
| publishDate |
2024 |
| url |
https://ees-journal.com/index.php/journal/article/view/276 |
| work_keys_str_mv |
AT khvedelidzeparmen strategicmanagementofsustainableeconomicdevelopmentintransportandlogisticssectorcompanies AT sokolovanatoliy strategicmanagementofsustainableeconomicdevelopmentintransportandlogisticssectorcompanies AT kleninoleg strategicmanagementofsustainableeconomicdevelopmentintransportandlogisticssectorcompanies AT hryshynalarysa strategicmanagementofsustainableeconomicdevelopmentintransportandlogisticssectorcompanies |
| first_indexed |
2025-09-24T17:26:39Z |
| last_indexed |
2025-09-24T17:26:39Z |
| _version_ |
1850411187603243008 |