In this paper, we provide a comprehensive multivariate cointegration analysis of three parts of the steam coal value chain - export, transport and import prices. The analysis is based on a rich dataset of international coal prices; in particular, we combine data on steam coal prices with freight...

This paper presents the proposed trend development of new technologies in form of GPS (Global Positioning System) as well as procurement and trade logistics as parts of logistic concepts. This is done by describing these two logistics concepts including their components, current developments and...

Für eine weltwirtschaftlich so stark verflochtene Wirtschaft wie die deutsche spielt die Logistik eine wichtige Rolle; rund ein Viertel des in Europa erzielten Umsatzes entfiel 2013 auf deutsche Unternehmen. Die Zahl der Beschäftigten in der Logistik lag bei gut 2 Millionen. Gemessen daran ist...