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Impact of the increase in international freight costs for Colombian importers between 2019 and 2021.

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Title: Impact of the increase in international freight costs for Colombian importers between 2019 and 2021.
Alternate Title: Impacto del incremento de los costos de fletes internacionales para importadores colombianos entre los años 2019 a 2021.
Authors: Elías López-Rodríguez, Campo1 clopezr3@uniminuto.edu.co, Guillermo Ortega-Diéz, Iván2 ivanortegad@usantotomas.edu.co, Bejarano Guzmán, Diana María3 dianam.bejaranog@ecci.edu.co, Cardona Ramírez, Ángela María3 angelam.ramirezc@ecci.edu.co
Source: Revista ID EST: Investigación, Desarrollo, Educación, Servicio, Trabajo. jul-dic2023, Vol. 3 Issue 2, p99-119. 21p.
Subject Terms: Cost overruns, Balance of trade, Price increases, Shipping companies, Importers
Abstract (English): The main objective of this article is to determine the impact of the increase in international freight costs for Colombian importers between 2019 and 2021. In order to answer this question, the research carried out was based on a qualitative descriptive study, based on a documentary review analysis; This process began through the conceptualization of the most relevant terms used in international maritime transport, then it was inquired about the factors that influenced the increase in international freight costs, there it was shown that the shortage of TEUs and the lack of operators to meet the demand in ports, are the main factors that triggered the increase in this item, it should be noted that the second factor was exacerbated as a result of the pandemic. From the results obtained, it is concluded that the impact generated by this cost overrun is negative for importers, the result was a decrease in the volume of imports arriving by sea, this being the means of transport responsible for mobilizing about 90% of the cargo traded worldwide, this negative variation directly influences the economy of each country and is reflected in its balance of trade. It is possible to identify the monopolistic role played by shipping companies, being the owners of containers and vessels, who use the contingency to take an advantageous position and oversell the reserves or exponentially increase the price of these. [ABSTRACT FROM AUTHOR]
Abstract (Spanish): Este artículo tiene como principal objetivo determinar el impacto del incremento de los costos de fletes internacionales para importadores colombianos entre los años 2019 a 2021, para responder a este interrogante la investigación realizada se ejecutó a partir de un descriptivo de tipo cualitativo, basado en un análisis de revisión documental; este proceso comenzó a través de la conceptualización de los términos más relevantes utilizados en el transporte internacional marítimo, posteriormente se indagó acerca de cuáles eran los factores que incidían en el aumento de los costos de los fletes internacionales, allí se evidenció que la escasez de TEUS y la falta de operarios que cubran la demanda en los puertos, son los principales factores que desataron el incremento en este rubro, cabe resaltar que el segundo factor se agudizó como consecuencia de la pandemia. Desde los resultados obtenidos se concluye principalmente que el impacto generado por este sobrecosto es negativo para los importadores, el resultado fue una diminución en el volumen de importaciones que llegan vía marítima, siendo este el medio de transporte responsable de movilizar alrededor del 90% de la carga que se comercializa mundialmente, esta variación negativa influye directamente en la economía de cada país y se ve reflejado en su balanza comercial. Se logra identificar el papel monopolístico que juegan las navieras siendo las propietarias de contenedores y motonaves, quienes utilizan la contingencia para tomar una posición de ventaja y sobrevender las reservas o aumentar exponencialmente el precio de estas. [ABSTRACT FROM AUTHOR]
Copyright of Revista ID EST: Investigación, Desarrollo, Educación, Servicio, Trabajo is the property of Fundacion de Estudios Superiores Monsenor Abraham Escudero Montoya FUNDES and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Database: Education Research Complete
FullText Text:
  Availability: 0
Header DbId: ehh
DbLabel: Education Research Complete
An: 175625603
AccessLevel: 6
PubType: Academic Journal
PubTypeId: academicJournal
PreciseRelevancyScore: 0
IllustrationInfo
Items – Name: Title
  Label: Title
  Group: Ti
  Data: Impact of the increase in international freight costs for Colombian importers between 2019 and 2021.
– Name: TitleAlt
  Label: Alternate Title
  Group: TiAlt
  Data: Impacto del incremento de los costos de fletes internacionales para importadores colombianos entre los años 2019 a 2021.
– Name: Author
  Label: Authors
  Group: Au
  Data: <searchLink fieldCode="AR" term="%22Elías+López-Rodríguez%2C+Campo%22">Elías López-Rodríguez, Campo</searchLink><relatesTo>1</relatesTo><i> clopezr3@uniminuto.edu.co</i><br /><searchLink fieldCode="AR" term="%22Guillermo+Ortega-Diéz%2C+Iván%22">Guillermo Ortega-Diéz, Iván</searchLink><relatesTo>2</relatesTo><i> ivanortegad@usantotomas.edu.co</i><br /><searchLink fieldCode="AR" term="%22Bejarano+Guzmán%2C+Diana+María%22">Bejarano Guzmán, Diana María</searchLink><relatesTo>3</relatesTo><i> dianam.bejaranog@ecci.edu.co</i><br /><searchLink fieldCode="AR" term="%22Cardona+Ramírez%2C+Ángela+María%22">Cardona Ramírez, Ángela María</searchLink><relatesTo>3</relatesTo><i> angelam.ramirezc@ecci.edu.co</i>
– Name: TitleSource
  Label: Source
  Group: Src
  Data: <searchLink fieldCode="JN" term="%22Revista+ID+EST%3A+Investigación%2C+Desarrollo%2C+Educación%2C+Servicio%2C+Trabajo%22">Revista ID EST: Investigación, Desarrollo, Educación, Servicio, Trabajo</searchLink>. jul-dic2023, Vol. 3 Issue 2, p99-119. 21p.
– Name: Subject
  Label: Subject Terms
  Group: Su
  Data: <searchLink fieldCode="DE" term="%22Cost+overruns%22">Cost overruns</searchLink><br /><searchLink fieldCode="DE" term="%22Balance+of+trade%22">Balance of trade</searchLink><br /><searchLink fieldCode="DE" term="%22Price+increases%22">Price increases</searchLink><br /><searchLink fieldCode="DE" term="%22Shipping+companies%22">Shipping companies</searchLink><br /><searchLink fieldCode="DE" term="%22Importers%22">Importers</searchLink>
– Name: Abstract
  Label: Abstract (English)
  Group: Ab
  Data: The main objective of this article is to determine the impact of the increase in international freight costs for Colombian importers between 2019 and 2021. In order to answer this question, the research carried out was based on a qualitative descriptive study, based on a documentary review analysis; This process began through the conceptualization of the most relevant terms used in international maritime transport, then it was inquired about the factors that influenced the increase in international freight costs, there it was shown that the shortage of TEUs and the lack of operators to meet the demand in ports, are the main factors that triggered the increase in this item, it should be noted that the second factor was exacerbated as a result of the pandemic. From the results obtained, it is concluded that the impact generated by this cost overrun is negative for importers, the result was a decrease in the volume of imports arriving by sea, this being the means of transport responsible for mobilizing about 90% of the cargo traded worldwide, this negative variation directly influences the economy of each country and is reflected in its balance of trade. It is possible to identify the monopolistic role played by shipping companies, being the owners of containers and vessels, who use the contingency to take an advantageous position and oversell the reserves or exponentially increase the price of these. [ABSTRACT FROM AUTHOR]
– Name: Abstract
  Label: Abstract (Spanish)
  Group: Ab
  Data: Este artículo tiene como principal objetivo determinar el impacto del incremento de los costos de fletes internacionales para importadores colombianos entre los años 2019 a 2021, para responder a este interrogante la investigación realizada se ejecutó a partir de un descriptivo de tipo cualitativo, basado en un análisis de revisión documental; este proceso comenzó a través de la conceptualización de los términos más relevantes utilizados en el transporte internacional marítimo, posteriormente se indagó acerca de cuáles eran los factores que incidían en el aumento de los costos de los fletes internacionales, allí se evidenció que la escasez de TEUS y la falta de operarios que cubran la demanda en los puertos, son los principales factores que desataron el incremento en este rubro, cabe resaltar que el segundo factor se agudizó como consecuencia de la pandemia. Desde los resultados obtenidos se concluye principalmente que el impacto generado por este sobrecosto es negativo para los importadores, el resultado fue una diminución en el volumen de importaciones que llegan vía marítima, siendo este el medio de transporte responsable de movilizar alrededor del 90% de la carga que se comercializa mundialmente, esta variación negativa influye directamente en la economía de cada país y se ve reflejado en su balanza comercial. Se logra identificar el papel monopolístico que juegan las navieras siendo las propietarias de contenedores y motonaves, quienes utilizan la contingencia para tomar una posición de ventaja y sobrevender las reservas o aumentar exponencialmente el precio de estas. [ABSTRACT FROM AUTHOR]
– Name: AbstractSuppliedCopyright
  Label:
  Group: Ab
  Data: <i>Copyright of Revista ID EST: Investigación, Desarrollo, Educación, Servicio, Trabajo is the property of Fundacion de Estudios Superiores Monsenor Abraham Escudero Montoya FUNDES and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
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RecordInfo BibRecord:
  BibEntity:
    Languages:
      – Code: eng
        Text: English
    PhysicalDescription:
      Pagination:
        PageCount: 21
        StartPage: 99
    Subjects:
      – SubjectFull: Cost overruns
        Type: general
      – SubjectFull: Balance of trade
        Type: general
      – SubjectFull: Price increases
        Type: general
      – SubjectFull: Shipping companies
        Type: general
      – SubjectFull: Importers
        Type: general
    Titles:
      – TitleFull: Impact of the increase in international freight costs for Colombian importers between 2019 and 2021.
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          Name:
            NameFull: Elías López-Rodríguez, Campo
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            NameFull: Guillermo Ortega-Diéz, Iván
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            NameFull: Bejarano Guzmán, Diana María
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            NameFull: Cardona Ramírez, Ángela María
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              M: 07
              Text: jul-dic2023
              Type: published
              Y: 2023
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