Freight Transportation and The Covid-19 Outbreak: Fresh Insights from the US Economy

Yılmaz E., Beyzatlar M. A.

International Symposium on Sustainable Logistics, Mersin, Türkiye, 30 Nisan 2021, ss.21, (Özet Bildiri)

  • Yayın Türü: Bildiri / Özet Bildiri
  • Basıldığı Şehir: Mersin
  • Basıldığı Ülke: Türkiye
  • Sayfa Sayıları: ss.21
  • Manisa Celal Bayar Üniversitesi Adresli: Evet

Özet

This study performs empirical analyzes to reveal the causal relationship between freight transportation and COVID- 19 measures for the United States with monthly time-series data for the period January 2020 and April 2021. The Toda- Yamamoto approach is used in this study to reveal the causality relationship between four freight transportation and two COVID-19 variables. The empirical results indicate a unidirectional causality running from both COVID-19 cases and deaths to freight transportation services index, air freight revenues, rail freight traffic, and Cass freight index. The findings of this study clearly show that cases and deaths of COVID-19 cause freight transportation activities as determining factors. These results also emphasize that the contagion deserves much more attention from public and private transportation professionals, who are responsible for the governance and the regulation of the transportation market.

Keywords: Freight transportation, COVID-19, Toda-Yamamoto, United States