PREDICTION OF LOGISTICS DEMAND IN GUANGZHOU BASED ON GREY MARKOV MODEL
Volume 2, Issue 4, Pp 73-84, 2025
DOI: https://doi.org/10.61784/ssm3072
Author(s)
YongXin Peng, SiMei Pan*, YuJing Huang, LianHua Liu, WenChao Pan
Affiliation(s)
School of Management, Guangzhou Huashang College, Guangzhou 511300, Guangdong, China.
Corresponding Author
SiMei Pan
ABSTRACT
This paper selects the logistics data of Guangzhou from 2015 to 2019, using grey theory model and grey Markov model to forecast the logistics development data of Guangzhou from 2015 to 2019. Based on the actual data and forecast data of Guangzhou logistics from 2015 to 2019, the grey Markov model with high forecasting accuracy is selected to calculate the logistics demand of Guangzhou from 2020 to 2024, the empirical results show that there are two characteristics of logistics demand growth in Guangzhou in the future: First, the total demand of logistics industry in Guangzhou shows a continuous growth trend; Second, the structure of logistics demand in Guangzhou has changed slightly. According to the results of empirical research, this paper puts forward two countermeasures: First of all, under the background of new infrastructure, Guangzhou needs to strengthen the construction of logistics infrastructure, focusing on the development and improvement of infrastructure construction such as Internet of Things and logistics big data. Secondly, in view of the changes in the logistics demand structure in Guangzhou, we should continue to optimize the structure of the logistics industry, drain the highway logistics with higher carbon emissions, and pay attention to the development of clean, efficient and low-energy logistics methods to help achieve the goals of peak carbon dioxide emissions and carbon neutrality.
KEYWORDS
Grey prediction model; Grey Markov model; Guangzhou; Logistics demand forecast
CITE THIS PAPER
YongXin Peng, SiMei Pan, YuJing Huang, LianHua Liu, WenChao Pan. Prediction of logistics demand in Guangzhou based on grey Markov model. Social Science and Management. 2025, 2(4): 73-84. DOI: https://doi.org/10.61784/ssm3072.
REFERENCES
[1] Mao Li, Shibin Zhang. Research on Dynamic Industrial Linkage and Impact Effect of Logistics Industry. World Scientific Research Journal, 2019, 5(7).
[2] Yemisi A Bolumole, David J Closs, Frederick A Rodammer. The Economic Development Role of Regional Logistics Hubs: A Cross‐Country Study of Interorganizational Governance Models. Journal of Business Logistics, 2015, 36(2).
[3] Jin Zhang, Lizhen Chen. The Industrial Relations of Logistics Industry-Based on China’s 2010 Input-Output Table . Modern Economy, 2014, 5(12).
[4] Yongyi Su, Jin Qin, Peng Yang, et al. A Supply Chain-Logistics Super-Network Equilibrium Model for Urban Logistics Facility Network Optimization. Mathematical Problems in Engineering, 2019.
[5] Shuang Tang, Sudong Xu, Jianwen Gao. An Optimal Model based on Multifactors for Container Throughput Forecasting. KSCE Journal of Civil Engineering, 2019, 23(9).
[6] Xuelei WANG, Ying YAN, Jingping FENG, et al. Research on the Demand Forecasting Method of Sichuan Social Logistics Based on Positive Weight Combination. Canadian Social Science, 2018, 14(6).
[7] Tongjuan Liu, Songmiao Li, Shaobo Wei. Forecast and Opportunity Analysis of Cold Chain Logistics Demand of Fresh Agricultural Products under the Integration of Beijing, Tianjin and Hebei. Open Journal of Social Sciences, 2017, 5(10).
[8] Cao Zhiqiang, Yang Zheng, Liu Fang. Prediction of regional logistics demand based on support vector regression optimized by genetic algorithm. Journal of systems science, 2018, 26 (04): 79-82 + 90
[9] Dongning Yang. Logistics Demand Forecast Model for Port Import and Export in Coastal Area. Journal of Coastal Research, 2020, 103(sp1).
[10] Joanna Bruzda. Multistep quintile forecasts for supply chain and logistics operations: bootstrapping, the GARCH model and quintile regression based approaches. Central European Journal of Operations Research, 2020, 28(1).
[11] Li Xinwu, Li Guo. Research on the Driving Force of the Regional Economy to the Development of Ocean Port Shipping Based on Multiple Regression Analysis. Journal of Coastal Research, 2020, 111(sp1).
[12] Hee Kyung Kim, Chang Won Lee. Development of a Cost Forecasting Model for Air Cargo Service Delay Due to Low Visibility. Sustainability, 2019, 11(16).
[13] Javed Farhan, Ghim Ping Ong. Forecasting seasonal container throughput at international ports using SARIMA models. Maritime Economics & Logistics, 2018, 20(1).
[14] Yi Xiao, Shouyang Wang, Ming Xiao, et al. The Analysis for the Cargo Volume with Hybrid Discrete Wavelet Modeling. International Journal of Information Technology & Decision Making, 2017, 16(3).
[15] Ko Byoung-Wook, Kim Dae-Jin. Analysis of Container Shipping Market Using Multivariate Time Series Models. Journal of Korea Port Economic Association, 2019, 35(3).
[16] Hong Bing Lu, Rui Song. Forecast of Railway Freight Ton-Kilometers Based on the UBGPM-Markov Model. Advanced Materials Research, 2014, 3470.
[17] Wenjie Li, Jialing Dai, Yi Xiao, et al. Estimating waterway freight demand at Three Gorges ship lock on Yangtze River by back propagation neural network modeling. Maritime Economics & Logistics, 2020(prepublish).
[18] Magdalena I Asborno, Sarah Hernandez. Using Data from a State Travel Demand Model to Develop a Multi-Criteria Framework for Transload Facility Location Planning. Transportation Research Record, 2018, 2672(9).
[19] Snezana Tadic, Mladen Krstic, Violeta Roso, et al. Planning an Intermodal Terminal for the Sustainable Transport Networks. Sustainability, 2019, 11(15).
[20] Deng J. Introduction of grey system. Journal of Grey System 1989, 1, 1-24.
[21] Zhiwei Zhang. Research on the Carbon Emission Diving Factors and Forecasts of Logistics Industry in the Bohai Rim Economic Zone based on the Theory of Grey System. Journal of Management & Decision Sciences, 2020, 3(1).
[22] Hong Zhang, Jie Zhu, Li Zhou. Research on Logistics Demand Forecasting and Transportation Structure of Beijing Based on Grey Prediction Model. Science Journal of Applied Mathematics and Statistics, 2015, 3(3).
[23] Yan Xueqing. Research on the prediction of total freight volume in Guangdong Province based on grey prediction model. Mathematical practice and understanding, 2020, 50(14): 294-302.
[24] Rong Lu Qing. Research on the Development of Regional Waterway Freight Transport Based on Grey Prediction and Grey Correlation. Journal of Beijing Jiaotong University ( Social Science Edition ), 2018, 17(02): 109-117.
[25] Chia Nan Wang, Han Khanh Nguyen, Ruei Yuan Liao, et al. Partner Selection in Supply Chain of Vietnam’s Textile and Apparel Industry: The Application of a Hybrid DEA and GM (1, 1) Approach. Mathematical Problems in Engineering, 2017.

Download as PDF