Logistics plays a vital role in sustaining business competitiveness by enhancing customer satisfaction and reducing costs through process efficiency improvements. It serves as a critical link between internal business functions and external partners—both upstream (suppliers) and downstream (distributors/customers) to achieve synergistic outcomes within operational constraints. As businesses expand globally, they are increasingly challenged to balance customer service excellence with the growing complexity of logistics networks. Globalization forces enterprises to navigate trade-offs between responsiveness and operational efficiency, often under tight timelines and resource limitations. In today’s era of globalized business operations, logistics systems face numerous uncertainties and disruptions. Serious transportation accidents and natural disasters are reported worldwide on an almost monthly basis, highlighting the vulnerability of these systems. Consequently, the development of effective and efficient risk management strategies has become a top priority for logistics professionals. This paper provides a concise exploration of risk management in logistics systems across several key areas: disruption risk management, operational risk control, disaster and emergency response, and logistics service risk analysis. Additionally, it reviews the contributions of the papers featured in this special issue. The paper concludes by proposing a range of future research directions aimed at enhancing risk management practices in logistics systems. The article also provides an econometric assessment of the dependence of freight transportation on the volume of investment in fixed capital. Understanding the elasticity between investments in fixed capital and cargo transportation volumes provides important insights for risk management in the transport and logistics sector.

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Managing Possible Risks in the Field of Transport and Logistics

  • Aygun Aliyeva,
  • Sayyad Agayev

摘要

Logistics plays a vital role in sustaining business competitiveness by enhancing customer satisfaction and reducing costs through process efficiency improvements. It serves as a critical link between internal business functions and external partners—both upstream (suppliers) and downstream (distributors/customers) to achieve synergistic outcomes within operational constraints. As businesses expand globally, they are increasingly challenged to balance customer service excellence with the growing complexity of logistics networks. Globalization forces enterprises to navigate trade-offs between responsiveness and operational efficiency, often under tight timelines and resource limitations. In today’s era of globalized business operations, logistics systems face numerous uncertainties and disruptions. Serious transportation accidents and natural disasters are reported worldwide on an almost monthly basis, highlighting the vulnerability of these systems. Consequently, the development of effective and efficient risk management strategies has become a top priority for logistics professionals. This paper provides a concise exploration of risk management in logistics systems across several key areas: disruption risk management, operational risk control, disaster and emergency response, and logistics service risk analysis. Additionally, it reviews the contributions of the papers featured in this special issue. The paper concludes by proposing a range of future research directions aimed at enhancing risk management practices in logistics systems. The article also provides an econometric assessment of the dependence of freight transportation on the volume of investment in fixed capital. Understanding the elasticity between investments in fixed capital and cargo transportation volumes provides important insights for risk management in the transport and logistics sector.