Improved Decisions for Ocean FreightsAnalysis

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ANALYSIS & FINDINGS

ANALYSIS

Learning Outcome


No clear relationship between shipper country and utilization rate


UtilizationRatesByShipperCountry.png

We see from the graph on the left that shipments originating from Chile, Singapore and the United States have the lowest utilization rates. However, we see from the graph on the right that shipments originating from Fiji, Italy and Estonia have the lowest utilization rates. As such, we are unable to see a clear relationship between the shipper country and utilization rates.


No clear relationship between consignee country and utilization rate


UtilizationRatesByConsigneeCountry.png

With the same X-axis and Y-axis, that is Consignee Country and Average Percentage Utilization, we realise that are no similar trends between the 2 graphs of different industries (auto industry and engineering industry).

From the 2 graphs, we have come to the conclusion that neither shipper country nor consignee country have a big impact on the utilization rates.