Critical factors in logistics service providers business model for electrified freight
2023 (English)Conference paper, Oral presentation with published abstract (Other academic)
Sustainable development
Climate Improvements
Abstract [en]
Purpose: A transition to electric freight will challenge current systems and business models, especially for logistics service providers (LSP). Therefore, the purpose is to increase the understanding of critical factors in business models for LSPs when adopting to electrified freight.
Design/methodology/approach: A structured interview study has been carried out, targeting LSPs about their experience and expectation on electrification. The responses were analysed through a business model lens.
Findings: Twelve factors deemed as critical were identified, covering the different components of a business model. From the analysis of critical factors, four hypotheses were developed. The hypotheses concern areas that can guide designs of future business models.
Research implications: This study identifies challenges highlighted by LSPs as relevant and combine these in critical factors to be considered when designing business model for electrified freight.
Practical implications: For many companies, business models are vital to their existence, thus the results can shed light on factors of high relevance for companies in a transport-related context.
Social implications: Large-scale adoption of electric trucks has the potential to reduce the climate impact, but it is of essence to develop sound business plans, which this study contributes to.
Original/value: This paper takes a business model approach, and builds on in-depth primary data from LSP’s experiences with regional electrified freight – a novel area in need of development.
Place, publisher, year, edition, pages
2023.
Keywords [en]
Business model, electrification, battery electric vehicles, hypotheses, LSP
National Category
Transport Systems and Logistics
Identifiers
URN: urn:nbn:se:liu:diva-198032OAI: oai:DiVA.org:liu-198032DiVA, id: diva2:1799476
Conference
NOFOMA, Helsinki, Finland, 15-16 June, 2023
2023-09-222023-09-222023-09-28Bibliographically approved