Abstract
This work surveys stakeholders of America’s Marine Highway to identify their perceived influence on each other’s resource allocation decision making. The value/criticality of the resource held by the stakeholder group can be indirectly measured by the influence exerted by the group on its peers and its external stakeholders. The stakeholder map visualizes how the various stakeholder groups influence each other. Survey of the US Marine Highway stakeholders reveals peers as the most dominant influence among shippers, environmental advocates, and regulators. Results suggest that only suppliers and transportation providers exhibit distinct dominance of customer-supplier influence over that of their peers. This snapshot of stakeholder relationships is a powerful tool for both businesses as well as regulators in their pursuit of shared objectives in a network-centric environment. Stakeholder relationship influence results, and their graphical illustration, contribute to understanding the underlying dynamics of a changing value advantage in the current and coming decades of shipping.
Highlights
This work surveys stakeholders of America’s Marine Highway to identify their perceived influence on each other’s resource allocation decision making
The five main groups are denoted as circles, while the influence exerted on them is shown by the arrows heading in
This study demonstrates the strength of peer influence within the various America’s Marine Highway (AMH) stakeholder groups
Summary
This work surveys stakeholders of America’s Marine Highway to identify their perceived influence on each other’s resource allocation decision making. Since the maritime transportation system provides a public good to local and national society, the priorities of the public’s stake in the AMH should be considered When it comes to such societal benefits, public policy decision-makers need to understand the best places to intervene in the system to maximize efficiency. The example illustrated by Adam Smith precisely conveys the advantages that marine transportation has over the traditional land modes, even in the domestic movement of freight. This form of coastal marine transportation is called short sea shipping or marine highways in the USA. The market for movement of goods within the contiguous USA is contestable, and the potential for competition exists from other modes
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