Ways to increase the level of economic security of freight forwarding companies

Koshelok Halyna
Doctor of Economic Sciences, Professor of the Department of Economy of enterprise and Business Organization, Odesa National Economic University, Odesa, E-mail:galas2811@gmail.com, ORCID ID: https://orcid.org/0000-0003-0331-0592

Bozhko Dmytro
master's student, Faculty of Economics and Business Administration, Odesa National Economic University, Odesa, E-mail:fcap198@gmail.com, ORCID ID:

Cite this article:

Koshelok H., Bozhko D. (2024) Ways to increase the level of economic security of freight forwarding companies. Ed.: V.V. Kovalenko (ed.-in-ch.) and others [Shliakhy pidvyshchennia rivnia ekonomichnoi bezpeky transportno-ekspedytorskykh kompanii; za red.: V.V. Kovalenko (gol. red.)], Scientific Bulletin of the Odesa National Economic University (ISSN 2313-4569), Odesa National Economics University, Odesa, No. 1-2 (314-315), pp. 146-153.

Abstract

The purpose of the article is to search for and economically substantiate the ways to improve the economic security of freight forwarding companies. In the context of the integration of the world economy, the need for transport support for domestic and foreign trade, which is carried out by freight forwarding companies, is of great importance. At the same time, they realize the function of creating a transport corridor, thereby ensuring the delivery of goods and services to consumers. The article examines the theoretical aspects of the concept of economic security, its essence, considers the main components of economic security, its characteristics and indicators for further assessment, and presents the main measures to improve the level of economic security. The economic security of an enterprise is the state of the production and economic system in which there are mechanisms for preventing and minimizing the impact of threats on the activities and development of a firm. Using the example of LLC "Alphacosta Ukraine", the components of economic security are analyzed and the overall level of economic security of this enterprise is estimated. The main measure to improve economic security at " Alphacosta Ukraine" LLC by transferring the vehicle fleet to an alternative type of fuel in order to increase individual components of economic security and to increase the overall level of economic security of the freight forwarding company and to generate additional profit by reducing fuel costs is proposed. To achieve this goal, the following general scientific methods were used: abstract and logical; system analysis; analytical; tabular and grouping; expert evaluation. The practical significance of the study is to provide recommendations for freight forwarding companies1 on the implementation of these ways to improve economic security, success and competitive advantage.

Keywords

economic security, transport and forwarding companies, components of economic security, method of expert evaluations.

JEL classification: H560; DOI: https://doi.org/10.32680/2409-9260-2024-1-2-314-315-146-153

UD classification: 658.78:330.131.7

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