Problem aspects of internal control of transportation costs in water transport enterprises

Poznanska Inna
D. Sc. (Economics), Senior Researcher, Head of the Department of Personnel Management and Labor Economics, Odessa National Economic University, Odessa, Ukraine, E-mail:poznan75@gmail.com, ORCID: https://orcid.org/0000-0001-7343-6663

Cite this article:

Poznanska I. (2025) Problem aspects of internal control of transportation costs in water transport enterprises. Ed.: V.V. Kovalenko (ed.-in-ch.) and others [Problemni aspekty vnutrishnogo kontrolju vartosti perevezen na pidpryjemstvah vodnogo transportu; za red.: V.V. Kovalenko (gol. red.)], Scientific Bulletin of the Odesa National Economic University (ISSN 2313-4569), Odesa National Economics University, Odesa, No. 2 (327), pp.19-24.

Abstract

The main objective of the study is to reveal the problems of internal control of transportation costs at water transport enterprises and to analyze the key factors that affect the cost of transportation. The study used data analysis and statistical methods to assess quantitative data on freight rates, transportation volumes and fuel costs. Sensitivity analysis was used to assess the impact of changes in individual parameters on the total cost of transportation. Comparative analysis was carried out when comparing transportation costs in different countries and regions, in order to identify the most effective practices and strategies. Factors influencing the cost of water transport were analyzed, summarized and updated. Special attention was paid to key factors that affect the formation of freight rates when determining the cost of water transport. It was proven that operating costs are a significant factor in reducing the cost of transport services. Therefore, when implementing internal control, it is worth analyzing such costs and, in order to optimize them, it is desirable for water transport enterprises to develop measures to increase the efficiency of fuel and other materials, reduce environmental, financial and other operating costs, economies of scale and automation of port operations. Improving port infrastructure also contributes to reducing transport costs of water transport enterprises. Based on the results of the analysis of international experience, the main directions of assessing the cost of water transport transportation are summarized, based on the main influencing factors, and it is proven that when implementing internal control, it is worth taking into account all factors that affect the formation of the freight rate and, accordingly, the price and cost of water transport transportation. It is substantiated that changes in the world freight market can significantly affect the cost of transportation, which requires constant internal control in order to reduce costs, risks, and form the optimal cost of transportation. The practical significance of the study lies in formulating recommendations for improving measures to control the cost of transportation of water transport enterprises.

Keywords

water transport enterprises, cost of transportation, assessment, operating costs, internal control.

JEL classification:L910; R420; F100;DOI: https://doi.org/10.32680/2409-9260-2025-2-327-19-24

UD classification:339.3.657

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