Keywords
How to Cite
Abstract
This paper attempts to evaluate efficiency for shipping industry with financial indicators. Data on the industry were obtained from Taiwan Market. It analysing the performance of the shipping line firms during the period of 2020-2023, the DEA was used to determine that achieved the highest performance in terms of the input and output variables.
This study aims to quantify the shipping industry’s operational efficiency and to provide an overview of the state of operations so that managers and entrepreneurs can enhance their performance. We use data envelopment analysis (DEA) to calculate the operating efficiency 11 shipping companies in this paper. According to the result, Yang Ming, U-Ming, and Franbo Lines are the shipping lines with the highest average productivity. These three brands will continue to have the highest average productivity in the industry. This paper can be a beneficial reference to shipping line firms for the policymakers, investors, development, and shipping line management.