Faculty Forum highlights research on U.S. motor carrier industry
Dinesh Pai, Ph.D., assistant professor of business administration at Penn State Lehigh Valley, will be the featured speaker for the final Faculty Forum of the academic year at 12:15 p.m. on Thursday, April 22, in room 310 at the campus in Center Valley. Pai will present a discussion of his research on the United States motor carrier industry. This lecture is free and open to the public.
In his paper, the performance analysis of the U.S. motor carriers is carried out from the perspectives of a shipper and a motor carrier. Various efficiency measures are estimated using Data Envelopment Analysis with publicly available financial data on a representative sample of 21 publicly listed motor carriers.
"The first stage analysis reveals that the average efficiencies of the U.S. motor carrier have gradually increased during the study period; however, a majority of the carriers are scale inefficient, which demonstrates potential savings through benchmarking input targets," says Pai. "A second stage analysis, using ordinary least squares (OLS) regression, aimed at exploring the factors affecting efficiency of the carriers reveals that the size of carriers, asset utilization, average age of assets, operating ratio, and type of operations have a significant impact on carrier efficiencies. Labor costs do not show a significant influence on efficiency."
Dinesh Pai received a Ph.D. in supply chain management from Rutgers University in New Jersey, and an M.B.A. in marketing from Pune University, India. He previously served as an instructor at Rutgers Business School. Pai also held positions at multiple companies in Mumbai, India. At Penn State Lehigh Valley, he teaches courses in Basic Management Concepts and Business Logistics Management.
For more information, contact University Relations at 610-285-5067 or email firstname.lastname@example.org.