00803787

Component

https://doi.org/10.3141/1725-04

http://scholar.google.com...kola&publication_year=2000

In the socioeconomic evaluation of transportation investments affecting freight transport in Finland, no value of time is currently attributable to the freight itself. In order to estimate freight-specific values of time for road and rail transport, two separate studies using the same methodology were carried out. Stated preference technique--in which hypothetical choice situations between two road or rail transport alternatives were presented to transport managers in manufacturing companies in Finland--was used. Values of the attributes presented were based on the present transport in question. Level of service was characterized by three variables: transport time, transport cost, and reliability of the service (frequency and duration of unexpected delays). Personal interviews were carried out using a portable computer. The relative importance of the factors (i.e., values of transport time and delays) was derived from logit models. According to the survey, the average value of time for road transport for the selected commodity groups is about $1.5 per metric ton per hour, and the value of average delay is about $47 per metric ton per hour. For rail transport and different commodity groups, the average value of transport time is about $0.10, and the value of average delay is about $0.5 per metric ton per hour. These results stress the importance of the reliability of transport time. The values of transport time were considerably higher than those in the corresponding Swedish studies but lower than the values in several other studies.

This paper appears in Transportation Research Record No. 1725, Freight Travel Behavior, Route Choice Behavior, and Advanced Traveler Information Systems.

English

p. 26-30

2000

Transportation Research Record

0309067286

Figures (2) ; References (8) ; Tables (1)

Commodities; Costs; Delays; Freight transportation; Highway transportation; Interviewing; Level of service; Logits; Railroad transportation; Stated preferences; Travel time; Value of time

Service reliability

Finland

Finance; Freight Transportation; Highways; Planning and Forecasting; Railroads; Society; I72: Traffic and Transport Planning

TRIS, TRB, ATRI

Dec 4 2001 12:00AM

• AGGREGATE- AND DISAGGREGATE-BASED TRAVEL TIME ESTIMATIONS: COMPARISON OF APPLICATIONS TO SUSTAINABILITY ANALYSIS AND ADVANCED TRAVELER INFORMATION SYSTEMS
• ANALYSIS OF TIME ALLOCATION, DEPARTURE TIME, AND ROUTE CHOICE BEHAVIOR UNDER CONGESTION PRICING
• ANTICIPATED TRAVEL TIME, INFORMATION ACQUISITION, AND ACTUAL EXPERIENCE
• ANTICIPATORY OPTIMIZATION OF TRAFFIC CONTROL
• BICRITERION TRAFFIC EQUILIBRIUM: T2 MODEL, ALGORITHM, AND SOFTWARE OVERVIEW
• CONTENT OF VARIABLE MESSAGE SIGNS AND ON-LINE DRIVER BEHAVIOR
• FRAMEWORK FOR THE ANALYSIS OF GROCERY TELESHOPPING
• FREIGHT TRAVEL DEMAND MODELING: SYNTHESIS OF APPROACHES AND DEVELOPMENT OF A FRAMEWORK
• MODELING BEHAVIORAL ASPECTS OF URBAN FREIGHT MOVEMENT IN SUPPLY CHAINS
• MODELING INERTIA AND COMPLIANCE MECHANISMS IN ROUTE CHOICE BEHAVIOR UNDER REAL-TIME INFORMATION
• PERCEIVED VALUE OF TIME FOR TRUCK OPERATORS
• ROUTE AND SCHEDULING CHOICE UNDER TRAVEL TIME UNCERTAINTY
• ROUTE CHOICE MODEL WITH INDUCTIVE LEARNING
• TRAVELER RESPONSES TO ADVANCED TRAVELER INFORMATION SYSTEMS FOR SHOPPING TRIPS: INTERACTIVE SURVEY APPROACH
• USING GLOBAL POSITIONING SYSTEM DATA TO UNDERSTAND VARIATIONS IN PATH CHOICE