REVENUE MANAGEMENT IN RAILROAD APPLICATIONS

This article explores common characteristics and critical differences between a variety of railroad revenue management problems. Most railroad problems tend to focus primarily on origin destination traffic management rather than overbooking or price discrimination. These problems tend to be highly network oriented, have booking arrival patterns independent of fare class value, and except for long distance passenger service, have very short booking lead times. Any of these features of railroad problems can cause difficulties for traditional airline-style, leg-based "EMSR" approaches. A bid price methodology effectively addresses many of the common core requirements of these railroad applications.

• Record URL:
  https://catalog.hathitrust.org/Record/000544443
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/10461469
• Corporate Authors:

  Transportation Research Forum

  11250-8 Roger Bacon Drive, Suite 8
  Reston, VA  United States  20190

  Transportation Research Forum

  One Farragut Square South, Suite 500
  Washington, DC  United States  20006-4003
• Authors:
  • Kraft, E R
  • Srikar, B N
  • Phillips, R L
• Publication Date: 2000

Language

• English

Media Info

• Features: Figures; References; Tables;
• Pagination: p. 157-176
• Serial:
  • Journal of the Transportation Research Forum
  • Volume: 39
  • Issue Number: 1
  • Publisher: Transportation Research Forum
  • ISSN: 1046-1469
  • Serial URL: https://trforum.org/journal-of-the-trf/
• Publication flags:

  Open Access (libre)

Subject/Index Terms

• TRT Terms: Overbooking; Pricing; Railroad traffic; Railroad transportation; Revenues
• Uncontrolled Terms: Bid price methodology; Railroad management
• Subject Areas: Administration and Management; Finance; Railroads;

Filing Info

• Accession Number: 00789430
• Record Type: Publication
• Files: TRIS
• Created Date: Mar 3 2001 12:00AM