VALUES OF TIME SAVINGS OF COMMERCIAL VEHICLES

VARIOUS METHODS ARE REVIEWED AND ANALYZED THAT HAVE BEEN PROPOSED FOR EVALUATING TIME SAVINGS THAT ACCRUE TO HIGHWAY VEHICLES. A COST SAVINGS APPROACH WAS DEVELOPED TO THE DETERMINATION OF VALUES OF TIME SAVINGS AND IS APPLIED TO A COMPOSITE CARGO VEHICLE, A COMPOSITE INTERCITY BUS, AND A NUMBER OF CARGO VEHICLE TYPES. THE METHODS USED TO ESTIMATE THE VALUE OF TIME SAVINGS ARE' /1/ REVENUE /NET OPERATING PROFIT/ METHOD, /2/ COST SAVINGS METHOD, /3/ COST-OF-TIME METHOD, /4/ WILLINGNESS-TO-PAY METHOD. THE REVENUE METHOD AND THE COST SAVINGS METHOD WERE STUDIED. A TABLE IS PRESENTED OF TIME SAVINGS PER HOUR FOR COMPOSITE VEHICLES BY ICC REGIONS.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/00775614
• Supplemental Notes:
  • No 33, 74 PP, 1 FIG, 64 TAB, 38 REF, 6 APP
• Authors:
  • Adkins, W G
  • Ward, A W
  • McFarland, W F
• Publication Date: 1967

Media Info

• Serial:
  • NCHRP Report
  • Issue Number: 32
  • Publisher: Transportation Research Board
  • ISSN: 0077-5614

Subject/Index Terms

• TRT Terms: Benefit cost analysis; Buses; Commercial vehicles; Freight transportation; Intercity transportation; Operating revenues; Savings; Travel time
• Subject Areas: Freight Transportation; Highways; Public Transportation; Safety and Human Factors;

Filing Info

• Accession Number: 00222684
• Record Type: Publication
• Files: TRIS, ATRI
• Created Date: Aug 23 1994 12:00AM