Value of freight time variability reductions: results from a pilot study performed on behalf of the Swedish Transport Administration
Unreliable rail transports are the main contributor to the transport time variability. The Swedish Transport Administration registered around 40 000 delay hours in 2012, which corresponds roughly to 20 million tonne-delay-hours, given that 500 tonnes per train is assumed to be the average load. This figure is 10 times higher than the corresponding figure for road transports. Information about the reliability of the rail transports and how different policy measures influence i.e. the number and length of delays and or the risks for delays has been limited. The former has been improved in recent years but the latter is still a problem. The lack of underlying data is one reason why the recommended Value of reduced transport time variability (VTTV) have only been applied in a few rail infrastructure projects. Nevertheless, the industry complains about the extensive problems caused by train delays or cancellations and that the reduction of these problems is not taken into account in a proper way in the cost benefit analyses (CBA). Another question that is debated is how much more high value products would be transported by rail if the rail transports would be more reliable. The value of the outgoing goods transported by road (SEK 9.5 per kg) is about three times the value of the outgoing goods transported by rail or rail in combination with other modes (SEK 3.7 per kg). The Transport Administration are aware of the shortcomings and has among others funded this pilot study that studies different approaches to calculate the VTTV for the cargo transported. The following parts were carried out in the pilot study: • Part One presents the Stated preference studies (SP-studies) to calculate VTTS (Value of Transport Time Savings) and VTTV that have been carried out recently in The Netherlands and Norway. Part One also discusses to what extent the VTTV calculated in the Dutch and Norwegian SP-studies can be transferred to Sweden. It is shown that the VTTV calculated in the Dutch and Norwegian SP-studies in principle can be transferred to Sweden. However, empirical studies that are adjust with respect to the commodity mix, the transport distances, level of congestion etc. in Sweden are needed. • In Part Two three alternative approaches to calculate VTTV for Swedish rail freight transports are demonstrated, that to the best of our knowledge have not been implemented before o Precautionary costs approach, o COOP case study, o Stock market approach. The report includes a table that summarizes VTTV for goods carried by rail, calculated using the different approaches.
- Record URL:
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Authors:
- Krüger, Niclas
- Vierth, Inge
- Jong, Gerard de
- Halse, Askill
- Killi, Marit
- Publication Date: 2013
Language
- English
Media Info
- Pagination: 30
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Serial:
- VTI NOTAT
- Issue Number: 39A-2013
- Publisher: Swedish National Road and Transport Research Institute (VTI)
Subject/Index Terms
- TRT Terms: Calculation; Costs; Freight transportation; Mathematical models; Stated preferences; Traffic delays; Travel time; Value engineering
- ITRD Terms: 6464: Calculation; 224: Cost; 9010: Delay; 1112: Freight transport; 697: Journey time; 6473: Mathematical model; 6587: Stated preference; 248: Value analysis
- Subject Areas: Finance; Freight Transportation; I10: Economics and Administration; I72: Traffic and Transport Planning;
Filing Info
- Accession Number: 01558053
- Record Type: Publication
- Source Agency: Swedish National Road and Transport Research Institute (VTI)
- Files: ITRD, VTI
- Created Date: Mar 27 2015 12:05PM