THE VALUE OF COMMERCIAL VEHICLE TIME SAVINGS FOR THE EVALUATION OF HIGHWAY INVESTMENTS: A RESOURCE SAVING APPROACH

There is substantial literature on valuing time savings for auto drivers and transit users, but surprisingly few studies of the value of commercial vehicle time savings (VCVTS). There are various approaches to estimating VCVTS. The authors use a resource saving approach: categories and levels of various truck cost components are identified which vary with time. These resources produce output valued by consumers, i.e., time savings result in increased output which is expressed in consumer prices (gross of profit margins and taxes). If companies cannot make any use of time savings, a minimum VCVTS is calculated. This is limited to personal time savings or delays to the drivers, a fraction of the wage. These maximum and minimum VCVTS are calculated for a number of truck sizes and for some smaller vehicles.

• Record URL:
  https://catalog.hathitrust.org/Record/001070572/Home
• 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
• Authors:
  • Waters, W G
  • Wong, C
  • MEGALE, K
• Publication Date: 1995

Language

• English

Media Info

• Features: Figures; References; Tables;
• Pagination: p. 97-113
• Serial:
  • Journal of the Transportation Research Forum
  • Volume: 35
  • 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: Commercial vehicles; Costs; Output; Productivity; Trucks
• Uncontrolled Terms: Cost models; Time savings
• Subject Areas: Finance; Highways; Motor Carriers; Operations and Traffic Management; I71: Traffic Theory;

Filing Info

• Accession Number: 00712573
• Record Type: Publication
• Files: TRIS
• Created Date: Oct 12 1995 12:00AM