OPTIMAL PRICING OF RAIL INTERMODAL FREIGHT: MODELS AND TESTS
This report presents the results of research into the pricing of intermodal rail-truck service in competition with over-the-road truck service. Various optimization models are developed that incorporate different assumptions regarding the mode choice behavior of shippers (using minimum logistics cost and logit formulations), intermodal costs, and trucking network structure. Test applications to a corridor are performed. The primary conclusion is that this approach holds much promise, but that an actual test on a carrier's network using data from its marketing department is necessary to assess the applicability of this approach.
- Supported in part by a grant from the U.S. Department of Transportation University Transportation Centers Program.
Farmington Hills, MI United States 48331
201 Transportation Research Building
University Park, PA United States 16802-4710
- Tsai, J F
- Morlock, E K
- Smith, T E
- Publication Date: 1994-5
- Features: Figures; References; Tables;
- Pagination: 205 p.
- TRT Terms: Applications; Commodities; Corridors; Costs; Freight traffic; Intermodal transportation; Logistics; Logits; Mathematical models; Mode choice; Optimization; Piggyback transportation; Pricing; Rail (Railroads); Tests; Traffic managers; Trucks
- Uncontrolled Terms: Models; Shippers
- Old TRIS Terms: Over-the-road services
- Subject Areas: Economics; Environment; Finance; Freight Transportation; Highways; Motor Carriers; Railroads; Research; Society; I10: Economics and Administration;
- Accession Number: 00728811
- Record Type: Publication
- Report/Paper Numbers: UPO7-1, III-9602
- Files: TRIS
- Created Date: Nov 19 1996 12:00AM