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Shared Value Potential of Transporting Cargo via Hyperloop

Author

Listed:
  • Werner, Max

    (Helmut Schmidt University, Hamburg)

  • Eißing, Klaus

    (Olympus AG)

  • Langton, Sebastian

    (GUS Group)

Abstract

This research estimates the shared value created by constructing a hypothetical Hyperloop to transport cargo along 300 km in Northern Germany. Following Porter-Kramer (2011), we identified and evaluated eight factors that create shared value: travel speed, operating costs, safety, noise pollution, air pollution, climate effect/carbon footprint, separation effect/ property efficiency, and maintenance. Using official data compiled by several German institutes and organizations, we conducted comparative analysis to quantify and compare the abovementioned factors for Hyperloop and over-the-road cargo transport in Germany. Then, we monetized the individual and collective benefits of the shared value created by Hyperloop replacing a significant share of cargo transported by truck. Our findings indicate that the hypothetical Hyperloop project in Northern Germany would create €660 to €900 million of shared value annually. Our research method establishes a framework for assessing future transportation projects like Hyperloop, and our findings can be generalized to industrialized nations beyond Germany.

Suggested Citation

  • Werner, Max & Eißing, Klaus & Langton, Sebastian, 2016. "Shared Value Potential of Transporting Cargo via Hyperloop," Working Paper 166/2016, Helmut Schmidt University, Hamburg.
    • Handle: RePEc:ris:vhsuwp:2016_166
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    Citations

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    Cited by:

    1. Lambros Mitropoulos & Annie Kortsari & Alexandros Koliatos & Georgia Ayfantopoulou, 2021. "The Hyperloop System and Stakeholders: A Review and Future Directions," Sustainability, MDPI, vol. 13(15), pages 1-28, July.
    2. Aniket Hirde & Amaiya Khardenavis & Rangan Banerjee & Manaswita Bose & V. S. S. Pavan Kumar Hari, 2023. "Energy and emissions analysis of the hyperloop transportation system," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(8), pages 8165-8196, August.
    3. Oliver Kunze & Fabian Frommer, 2021. "The Matrix vs. The Fifth Element—Assessing Future Scenarios of Urban Transport from a Sustainability Perspective," Sustainability, MDPI, vol. 13(6), pages 1-19, March.

    More about this item

    Keywords

    Transportation; Technology; Innovation; Logistic; Shared Value; Cargo transportation;
    All these keywords.

    JEL classification:

    • L99 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Other
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • R49 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Other

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