Precautionary and operative costs of freight train delays: a case study of a Swedish grocery company
There is limited knowledge about the valuation of reduced transport time variability for freight transports. This paper analyses a Swedish grocery company’s transports by shuttle train, as a case study. The distribution of the train arrival time is analyzed; it is shown that the 10 per cent worst delays contribute to more than half of the total train delays. Type and amount of the firm’s precautionary and operative costs are identified and calculated. It is shown that it is possible to get estimates for the cargo component of the VTTV (Value of Transport Time Variability) valid for the specific company based on the precautionary costs, the operative costs for delays and for the costs for cancellations separately or in combination. Further case studies are advocated in order to cover the whole freight transport market and study the differences between different segments of the market.
|Date of creation:||26 Feb 2014|
|Note:||Published in: European Transport Research Review, Vol. 7, Issue 1, March 2015.|
|Contact details of provider:|| Postal: Centrum för Transportstudier (CTS), Teknikringen 10, 100 44 Stockholm, Sweden|
Web page: http://www.cts.kth.se/
References listed on IDEAS
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- Vierth , Inge, 2012. "Vad skulle en likabehandling av transportslagen innebära för näringslivets transportval: exemplifiering för några varuslag och relationer," Working papers in Transport Economics 2012:20, CTS - Centre for Transport Studies Stockholm (KTH and VTI).
- Krüger, Niclas A. & Vierth , Inge & Fakhraei Roudsari, Farzad, 2013. "Spatial, temporal and size distribution of freight train delays: evidence from Sweden," Working papers in Transport Economics 2013:8, CTS - Centre for Transport Studies Stockholm (KTH and VTI).
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