2010 · 15 citations · 0 references
ManagementBusiness EconomicsEconomicsTransportTransport PlanningTransportationFreight ManagementFreight TransportationTransport EconomicsTransport LogisticsTransportation EconomicsTransportation ModelsCost-benefit Analysis In LogisticsFreight EconomicsFreight Transport EconomicsFreight Transportation EconomicsTransport PricingTravel Time ValuationValuation Of FreightValue Of Travel Time
This report shows the results of a study concerning shippers' and transport companies' willingness to pay for faster and more reliable freight transport. This study demonstrates that this valuation can be estimated through a stated preference (SP) survey. There are however, other and perhaps greater challenges related to SP studies in the case of freight transport than in the case of personal travel. Providing recommendations on how to use the results in cost-benefit analysis, the report also points at further research needs.