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Rail intermodal logistics, the movement of containerized cargo from origin to destination where a portion of the journey takes place on rail, have gained significance in North America over the past 10 to 15 years based on cost and operational efficiency. In China, however, the story has thus far...
Persistent link: https://www.econbiz.de/10012564429
Freight railway enterprises in both Europe and North America are in the process of significant restructuring, with EC policy changes dictating new ownership, organization, and cooperation arrangements in Europe and a series of major mergers having already led to highly concentrated regional...
Persistent link: https://www.econbiz.de/10013159459
This paper addresses a hub-and-spoke network problem for railroad freight, where a central planner is to find transport routes, frequency of service, length of trains to be used, and transportation volume. Hub-and-spoke networks, often found in air freight, have not been favoured by railways in...
Persistent link: https://www.econbiz.de/10012988985
Monopolists selling complementary products charge a higher price in a static equilibrium than a single multiproduct monopolist would, reducing both the industry profits and consumer surplus. However, firms could instead reach a Pareto improvement by lowering prices to the single monopolist...
Persistent link: https://www.econbiz.de/10012921249
Freight transportation by rail is one of the most important factors in the country's economic development; and, therefore, a comprehensive analysis of the business development has both scientific and practical significance. The basis for the analysis and conclusion of this type is a possibility...
Persistent link: https://www.econbiz.de/10012656190
Twenty years of debate regarding the restructuring of the Chinese freight railway have failed to yield a consensus. Early policy statements favoring the creation of above-the-rail competition over a monopoly infrastructure – the "European" model of rail restructuring – have broadened into a...
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The paper asks how the modal shift from road to rail in the freight sector is sup-ported by institutional change. Following North (1990), institutions are understood as the "rules of the game" in the rail freight sector. Based on the literature on institutional change, four different...
Persistent link: https://www.econbiz.de/10011846868