In the European Union (EU) and in Germany the transport sector is the only sector with increasing CO2 emissions (in the EU by about 32% and in Germany by about 1% since 1990). Especially in road freight and air transport a further strong increase is forecasted. In the transport sector this might...

Empirical evidence has been lacking to explain trade agglomerations over short distances. Starting with a novel micro-database of road freight shipments within Spain for the period 2003-2007, we break down city (municipal) trade flows into the extensive and intensive margins and assess trade...

The development and operation of major infrastructure projects have seen some extremely successful outcomes, and less-than-optimal results. Some projects have experienced significant construction delays, cost blow outs and performance failure during the operational phase. This Paper examines...

Every year, approximately 27% of all jobs in the U.S. truck transportation sector (NAICS 484) are reshuffled across motor carriers as existing carriers grow or shrink, new entrants begin operations, and existing firms exit. Studying how these dynamics unfold, especially for young carriers, is...

The International Maritime Exchange (IMAREX) is the leading regulated marketplace for trading and clearing shipping freight derivatives. We investigate for the first time whether the IMAREX freight futures market is efficient over daily and weekly horizons. To this end, we address the question...

The International Maritime Exchange (IMAREX) is the leading regulated marketplace for trading and clearing shipping freight derivatives. We investigate for the first time whether the IMAREX freight futures market is efficient over daily and weekly horizons. To this end, we address the question...

We study a joint capacity leasing and demand acceptance problem in intermodal transportation. The model features multiple sources of evolving supply and demand, and endogenizes the interplay of three levers --- forecasting, leasing, and demand acceptance. We characterize the optimal policy, and...