{"title":"Railway pricing for automobile transport based on discrete choice model and cost accounting","authors":"Jiaqi Shen , Hao Liu , Rong Zhang","doi":"10.1016/j.rtbm.2025.101295","DOIUrl":null,"url":null,"abstract":"<div><div>Stimulating the modal shift from road to railway of automobile transport facilitates the construction of a low-carbon freight system. This paper investigates the pricing problem of railway operators for automobile transport from the Yangtze River Delta region to the seven regions of China, taking into account the choice behaviour of shippers, the profit objectives of railway operators, and the modal shift targets of the government. Moreover, the monopoly railway operator's cost of automobile transport is calculated. The results show that the profits of railway operators are affected by their costs and road competition. The mixed logit model considering the interaction effect has a better model fit. With the increased distance, the value of time in automobile transport decreases. When railway operators of automobile transport seek to maximise profits, the optimal pricing from the Yangtze River Delta to the seven regions is different in China. To achieve the government's targets of modal shift and unchanged railway operator profit, the government can reduce rail access charges, and the required reduction varies from region to region. This study aims to help railway operators of automobile transport with pricing and to provide analytical tools for government policy making.</div></div>","PeriodicalId":47453,"journal":{"name":"Research in Transportation Business and Management","volume":"59 ","pages":"Article 101295"},"PeriodicalIF":4.1000,"publicationDate":"2025-01-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Research in Transportation Business and Management","FirstCategoryId":"5","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2210539525000100","RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0
Abstract
Stimulating the modal shift from road to railway of automobile transport facilitates the construction of a low-carbon freight system. This paper investigates the pricing problem of railway operators for automobile transport from the Yangtze River Delta region to the seven regions of China, taking into account the choice behaviour of shippers, the profit objectives of railway operators, and the modal shift targets of the government. Moreover, the monopoly railway operator's cost of automobile transport is calculated. The results show that the profits of railway operators are affected by their costs and road competition. The mixed logit model considering the interaction effect has a better model fit. With the increased distance, the value of time in automobile transport decreases. When railway operators of automobile transport seek to maximise profits, the optimal pricing from the Yangtze River Delta to the seven regions is different in China. To achieve the government's targets of modal shift and unchanged railway operator profit, the government can reduce rail access charges, and the required reduction varies from region to region. This study aims to help railway operators of automobile transport with pricing and to provide analytical tools for government policy making.
期刊介绍:
Research in Transportation Business & Management (RTBM) will publish research on international aspects of transport management such as business strategy, communication, sustainability, finance, human resource management, law, logistics, marketing, franchising, privatisation and commercialisation. Research in Transportation Business & Management welcomes proposals for themed volumes from scholars in management, in relation to all modes of transport. Issues should be cross-disciplinary for one mode or single-disciplinary for all modes. We are keen to receive proposals that combine and integrate theories and concepts that are taken from or can be traced to origins in different disciplines or lessons learned from different modes and approaches to the topic. By facilitating the development of interdisciplinary or intermodal concepts, theories and ideas, and by synthesizing these for the journal''s audience, we seek to contribute to both scholarly advancement of knowledge and the state of managerial practice. Potential volume themes include: -Sustainability and Transportation Management- Transport Management and the Reduction of Transport''s Carbon Footprint- Marketing Transport/Branding Transportation- Benchmarking, Performance Measurement and Best Practices in Transport Operations- Franchising, Concessions and Alternate Governance Mechanisms for Transport Organisations- Logistics and the Integration of Transportation into Freight Supply Chains- Risk Management (or Asset Management or Transportation Finance or ...): Lessons from Multiple Modes- Engaging the Stakeholder in Transportation Governance- Reliability in the Freight Sector