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Transportation Policy and Economic Regulation: Essays in Honor of Theodore Keeler addresses a number of today's important transportation policy issues, exploring a variety of transportation modes, and examining the policy implications of a number of alternatives. Theodore Keeler had a distinguished career in transportation economics, helping to shape regulatory policies concerning the transportation industries and assessing the appropriateness of various policies. A distinguishing feature of his work is that it always had policy implications. As a tribute to Theodore Keeler, this book examines transportation policy issues across a variety of transportation industries, including aviation, railroads, highways, motor carrier transport, automobiles, urban transit, and ocean shipping. The book evaluates the economic impact and effectiveness of various policies, employing empirical analyses and new estimation techniques, such as Bayesian analysis. The book is designed for transportation professionals and researchers, as well as transportation economics students, providing an in-depth analysis of some of today's important transportation policy issues. Policy changes established in the last 35-40 years have introduced profound changes in the business environment of the transportation industry. Past policy changes promoted the free market's role in setting prices and determining service availability. While 21st century policy has focused on a variety of other issues, such as safety, road and air congestion, productivity growth, labor relations and exhaust emission, many still promote the role of competition. In addition to examining various transportation policy issues in the U.S., the book explores some approaches to dealing with transportation issues in different parts of the world. Contemporary transportation policy debates have broadened from their initial focus of primarily examining the merits of reforming economic regulations at national levels, to now examining a variety of issues such as alternative methods of social regulation (such as safety regulation and emission controls), new approaches to changing economic regulations, the potential for reforming international regulations, and the appropriate role for government in transportation. - Examines transportation policy developments across a variety of modes, including some international analysis - Shows how new policy changes, such as changes in regulation, affect overall transportation system performance - Features chapters that use innovative methodologies, such as Bayesian techniques, qualitative analysis, and an attribute-incorporated Malmquist productivity index - Examines the ways that policy impacts depend on a variety of factors, and shows how economic tools can be used to gain greater insights into the likely impacts of policy and the desirability of various policies - Analyzes transport prices, quality of service, safety, the use of information technology and operating issues, highlighting how transportation enhances quality of life
Freight Transport and the Modern Economy adapts a well-known textbook by Michel Savy, revising, extending and updating it for British, European and international readers. It deals not only with the technical aspects of transport, logistics and supply chain management, but also the interactions between transport professionals and the public authorities in the modern social, political, economic and environmental context. The transport of freight is presented as a system, mixing empirics and theory, showing how transport itself functions and also its strong influence on the modern economy, with a growing volume of production, turnover and employment. The nature of freight transport, an industrial process widely marketed as a service, is analysed in depth, explaining the main characteristics of the transport operation, its market and the regulatory context. The main actors, the professional actors (carriers, shippers and other agents) and the public authorities are introduced, and their behaviour and interactions are clarified. This comprehensive approach allows the reader to go further and consider in particular the approaches and practices of transport by carriers, customers, logistics managers, political decision makers and citizens, to tackle long range issues such as the ‘decoupling’ of production and transport recommended by some institutions and experts, and to explore the need for more infrastructure, or the capacity of the freight transport industry to reduce its contribution to pollution and climate change. This book treats freight transport as a whole system in its technical, economic, social, political and environmental context, in contrast to existing transport literature focused on individual aspects, such as transportation planning (usually for cars or passengers), logistics (essentially management issues), or individual transport modes. This book is comprehensive in its treatment of freight transport and in its use of multiple disciplinary perspectives.
In an increasingly globalised world, despite reductions in costs and time, transportation has become even more important as a facilitator of economic and human interaction; this is reflected in technical advances in transportation systems, increasing interest in how transportation interacts with society and the need to provide novel approaches to understanding its impacts. This has become particularly acute with the impact that Covid-19 has had on transportation across the world, at local, national and international levels. Encyclopedia of Transportation, Seven Volume Set - containing almost 600 articles - brings a cross-cutting and integrated approach to all aspects of transportation from a variety of interdisciplinary fields including engineering, operations research, economics, geography and sociology in order to understand the changes taking place. Emphasising the interaction between these different aspects of research, it offers new solutions to modern-day problems related to transportation. Each of its nine sections is based around familiar themes, but brings together the views of experts from different disciplinary perspectives. Each section is edited by a subject expert who has commissioned articles from a range of authors representing different disciplines, different parts of the world and different social perspectives. The nine sections are structured around the following themes: Transport Modes; Freight Transport and Logistics; Transport Safety and Security; Transport Economics; Traffic Management; Transport Modelling and Data Management; Transport Policy and Planning; Transport Psychology; Sustainability and Health Issues in Transportation. Some articles provide a technical introduction to a topic whilst others provide a bridge between topics or a more future-oriented view of new research areas or challenges. The end result is a reference work that offers researchers and practitioners new approaches, new ways of thinking and novel solutions to problems. All-encompassing and expertly authored, this outstanding reference work will be essential reading for all students and researchers interested in transportation and its global impact in what is a very uncertain world. Provides a forward looking and integrated approach to transportation Updated with future technological impacts, such as self-driving vehicles, cyber-physical systems and big data analytics Includes comprehensive coverage Presents a worldwide approach, including sets of comparative studies and applications
Now in its second edition Maritime Economics provides a valuable introduction to the organisation and workings of the global shipping industry. The author outlines the economic theory as well as many of the operational practicalities involved. Extensively revised for the new edition, the book has many clear illustrations and tables. Topics covered include: * an overview of international trade * Maritime Law * economic organisation and principles * financing ships and shipping companies * market research and forecasting.
The editors as well as the authors of these essays should be commended for bringing together and discussing within this volume many of the important issues facing globalized freight movements. Robert Martin, The Professional Geographer . . . Leinbach and Capineri have produced an interesting and useful addition to the literature on this massive subject. . . Anthony Beresfore, International Journal of Maritime History Globalization is a fashionable issue. But solid research on the conditions and implications for freight transport is badly missing. This volume contains a unique set of high-quality contributions on freight transport in the age of globalization. It offers a wealth of original insights to both the research and policy-making community. Peter Nijkamp, VU University Amsterdam, The Netherlands The worldwide movement of freight has emerged as one of the most critical and dynamic aspects of the transport sector. The contributors to this study examine the current state of global freight transport, with an emphasis on Europe and North America and their extra-regional linkages. These original contributions synthesize existing knowledge, highlight new developments, problems and possible solutions, and underscore the need for further research. The book s starting point is the fact that freight transport is the main element supporting global supply and commodity chains, from the transformation of raw materials to market distribution and after-market services. However, as the authors point out, the rising costs associated with security and various other constraints, as well as the complexity of getting goods delivered, is adding to profit pressures faced by manufacturers around the globe. Despite the application of technology and increasingly efficient solutions to the movement of freight, constraint points and conditions obstructing smooth operations and sustainability have developed. These difficulties affect both the environment and economic growth. Examining the issues from four critical perspectives intermodality, e-commerce and technology, logistics, and sustainability Globalized Freight Transport captures the concern for the viability of freight systems and the ways they are impacting the global economy. This cutting-edge study will be of great interest to students and scholars of transportation, as well as to public sector policymakers and private sector managers.
Much work has been done on port governance yet little has addressed intermodal terminal governance, despite the clear similarities. This book fills that gap by establishing a governance framework for situating analysis of intermodal terminals throughout their life cycle. A version of the product life cycle theory is amended with governance theory to produce a framework covering each stage of the terminal’s life cycle, from the initial planning to the many decisions taken regarding the public/private split in funding mechanisms, ownership, selecting an operator, specifying KPIs to the operator, setting fees, earning profit, ensuring fair access to all rail service operators, and finally to reconcessioning the terminal to a new operator, managing the handover and maintaining the terminal throughout its life cycle. An institutional analysis of stakeholder relations, situated within a governance framework, illuminates these issues and enables not only conceptualisation and greater understanding of the geography of intermodal transport, but also decision-making and goal-setting by planners and policy makers. This book thus has three functions: first, as a textbook on the planning and operation of intermodal terminals; second, as a presentation of recent empirical research on intermodal terminal governance; third, as a framework for future research in which the broad field of analysis of intermodal transport can be viewed through a single lens and used to inform geographers, policymakers and planners.
'This Handbook is a stellar compilation of up-to-date knowledge about the important topics in transport economics. Authors include the very best in the field, and they cover the most important topics for today's research and policy applications. Individual chapters contain sound, readable, well referenced explanations of each topic's history and current status. I cannot think of a better place to start for anyone wanting to become current in the field or in any of its parts.' – Kenneth Small, University of California-Irvine, US Bringing together insights and perspectives from close to 70 of the world's leading experts in the field, this timely Handbook provides an up-to-date guide to the most recent and state-of-the-art advances in transport economics. The comprehensive coverage includes topics such as the relationship between transport and the spatial economy, recent advances in travel demand analysis, the external costs of transport, investment appraisal, pricing, equity issues, competition and regulation, the role of public–private partnerships and the development of policy in local bus services, rail, air and maritime transport. This Handbook is designed both for use on postgraduate and advanced undergraduate courses and as a reference for anyone working in the field. It also complements the textbook Principles of Transport Economics.
International trade has grown rapidly over the past half century, accommodated by the transportation industry through concomitant growth and technological change. But while the connection between transport and trade flows is clear, the academic literature often looks at these two issues separately. This Handbook is unique in pulling together the key insights of each field while highlighting what we know about their intersection and ideas for future research in this relatively unexamined but growing area of study.
This timely and comprehensive new Handbook brings together an unrivalled group of distinguished scholars and practitioners to provide in-depth analysis and a contemporary perspective on a wide-ranging array of topics in maritime economics. Inherently global in nature, the economics of the maritime sector has proved pivotal in facilitating globalization and international trade. This Handbook offers a unique and indispensable source of reference and information for researchers, students and practitioners interested in the relationship between these developments and maritime markets.