Download or read book Capacity Allocation in Vertically Integrated Rail Systems written by Ahmadreza Talebian and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a game-theoretic bargaining approach to allocating rail line capacity in vertically integrated systems. A passenger rail agency negotiates with the host freight railroad to determine train schedules and the associated payment. The objective on the passenger side is to maximize utility, i.e., revenue minus costs of passenger train operations, passenger schedule delay and en-route delay; the freight side minimizes the costs of train departure delay, en-route delay, loss of demand, and track maintenance. Bargaining in both complete and incomplete information settings are considered; the latter arises because the freight railroad may withhold its private cost information. With complete information, we find that the equilibrium payments proposed by the passenger rail agency and the host freight railroad will each be invariant to who initiates the payment bargaining, although the actual payment does depend on who is the initiator. The equilibrium schedule maximizes system welfare. With incomplete information, the passenger rail agency may choose between pooling and separating equilibrium strategies while proposing a payment, depending on its prior belief about the cost type of the freight railroad; whereas the host freight railroad will adopt strategies that do not reveal its cost type. To identify equilibrium schedules, a pooling equilibrium is constructed along with conditions for the existence of equilibrium schedules. We further conduct numerical experiments to obtain additional policy-relevant insights.

Download or read book Methods for Capacity Allocation in Deregulated Railway Markets written by Abderrahman Ait Ali and published by Linköping University Electronic Press. This book was released on 2020-10-01 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Faced with increasing challenges, railways around Europe have recently undergone major reforms aiming to improve the efficiency and competitiveness of the railway sector. New market structures such as vertical separation, deregulation and open access can allow for reduced public expenditures, increased market competition, and more efficient railway systems. However, these structures have introduced new challenges for managing infrastructure and operations. Railway capacity allocation, previously internally performed within monopolistic national companies, are now conferred to an infrastructure manager. The manager is responsible for transparent and efficient allocation of available capacity to the different (often competing) licensed railway undertakings. This thesis aims at developing a number of methods that can help allocate capacity in a deregulated (vertically separated) railway market. It focuses on efficiency in terms of social welfare, and transparency in terms of clarity and fairness. The work is concerned with successive allocation of capacity for publicly controlled and commercial traffic within a segmented railway market. The contributions include cost benefit analysis methods that allow public transport authorities to assess the social welfare of their traffic, and create efficient schedules. The thesis also describes a market-based transparent capacity allocation where infrastructure managers price commercial train paths to solve capacity conflicts with publicly controlled traffic. Additionally, solution methods are developed to help estimate passenger demand, which is a necessary input both for resolving conflicts, and for creating efficient timetables. Future capacity allocation in deregulated markets may include solution methods from this thesis. However, further experimentations are still required to address concerns such as data, legislation and acceptability. Moreover, future works can include prototyping and pilot projects on the proposed solutions, and investigating legal and digitalisation strategies to facilitate the implementation of such solutions. Med ökande utmaningar har järnvägar runt om i Europa genomgått stora reformer som syftar till att förbättra järnvägssektorns effektivitet och konkurrenskraft. Nya marknadsstrukturer såsom vertikal separering, avreglering och öppet tillträde för flera operatörer kan möjliggöra minskade offentliga kostnader, ökad marknadskonkurrens och effektivare järnvägssystem. Denna omreglering av järnvägsmarknaderna har dock skapat nya utmaningar för hanteringen av järnvägsinfrastruktur och drift. Tilldelning av järnvägskapacitet, vilket tidigare sköttes inom nationella monopolföretag, måste nu göras av en infrastrukturförvaltare (infrastructure manager). Förvaltarens kapacitetstilldelning till olika (ofta konkurrerande) licensierade järnvägsföretag (railway undertakings) måste samtidigt vara transparent, rättvis och leda till ett effektivt kapacitetsutnyttjande. I denna avhandling utvecklas metoder som kan användas av en infrastrukturförvaltare för att tilldela kapacitet i en avreglerad järnvägsmarknad. Den fokuserar på samhällsekonomiskt effektiva utfall men även transparens, tydlighet och rättvisa. Avhandlingens bidrag omfattar samhällsekonomiska analysmetoder som gör det möjligt för regionala kollektivtrafikmyndigheter att bedöma den samhällsekonomiska effektiviteten för deras trafikering och skapa ett effektivt utbud. Med dessa metoder som utgångspunkt beskrivs en marknadsbaserad och transparent tilldelningsprocess för kapacitet där infrastrukturförvaltare prissätter kommersiella tåglägen för att lösa kapacitetskonflikter med offentligt kontrollerad trafik. Dessutom utvecklas optimeringsmetoder för att estimera passagerarefterfrågan och för att skapa effektiva tågtidtabeller. Framtida kapacitetstilldelning på avreglerade marknader kan inkludera lösningsmetoder från denna avhandling. Ytterligare experiment krävs dock fortfarande för att hantera problem såsom data, lagstiftning och godtagbarhet. Dessutom kan framtida arbete omfatta prototyper och pilotprojekt av de föreslagna lösningarna och undersöka lagliga och digitaliseringsstrategier för att underlätta implementeringen av sådana lösningar.

Download or read book Analysis of Capacity Pricing and Allocation Mechanisms in Shared Railway Systems written by Maite Peña Alcaraz and published by . This book was released on 2015 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last 15 years, the use of rail infrastructure by different train operating companies (shared railway system) has been proposed as a way to improve infrastructure utilization and to increase efficiency in the railway industry. Shared use requires coordination between the infrastructure manager and multiple train operators. Such coordination requires capacity planning mechanisms that determine which trains can access the infrastructure at each time, capacity allocation, and the access charges they have to pay, capacity pricing. The objective of this thesis is to contribute to the field of shared railway systems coordination by 1) developing a framework to analyze the performance of shared railway systems under alternative capacity pricing and allocation mechanisms, and 2) using this framework to understand the implications of representative capacity pricing and allocation mechanisms in representative shared railway systems. There are strong interactions between capacity planning and infrastructure operations in the railway industry; the operations on the infrastructure determine the available capacity in the system. As a consequence, the framework developed in this thesis to evaluate the performance of shared railway systems under alternative capacity pricing and allocation consists of two models: 1) a train operator model and 2) an infrastructure manager model. The train operator model is a financial model that anticipates how train operators would respond to the capacity pricing and allocation mechanisms and determine their demand for infrastructure use. The infrastructure manager model is a network optimization model that determines the optimal train timetable (infrastructure manager's decisions) that accommodates the train operators' demands for scheduling trains, considering the topology of the system, safety constraints, and other technical aspects of the infrastructure for shared railway systems. To be able to solve the train timetabling optimization problem in meaningful instances, this thesis develops a novel approximate dynamic programming algorithm based on linear programming that extends previous algorithms proposed in the literature to effectively solve large network optimization problems. This thesis then uses the train operator model to compare the operational decisions of train operators in shared railway systems with the operational decisions of even-handed integrated railway companies. We show that train operators in shared railway system access charges reflect variable infrastructure manager's costs to operate trains on the infrastructure. We also identify two cases in which the train operators may have incentives to deviate from the integrated railway systems' operational decisions: 1) when the infrastructure manager needs to recover part of the infrastructure management fixed costs, or 2) when the railway system is congested. This motivates the choice of the two case studies of this thesis, one based on the Central Corridor in Tanzania, and the other one based on the Northeast Corridor in the US. We then show how to use the framework proposed in this thesis to analyze the trade-offs associated with the use of alternative mechanisms in these two cases. To our knowledge, this is the first effort to compare alternative mechanisms to price and allocate capacity in the same shared railway system. The results of this thesis show that there are important trade-offs associated with each mechanism and none of them is superior to the other on all dimensions. We thus recommend that system stakeholders carefully analyze the implications of alternative capacity pricing and allocation mechanisms before locking the system into one of them. This is particularly important today since several countries are currently restructuring their railway sector to allow shared use. We claim that the improved understanding of the system performance gained with the framework proposed in this thesis is important to be able to design adequate capacity pricing and allocation mechanisms that can mitigate the coordination problems of shared railway systems while maintaining the benefits of shared infrastructure in the railway industry.

Download or read book U S Freight Rail Economics and Policy written by Jeffrey T. Macher and published by Routledge. This book was released on 2019-04-25 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The passage of the Staggers Rail Act in 1980 led brought a renaissance to the freight rail industry. In the decade following, economists documented the effects of the Act on a variety of important economic metrics including prices, costs, and productivity. Over the preceding years, and with the return of the industry to more stable footing, attention to the industry by economists faded. The lack of attention, however, has not been due to a dearth of ongoing economic and policy issues that continue to confront the industry. In this volume, we begin to rectify this inattention. Rather than retread older analyses or provide yet another look at the consequences of Staggers, we assemble a collection of ten chapters in four sections that collectively provide fresh and up-to-date analyses of the economic issues and policy challenges the industry faces: the first section sets the context through foundational discussion of freight rail; the second section highlights the role of freight rail in an increasingly interrelated economy; the third section examines industry structure and scope in freight rail; and the fourth section assesses current regulatory challenges that confront freight rail. This book will be of great value to researchers, academics, policymakers, and students interested in the fields of freight rail economics and policy, transportation, business history, and regulatory economics.

Download or read book Recast of the first rail freight package written by Great Britain: Parliament: House of Lords: European Union Committee and published by The Stationery Office. This book was released on 2009-06-02 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2001, the Council of Ministers and the European Parliament adopted the so-called First Railway Package. Comprising three Directives, this was intended to open up the rail freight market to competition and help to improve rail's share of the overall freight market. In 2006, however, the Commission published a report concluding that the implementation of the Package was inadequate and has committed itself to recasting the Package. In this report, 'Recast of the First Rail Freight Package (HL Paper 90-I)', the Committee looks at which elements of the Package need amending and which need clarification.

Download or read book Rail Infrastructure Pricing written by Peter Kain and published by . This book was released on 2003 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Railway Reform Regulation of Freight Transport Markets written by European Conference of Ministers of Transport and published by OECD Publishing. This book was released on 2001-01-25 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the form regulation should take in rail freight markets to promote efficiency in railways and the wider economy.

Download or read book International Encyclopedia of Transportation written by and published by Elsevier. This book was released on 2021-05-13 with total page 4418 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Download or read book ECMT Annual Report 2002 written by European Conference of Ministers of Transport and published by OECD Publishing. This book was released on 2003-03-17 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: This brochure describes the activities of the European Conference of Ministers of Transport (ECMT) during 2002. It also sets out the Resolutions approved by the Council of Ministers of Transport and presents the highlights of the year.

Download or read book Railway Capacity Allocation written by Abderrahman Ait Ali and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Refining Regulatory Regimes written by David Coen and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: With regulation seeking to foster competition at the same time as also having to protect essential services, the authors investigate regulatory styles, costs of new regulatory functions and how firms in the new regulatory landscape access and influence regulatory authorities. The authors consider how EU pressures may hinder or help the functioning of new regulatory markets and the establishment of business-regulator relationships, as well as the broader policy implications for these new regulatory environments. The book also determines how regulatory authorities emerge and evolve under different state traditions and assesses, over time, the degree to which there is potential for convergence, divergence and continued differences as regulatory functions mature.

Download or read book Guidebook for Implementing Passenger Rail Service on Shared Passenger and Freight Corridors written by Alan J. Bing and published by Transportation Research Board. This book was released on 2010 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Guidebook will aid states in developing public-private partnerships with private freight railroads to permit operation of passenger services over shared-use rail corridors. The Guidebook should encourage the broad acceptance of improved principles, processes, and methods to support agreements on access, allocation of operation and maintenance costs, capacity allocation, operational issues, future responsibilities for infrastructure improvements, and other fundamental issues that will affect the ultimate success of shared-use passenger and freight agreements between public and private railroad stakeholders.

Download or read book Fostering the Development of Greenfield Mining Related Transport Infrastructure Through Project Financing written by Public Private Infrastructure Advisory Facility and published by World Bank Publications. This book was released on 2013 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: The new PPIAF-IFC technical guidebook, Fostering the Development of Greenfield Mining-Related Transport Infrastructure, focuses on Greenfield transport infrastructure (rail and port) used to support mining operations through public-private partnership schemes. The publication covers financing issues and provides recommendation for governments and private-sector participants, specifically in the context of Sub-Saharan Africa and similar regions.

Download or read book ITF Round Tables Integration and Competition between Transport and Logistics Businesses written by International Transport Forum and published by OECD Publishing. This book was released on 2010-02-26 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This International Transport Forum Round Table identifies critical competition issues and appropriate regulatory responses. In particular it examines whether very large multinational transport and logistics firms escape regulatory oversight because of their sheer scale.

Download or read book The Routledge Companion to Network Industries written by Matthias Finger and published by Routledge. This book was released on 2015-11-19 with total page 445 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, network industries around the world have gone through periods of de- and re-regulation. With vast amounts of sometimes conflicting research carried out into specific network industries, the time has come for a critical over-arching assessment of this entire industry in order to provide a platform of understanding to aid future research and practice. This comprehensive resource provides an orientation for academics, policy makers and managers as to the main economic, regulatory and commercial challenges in the network industries. The book is split into sections covering market, policy, regulation, management perspectives, whilst all of the key network industries are covered, including energy, transport, water and telecommunications. Overseen by world-class Editors and experts in the field, this inter-disciplinary resource is essential reading for students and researchers in international business, industrial economics and the industries.

Download or read book The Urban Rail Development Handbook written by Daniel Pulido and published by World Bank Publications. This book was released on 2018-09-11 with total page 794 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cities across the globe are looking to develop affordable, environmentally friendly, and socially responsible transportation solutions that can meet the accessibility needs of expanding metropolitan populations and support future economic and urban development. When appropriately planned and properly implemented as part of a larger public transportation network, urban rail systems can provide rapid mobility and vital access to city centers from surrounding districts. High-performing urban rail services, when carefully approached as development projects, can help enhance quality of life by giving citizens access to employment opportunities, essential services, urban amenities, and neighboring communities. The purpose of this Handbook is to synthesize and disseminate knowledge to inform the planning, implementation, and operations of urban rail projects with a view towards: -- Emphasizing the need for early studies and project planning; -- Making projects more sustainable (economically, socially, and environmentally); -- Improving socioeconomic returns and access to opportunities for users; -- Maximizing the value of private participation, where appropriate; and -- Building capacity within project implementing and managing institutions This Handbook provides experiential advice to tackle the technical, institutional, and financial challenges faced by decision makers considering urban rail projects. It brings together the expertise of World Bank staff and the input of numerous specialists to synthesize international 'good practices' and recommendations that are independent of commercial, financial political, or other interests. The material presented is intended as an honest-broker guide to maximize the impact and manage the challenges of urban rail systems in cities in both developed and developing countries. Rather than identify a single approach, this Handbook acknowledges the complexities and context necessary when approaching an urban rail development by helping to prepare decision makers to ask the right questions, consider the key issues, perform the necessary studies, apply adequate tools, and learn from international good practice all at the right time in the project development process.

Download or read book Railway Reform and Charges for the Use of Infrastructure written by European Conference of Ministers of Transport and published by OECD Publishing. This book was released on 2005-11-16 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains how barriers to growth in rail freight transport across Europe can be overcome. It recommends a simple set of charges that create incentives for management and planning of train operations across national borders.