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http://dx.doi.org/10.7782/JKSR.2012.15.5.517

A Study on the Fare Elasticities of DST Applications; An Empirical Analysis  

Yun, Donghee (Logistics Planning Dept., Logistic HQ)
Lee, Jinsun (Department of Railroad Management, Woosong University)
Kim, Ickhee (Demand Analysis Department, KORAIL Research Institute)
Publication Information
Journal of the Korean Society for Railway / v.15, no.5, 2012 , pp. 517-523 More about this Journal
Abstract
Double Stack Train(DST) is being used variously around USA and Canada. The greatest advantage of the DST is mass transportation without extending the length of freight train and number of cars. So the DST system can be a kind of innovative train to increase the competitiveness of rail logistic business. As the domestic rail logistic increase, for enhancement of environment friendly green transportation amount, the DST needs more for efficiency. In this study, as the alternative way to introduce the DST to the Kyungbu Line, it's investigated the extensibility of rail freight with the relation of rail fare discount and examined the necessity of pilot business to the Kyungjeon Line which was expected comparatively lower cost. If the DST system is introduced to the Kyungjeon Line, the cost of mass transportation can be much lower and then the comparativeness of rail transportation will be increased, therefore logistic companies can have some margin additionally. In the result of survey to the related companies, if rail transportation fare is 37.7 % cheaper than current road transportation fare, the modal shift can be transferred by maximum 100%.
Keywords
Double Stack Train(DST); Demand; Fare Elasticity; Conversed Curve;
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