• Proceedings of the KSR Conference
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• 2011.05a
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• pp.505-510
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• 2011

The railroad freight transport has great merits that can transport mass and specific items(dangerous goods), but it takes a long time because of low accessibility to the logistics facility and the complex process of loading freight in middle station. This paper analyzed volumes and characters of each railroad freight item, and was carried out the effect of applying E&S system to Gyeongbu line containers to find the method of reducing transport time and effective container transportation. As a result of Cost-Effectiveness analysis, the block train(B/T) is reducing transport time more about 1~2 hours. The road congestion cost is saving about 2.2 billion won. And due to skipping work of organizing train, personnel and equipment expenses savings expected about 9 billion won. It is expected that the E&S system enhances the container transport service and has an effect positive influence on making a efficient method of transport. But It is necessary to estimate pre-feasibility of applying E&S system that the standard of estimating cost and benefit is required further examination.

• East Asian Journal of Business Economics (EAJBE)
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• v.10 no.4
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• pp.47-54
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• 2022

Purpose - In today's era of carbon neutrality, railways need to find ways to improve usability and efficiency. Accordingly, this study examines the effect of introducing express highspeed railways into the Korean public transportation system and suggests some practical guidelines. One concern in the Korea railway sector is that low scheduled speeds contrast with the highspeed railway system design. Research design, data, and methodology - Current literature and foreign cases are analyzed. Subsequently, using data from the Korean Railroad Research Institute, a benefit analysis is conducted based on expanded track capacity and the saving of time owing to the introduction of the express highspeed railway. Result - The express highspeed railway system is expected to increase the number of train lines from 262 to 348 and the scheduled speed from 168.3km/h to 192.2km/h. Considering reduced time value, the economic effect is about 80 million won per year. Conclusion - The findings suggest that the express highspeed railway is a promising option to improve efficiency and increase customer utility. This study contributes to the literature by initiating a discussion on the express system in Korea; practically, it offers railway operators guidelines for improving highspeed railway system efficiency that can be transformed into a variety of marketing options.

• Proceedings of the KSR Conference
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• 2006.11b
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• pp.1575-1580
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• 2006

High speed and large transfer capability of railroad has been an important issue in Korean since KTX opening at 2004. Improvement projects for railway electrification are progressed in the conventional line as well as high speed line because various operation plan is performed such as interaction between high speed line and conventional line and operation of tilting train etc. Especially, railway electrification has many advantages which are cost effective and eco-friendly. But it also has some problems such as construction costs and accidents due to electrification. Therefore this paper developed measuring index of electrification railway benefit. By comparing between diesel and electrical locomotive, the operations of before and after the electrification and measurements quantitative index such as energy efficiency, enlargement of transfer capability, environmental pollution and maintenance and efficiency of operation is presented. In the future, Overall benefit and cost of railway electrification will be analyzed.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.31 no.6D
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• pp.771-778
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• 2011

Preliminary feasibility study on Busan metro line #1 in Yangsan line (Nopo-Bukjeong) depending on active volume of mass transportation between Yangsan city and Busan city was conducted. As the study concluded that it's valid, the necessity to establish the metro railroad network connecting to Busan, Ulsan and Gyeongnam Province is demanded to improve the transportation issues in Ungsang area vulnerable to metro service and to drive the balanced development between metropolitan cities. In addition, the volume of transportation depending on methods in target areas and road traffic assignment are surveyed to put a stress on the necessity to establish the metro railroad network. As the demand of transportation for alternative lines is predicted, the budget and benefits for construction for each alternative line set for the rough economic analysis depending on traffic volume for each method and traffic assignment results. The total project budget necessary for construction of proposal line #1 set as effective one among target three lines in this project is calculated in 794.32 billion won. Construction accounts for the most expensive in expenses for project and contingency allowances, purchases for vehicles and collateral expense are followed in orders. However, compensation for lands is not counted. In particular, according to economic analysis in proposal #1, ratio of benefit/cost (B/C) is 0.584, net present value (NPV) is -217.47 billion won, the internal rate of return (IRR) is analyzed in 0.604 %. At the current stage, it is not economically feasible, but the B/C is 0.737 in long-term upon construction of Yangsan line between Wolpheong and Yongdang which is proposal line #3. Therefore, when Busan metro basic plan is reorganized to aim the benefit of residents in Ungsang area vulnerable to the metro service, we think it must be necessary to establish the metro railroad network connecting to Busan-Yangsan-Ulsan which is proposal line #2 by extending the existing Sinjeong line and including this task line in high-ranked plan related to metro railroad.

• Journal of the Korean Society for Railway
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• v.19 no.6
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• pp.826-832
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• 2016

Reduced greenhouse gas effect induced by LID (Low Impact Development) technique application in tramway construction was quantified to increase environmental benefit as part of an overall economic assessment. In addition, by application of penetration type permeable blocks, the effect of the urban water cycle was examined as a special assessment item in the policy analysis. The carbon emission ratios of the permeable turf block, according to the turf coverage rate (100%, 50% granite, and 50% HDPE), against the concrete track construction were -184.7%, -127.3%, and -116.3%, respectively. The carbon emission ratios of permeable blocks with granite and HDPE were 30.1% and 52.5%. In the case of the penetration type permeable block, it was possible to store rainfall in the block until 90mm/hr of rainfall intensity (94.3% of water reserve rate); therefore, this method was effective as part of the urban water cycle system. As a result, an increased environmental benefit from LID technique application is expected in tramway construction; this needs to be considered as a policy factor in AHP analysis.

• Acta Via Serica
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• v.2 no.2
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• pp.133-162
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• 2017

The Bering Strait crossing would link the entirety of Eurasia to the entirety of the Americas, and it can be seen as a natural extension of the historical Silk Road. There are some immense geopolitical benefits to such a project. It would bring about a profound and lasting change to the global economic and political outlook. The most valued function of the Bering Strait crossing and the extension of the associated railroad network would be to release the massive natural resources trapped underneath the tundra and permafrost for the benefit of Russia and the world. Moreover, the railroad project(s) would also build development corridors in those underdeveloped parts of the Russian Federation. The development of the resources and their rapid transportation to the global markets would contribute not only to the overall development of the region but also would be valuable for the resource-poor countries of Northeast Asia such as Japan, Korea, and China (relative to its economic size). This paper will explore the possible impact(s) of the Bering Strait crossing as a formidable infrastructure project for the economic development of the Russian Far East (RFE) from the Russian perspective under the frame of geopolitics. Furthermore, it will equally scrutinize the implications for the adjacent countries in the region.

• Journal of the Korean Society for Railway
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• v.17 no.5
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• pp.373-380
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• 2014

With a view to the commercialization of the Korean automatic variable-gauge bogie in the Eurasia railway system, the aim of this research was to perform an economic analysis concerning the possible introduction and operation of this bogie at the present time. For this purpose, we compared the possible types of freight connection service for container transportation, transshipment and the gauge-adjustable system, estimating the total life-cycle cost (LCC) incurred by each system, depending on type and quantity, over the whole process of acquisition, operation, maintenance and disposal. Based on this, we presented a case-by case analysis. Furthermore, in estimating economic feasibility, we analyzed the cost-benefit ratio taking into account not only the objective LCC, but also the reduced time required for the gauge-change and customer convenience. After estimating the LCC and analyzing the cost-benefit ratio of the respective systems, we demonstrated the economic superiority of view of the gauge adjustable system.

• Proceedings of the KSR Conference
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• 2011.10a
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• pp.2192-2204
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• 2011

Recently, The government is actively transit road-oriented Traffic System to the eco-friendly and high-efficiency railroad-oriented transportation system for the sustainable green growth. The second plan of Nationwide Railway Network which has been officially announced rearrange to integration, multi-core, open architecture country by the railway network and integrate to the one mega city that rink an important city in one hour 30 minute. But the railroad industry is disadvantageous when it compares with the road industry on the ground that railroad industry peculiarities(a cost-benefit analysis, an environment value, etc) have not reflected in the (preliminary) feasibility study for SOC industry. The government establish Improved methodology of Rail Investment Rating System and improved preliminary feasibility study in railroad project by introduction many content(analysis periods, rate of discount, the benefits of shortening of transit hours, the estimation of traffic accident reduction benefits, investment cost of vehicle substitution and operation and maintenance cost of high speed rail) about the Improved methodology of Rail Investment Rating System. This study is intended to consideration the key content that was included in the Improved methodology of Rail Investment Rating System. In addition, the points to be considered for additional study have been reviewed in this study. We hope we will carry out make a reasonable and objective Rail Investment Rating System and to perform the railway industry of the virtuous cycle such improvement plans are reflected at a hereafter railroad section.

• Proceedings of the KSR Conference
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• 2001.10a
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• pp.91-96
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• 2001

Diminishing fare rate to distance is widely applied in transportation field including bus, but the decision method of diminishing rate is not established. The basic concept of diminishing fare rate to distance is that passengers have a benefit according to their travel distance. Furthermore, this can be justified in the standpoint of operator because the cost of long-distance traveller is lower than that of short-distance traveller to make same income. It is essential to introduce diminishing fare rate to distance to decide diminishing rate. We suggested methodologies regarding how to decide diminishing rate on the basis of operator costs.

• Proceedings of the KSR Conference
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• 2010.06a
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• pp.352-358
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• 2010

When the Trans-Korea Railway (Gyeong-eui Line and Dong-hae Line) initiative is completed, Korea will become one of the major trading partners of Russia through the Trans-Siberian Railway (TSR). This will be an opportunity for Korea to take-off to a 'Traffic and Logistics Center in 21st Century. The opening of the Eurasia Continental Railway will provideKorea with the opportunity to develop into the logistics center of Asia-Pacific area and the benefit of reduced cost of unification by improving the correlation between South and North Korea through the cooperation in railway business. However, there exist the uncertainties for its demand and innovative reduction in transportation time and cost, due to the practical problems including economic efficiency and transportation technology. In this paper, the practical problems of TSR are discussed in the economic and social perspectives to develop the methodology for the Korea-Russia railway cooperation and for the improvement of the competitive power of TSR.