Emerging Freight Truck Technologies : Effects on Relative Freight Costs
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2018-05-01
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NTL Classification:NTL-FREIGHT-Freight Economics and Finance;NTL-FREIGHT-FREIGHT;
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Abstract:This research sought to evaluate the broad impacts that automated and connected vehicle technologies can have on both the motor carrier and rail industries. Since the development and adoption of these technologies are likely to be gradual, three phases were posited and analyzed. Depending on the degree of autonomy that is available, the motor carrier industry could achieve up to a 42.1% reduction in average cost per mile. And if fully autonomous technology was made available for use in the motor carrier industry, it is estimated that the American rail freight industry could see a 19% to 45% drop in demand.
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