Customer segmentation strategy for rail freight market: The case of Turkish State Railways

2018 ◽  
Vol 28 ◽  
pp. 45-53 ◽  
Author(s):  
Hulya Zeybek
Keyword(s):  
Customer Segmentation ◽  
Rail Freight ◽  
Segmentation Strategy ◽  
Turkish State ◽  
Freight Market

The role of intermodal terminals in the development of non-bulk rail freight market in Australia

2016 ◽  
Vol 4 (4) ◽  
pp. 294-305 ◽  
Author(s):  
Hadi Ghaderi ◽  
Stephen Cahoon ◽  
Hong-Oanh Nguyen
Keyword(s):  
Rail Freight ◽  
Freight Market

scholarly journals Model of effective market and technology of freight railway transportation

2021 ◽  
Vol 7 (1) ◽  
pp. 124-138
Author(s):  
Danila S. Belnitsky
Keyword(s):  
Rail Transport ◽  
Market Model ◽  
Rail Transportation ◽  
Railway Transportation ◽  
Service Market ◽  
Rail Freight ◽  
Free Competition ◽  
Railway Freight ◽  
Railway Industry ◽  
Freight Market

Background: Liberalization processes, an attempt of the railway industry to transition to a new market model (free competition market) without corresponding changes in the component of the model, negatively affect the efficiency of the railway industry and the efficiency of the freight railway service market. This article proposes to look at the problem not from the standpoint of changing the form of ownership in the industry and the formation of a free competition market, but from the standpoint of finding an equilibrium between the technology of work and the applied model of the freight rail transport market. The research is based on the well-known Industrial organization concept. The author views the market as a living mechanism that responds to changes in its components within its own field, not only as a place for transactions. The efficiency of the freight rail transport market largely depends on the technology for creating a freight rail service. It is proposed to form a market model focusing not on the type of competition, but on a certain harmony of the technology of freight railway service and the market, or rather the balance of the components of the service market. Aim: to define a model of an efficient rail freight market. in which the railway industry can show maximum efficiency. Methods: expert assessment of attempt to change the model of the railway freight market; analysis of the reasons for the imbalance in the economic mechanism of transportation activities in the field of freight railway transportation; attempt to structure goals of an efficient railway freight market. Results: the author's interpretation of the concepts is presented: "The market of freight rail transportation", "The economy of freight rail transportation", "The owner of the process of freight rail transportation", "Participant of the process of freight rail transportation"; a model is proposed, the image and goals of an effective freight railway service market are formed. Conclusions: Based on the results of the study, recommendations can be formulated on the formation of a balanced model of the rail freight market and adjusting the goals and the existing market model.

scholarly journals Prospects of Forming a New Rail Freight Tariff System

2019 ◽  
Vol 14 (4) ◽  
pp. 194-219
Keyword(s):  
Optimal Level ◽  
Added Value ◽  
Market Model ◽  
Rail Freight ◽  
Russian Economy ◽  
The Government ◽  
Further Development ◽  
Tariff System ◽  
Freight Market

The rail freight market is one of the most important sectors of the Russian economy. From year to year there has been evidence of inefficiency of rail freight regulation rules: shippers prefer to use alternative types of transport for goods with high added value, decreasing revenues of OAO “RZD” (Russian Railways) and limiting its investment program. To create conditions for development, there have been discussions about directions of reforms needed in the rail freight sector. Market players like OAO “RZD”, the government, and shippers have been putting forward their own optimal market schemes, but mainly they are controversial. In this paper, the authors propose a vector for further development of an optimal rail freight market model, which would take into account interests of all market players. At the first stage, we evaluated elasticities of demand for rail freight transportation for different types of goods. At the second stage, we measured levels of rail freight tariffs in Russia and compared them with the theoretical optimal level according to the Ramsey rule. With maximum public welfare taken as the optimal criteria, directions for further development of tariff s for the medium to long term have been identified. According to our estimates, the present tariff system leads to 0.2% of GDP welfare being lost annually. The new tariff system would ensure a 4–6% increase in freight volumes by decreasing the average level of tariffs. This tariff system can be applied as part of rail freight regulation improvements.

Application of the Principles of Energy Exchanges to the Rail Freight Sector

2017 ◽  
Vol 2609 (1) ◽  
pp. 28-35 ◽  
Author(s):  
Anuradha Jain ◽  
Dirk Bruckmann
Keyword(s):  
Energy Sector ◽  
Lessons Learned ◽  
Just In Time ◽  
The Internet ◽  
Time Production ◽  
Rail Freight ◽  
Price Signals ◽  
Transaction Process ◽  
Energy Exchanges ◽  
Freight Market

One of the major goals of the European Union's transport policy is to increase the market share of rail freight transports. With the Internet, globalization, and just-in-time production, the future of freight transport has moved to high-value and lightweight goods. Rail freight has had difficulty entering this market. Thus, a multipronged strategy is required for improving the rail freight market in which freight is consolidated and transported in Europe by encouraging new players to enter the market. A key pillar of this strategy is the introduction of freight exchanges that are based on principles similar to those of power exchanges. The latter are already well established and operational in the energy sector. This paper describes the market and operational requirements for efficient and reliable freight exchanges in the European freight market from which the rail sector can profit. Lessons learned from the energy sector were reviewed and applied in the context of the rail freight sector in this study. The analysis implies that for rail freight to function, as a pre requisite the freight exchanges would need to provide high liquidity in the market and be neutral to all parties, including shippers and forwarders. Furthermore, to facilitate competition, such exchanges would have to send price signals in the market like power exchanges do. The exchanges would allow automatic bidding, and the transaction process would be efficient and reliable. The rail freight operators would need to provide standardized indistinguishable products to serve as commodities on the freight exchanges.

scholarly journals Imperfect competition in a network industry: The case of the European rail freight market

2017 ◽  
Vol 58 ◽  
pp. 53-61 ◽  
Author(s):  
Florent Laroche ◽  
Christa Sys ◽  
Thierry Vanelslander ◽  
Eddy Van de Voorde
Keyword(s):  
Imperfect Competition ◽  
Network Industry ◽  
Rail Freight ◽  
Freight Market

scholarly journals Innovations on rail freight market

2021 ◽  
pp. 103-113
Author(s):  
Dora Naletina ◽  
Mate Damić
Keyword(s):  
Negative Impact ◽  
Transportation Network ◽  
Freight Transportation ◽  
The European Union ◽  
Rail Freight ◽  
Eu Member States ◽  
Passenger Traffic ◽  
Road Freight ◽  
Road Freight Transportation ◽  
Freight Market

Ten years ago, the European Union recognized the importance of stopping further development of road freight transportation and the need for making rail freight a more prominent branch of industry. Rail transportation used to hold a more relevant position, but because of slow response to changes on the market and no investments in modernization, it now occupies only around 10% of the share in freight transportation in most EU member states. Most members have initiated the implementation of the restructuring and liberalization of rail market, with the aim of establishing a multimodal transportation network and reducing negative impact of road freight on the environment. The Croatian market is no exception, of course. It has liberalized the rail freight market since the Accession to the EU, while the rail passenger traffic is still monopolized by a company owned by the state. The Croatian national carrier HŽ Cargo has decided to face the competition by restructuring the current business and giving a sharper focus on innovation (intermodal terminals, RO-LA, and digitalization of business operations). The above-mentioned topics are analysed in the following chapter.

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