Feb 24, 2015 · Cost and time before and after construction: Cost per ton: $100 before – 27.5 cents per ton per mile $ 6 after – 1.6 cent/ton/mile; 94% drop; Transit time: 45 days before 5 days after; 89% drop; Steam powered rail (L636): 1828 – first commercial railroad, in Baltimore; 1859 – rail reaches to Appalachian mountains at cost of 3 cents/ton/mile Shipping Cost Savings The general shipping costs associated with rail and truck modes are $0.99 and $2.02 per ton-mile respectively. It is assumed that currently both rates are market-clearing and thus a reduction of 5% (resulting from the proposed improvements) is applied to each mode’s rate to calculate shipping costs savings. Value Tons Ton-miles Percent Truck (private and for-hire) Parcel, postal and courier Water Air (including truck and air) Rail (includes truck and rail) Pipeline Other and unknown b) 0 50 100 150 200 250 1980 1985 1990 1995 2000 Index: 1980=100 Intercity truck Class I rail Water Oil pipeline Figure 1.Jan 13, 2020 · Realistically, no trucking company could achieve an average total operating cost per total mile of $1.16, nor would they survive at $3.05 per mile. However, this article will illustrate the wide variances, and opportunity costs that operators realize on a day-to-day basis. As the main pricing mechanism for trucking is the mile, it is important ... Table 1: Grain Transport Cost Indicators (xlsx) - Weekly changes in truck, rail, barge, and ocean freight rates using diesel prices, nearby secondary rail market rates, Illinois barge rates, and ocean freight rates from U.S. Gulf and PNW to Japan as proxies. Source: Transportation & Marketing Programs/AMS/USDA of Transportation estimates that BTUs extended on per-ton mile total 433 for water transport and 696 for rail transport. However, Greene and Fan (1995)6 found rail and barge efficiencies to be much closer with the BTUs per-ton mile being 344, and 398 respectively. Davis (1999) found rail to be more energy effi- For Canadian service, the trans-Pacific voyage to Vancouver ($2,500 to $4,500) would be followed by a 2,800-mile railway journey to Toronto ($7,500) with comparable cost to Montreal, for an ...Aug 23, 2023 · Canadian National Railway's average fuel cost 2013-2021; ... U.S. average freight revenue per ton-mile in Class I rail traffic from 1990 to 2020 (in current U.S. dollar cents) [Graph], US ... The Freight Rail Network. Running on almost 140,000 route miles, the U.S. freight rail network is widely considered the largest, safest, and most cost-efficient freight system in the world. [1] The nearly $80-billion freight rail industry is operated by seven Class I railroads [2] (railroads with operating revenues of $490 million or more) [3 ...estimated 70 percent of the total value, 60 per-cent of the weight, and 34 percent of the overall ton-miles. • Measured by ton-miles of the composite esti-mates, trucking was followed by rail at 31 per-cent, pipeline at 16 percent, and water with 11 percent. In general, trucking dominated ship-ment distances of less than 500 miles while rail Rail Cost Indexes include All-Inclusive Index Less Fuel (AII-LF), Index of Monthly Railroad Fuel Prices (MRF), Railroad Cost Recovery Index (RCR) and Rail Cost Adjustment Factor (RCAF).Value Tons Ton-miles Percent Truck (private and for-hire) Parcel, postal and courier Water Air (including truck and air) Rail (includes truck and rail) Pipeline Other and unknown b) 0 50 100 150 200 250 1980 1985 1990 1995 2000 Index: 1980=100 Intercity truck Class I rail Water Oil pipeline Figure 1.Download scientific diagram | Cost per ton-mile by mode of transportation 30 from publication: New Technology and Automation in Freight Transport and Handling Systems New Technology and Automation ... rail also benefit rail customers. The affordability of freight rail saves rail customers (and, ultimately, American consumers) billions of dollars each year and enhances the global competitiveness of U.S. products. Average rail rates (measured by inflation-adjusted revenue per ton-mile) are 40% lower since 1980, meaning the average rail shipper can found rail and barge efficiencies to be much closer with the BTUs per-ton mile being 344, and 398 respectively. Davis (1999) found rail to be more energy effi-cient, with rail and barge BTUs being 368 and 412 (Figure 1).7 Future technological improvements in efficiency are affected by the level of competition within the transportation industry.Table 1: Grain Transport Cost Indicators (xlsx) - Weekly changes in truck, rail, barge, and ocean freight rates using diesel prices, nearby secondary rail market rates, Illinois barge rates, and ocean freight rates from U.S. Gulf and PNW to Japan as proxies. Source: Transportation & Marketing Programs/AMS/USDA Oct 10, 2018 · Rail vs Truck Cost Variance. An intermodal transportation strategy can help reduce cost variances. Unlike trucking, capacity and pricing stay relatively flat with rail. Capacity constraints for truckload can mean 35-40% price variation during peak seasons, but with rail, the variance is only 10-15%. found rail and barge efficiencies to be much closer with the BTUs per-ton mile being 344, and 398 respectively. Davis (1999) found rail to be more energy effi-cient, with rail and barge BTUs being 368 and 412 (Figure 1).7 Future technological improvements in efficiency are affected by the level of competition within the transportation industry.The study shows that, based on the annualized cost methodology, the transport cost per ton-mile via freight pipeline is cost competitive with truck, rail, and TOFC for four of the five configurations within the Philadelphia-Chicago transportation corridor if the annual tonnage is high. For the fifth configuration, truck is clearly a less ... Rail freight quote – break of costs. There are various factors for the calculation of rail freight costs. Here is a list with every included matter of expense: Rail terminal costs. At the rail terminal, there are also costs that have to be considered and covered. As soon as the train has arrived, the container and goods have to be unloaded. For Canadian service, the trans-Pacific voyage to Vancouver ($2,500 to $4,500) would be followed by a 2,800-mile railway journey to Toronto ($7,500) with comparable cost to Montreal, for an ...Rail freight rates should be inclusive of ton-miles or vice versa ton-kilometer hauled per unit of energy consumed, this arithmetic easily translates to rail transportation being much efficient as opposed to numerous other transportation means.Rail freight Canada is not as flexible as highway shipping thus forcing the partnering of rail and ... Rail freight quote – break of costs. There are various factors for the calculation of rail freight costs. Here is a list with every included matter of expense: Rail terminal costs. At the rail terminal, there are also costs that have to be considered and covered. As soon as the train has arrived, the container and goods have to be unloaded. The number of ton-miles per gallon of fuel by barge is 514 miles, by train 202 miles and, by truck 59 miles. Barge traffic does not add to the noise pollution or congestion that is common with other modes. It is the safest type of transportation to move chemicals and toxic materials. Compare the Costs. The cost per ton-mile for a barge is only ... than for rail, and average around 20 per cent and 11 per cent of shipping costs for the respective modes. Internalising those costs via a tax on payload weight, distance, and fuel would have induced, in 2007 data, a 3.1 per cent shift of ton-miles from truck to rail and a 0.7 per centShipping goods over a longer distance requires more time (capital costs) and fuel (operating costs). Thus, R² = 0.0174 0 0 2000 4000 6000 8000 10000 12000 14000 2 4 6 8 10 12 Transport cost per ton (ln) Nautival miles Figure 3.3. The “no-relationship” between distance and maritime transport costs Canadian National Railway's average fuel cost 2013-2021; ... U.S. average freight revenue per ton-mile in Class I rail traffic from 1990 to 2020 (in current U.S. dollar cents) [Graph], US ...Compares cargo capacity of trucks, trains and inland river barges. One common 15-barge river tow has the same capacity as 1,050 trucks and and 216 rail cars pulled by six locomotives. Shows that barges can move a ton of cargo 576 miles with a single gallon of fuel, while trains get 413 and trucks 155 “ton-miles per gallon.”.Dec 25, 2017 · Carrying Boston bound containers via Newark (3,300 nautical miles @ $2,600) and a railway journey of 240 miles ($600) would cost $3,200 per container. Switching containers at Halifax ($2,300 ... The same study referenced above showed that external costs per ton-mile amounted to about $2.62 – $5.86 for road transport compared to only $0.3 – $0.82 for rail transport. These external costs include but are not limited to pavement and rail repairs, traffic congestions, accident risk, traffic congestions and emissions. FlexibilityFreight Transport Revenue per Ton-Mile. Source: BTS, Table 3-21. Note: Cents per ton-mile. In a competitive market, the revenue a transport company generates depends on its costs and profit margin. High revenue per ton-mile is directly related to high operating costs associated with this revenue generation. The most important factor related to ...One ton-mile is the equivalent of shipping one ton of product, one mile. One ton-mile is the equivalent of shipping one gallon of milk about 225 miles. Importing a piece of furniture that weighs 100 lbs. from China to Seattle incurs over 300 ton-miles. 562 billion ton-miles were incurred in the shipment of coal in the US in 2002 alone.Rail shipping is considered one of the most cost-effective modes of transportation, especially for large volumes traveling long distances. Due to its ability to move major quantities of freight at one time, rail shipping has a lower cost-per-ton-mile (the cost of moving one ton of freight one mile) than truck shipping.This would put the air cost at 14/20=$0.70 per ton-mile, and the cost of shipping the 80 kg person equivalent from NY to Paris at $320 one way, much more in line with typical airfares. ReplyDelete Replies Reply freight guruApril 13, 2013 at 12:21 AMCompares cargo capacity of trucks, trains and inland river barges. One common 15-barge river tow has the same capacity as 1,050 trucks and and 216 rail cars pulled by six locomotives. Shows that barges can move a ton of cargo 576 miles with a single gallon of fuel, while trains get 413 and trucks 155 “ton-miles per gallon.”.Revenue Per Freight Ton-Mile, Class I Railroads for United States. Cents per Ton-Mile, Monthly, Not Seasonally Adjusted Jan 1920 to Apr 1956 (2012-08-16) Cents per Ton-Mile, Monthly, Not Seasonally Adjusted Jul 1907 to Dec 1925 (2012-08-16) Value Tons Ton-miles Percent Truck (private and for-hire) Parcel, postal and courier Water Air (including truck and air) Rail (includes truck and rail) Pipeline Other and unknown b) 0 50 100 150 200 250 1980 1985 1990 1995 2000 Index: 1980=100 Intercity truck Class I rail Water Oil pipeline Figure 1.Apr 9, 2021 · This would put the air cost at 14/20=$0.70 per ton-mile, and the cost of shipping the 80 kg person equivalent from NY to Paris at $320 one way, much more in line with typical airfares. ReplyDelete Replies Reply freight guruApril 13, 2013 at 12:21 AM Combining rail and truck transportation using a transload facility gives you the cost-saving benefits of multimodal shipping. When comparing costs per ton mile by truck and rail, rail has the potential to cut costs in half. This means minimizing transportation by truck can dramatically reduce costs.Jul 26, 2022 · Rail works well for longer journeys and is less expensive than trucking. The point of cost neutrality between rail and trucking is around 130 to 150 miles. Safer transport with an excellent safety record. It helps ease road congestion and lower emissions. Trains burn less fuel per ton-mile than trucks. Drawbacks to rail include: Rail costs assume loading 567 barrels of 956 kg/m3 at 15ºC (12API) undiluted bitumen into 25,330 US gallon tank cars with a track weight limitation of 268,000 gross weight on rail (GWoR). Rail rates are calculated using the American Association of Railways published 2015 cents per ton-mile average rail rates for all services all types of ... Canadian National Railway's average fuel cost 2013-2021; ... U.S. average freight revenue per ton-mile in Class I rail traffic from 1990 to 2020 (in current U.S. dollar cents) [Graph], US ...of Transportation estimates that BTUs extended on per-ton mile total 433 for water transport and 696 for rail transport. However, Greene and Fan (1995)6 found rail and barge efficiencies to be much closer with the BTUs per-ton mile being 344, and 398 respectively. Davis (1999) found rail to be more energy effi- Rail external costs are 0.24 cent to 0.25 cent (US) per ton-mile, well less than the 1.11 cent for freight trucking, but external costs for rail generally constitute a larger amount relative to ...Aug 23, 2023 · Canadian National Railway's average fuel cost 2013-2021; ... U.S. average freight revenue per ton-mile in Class I rail traffic from 1990 to 2020 (in current U.S. dollar cents) [Graph], US ... Jan 13, 2020 · Realistically, no trucking company could achieve an average total operating cost per total mile of $1.16, nor would they survive at $3.05 per mile. However, this article will illustrate the wide variances, and opportunity costs that operators realize on a day-to-day basis. As the main pricing mechanism for trucking is the mile, it is important ... In 2020, the average U.S. Class I freight rail employee earned wages of $95,700 and fringe benefits of $40,000, for total compensation of $135,700. By contrast, the average wage per full- time equivalent U.S. employee in 2020 was $71,000 (just 74% of the rail figure) , and the average total compensation was $87,000 (64% of the rail figure).This would put the air cost at 14/20=$0.70 per ton-mile, and the cost of shipping the 80 kg person equivalent from NY to Paris at $320 one way, much more in line with typical airfares. ReplyDelete Replies Reply freight guruApril 13, 2013 at 12:21 AMTrain. Railways consume up to 9x less energy per tonne-kilometer traveled than trucks. On average, trains are 4x more fuel-efficient. Can carry more freight at the same time. Cheaper for long-distance. Emit 75% fewer GHG emissions.Locate pricing for any product from grain to coal or from lumber to steel -- as well as information on national tariffs, demurrage and storage charges, fuel surcharges and finance charges. Transit, Routing and Speed Tools.Freight cost savings per ton-mile (1% * $0.034 = $0.0003 per ton-mile) is applied to all existing background ton-miles Shipping Cost Savings Œ New rail users Due to market competiveness between the rail and trucking industry, the total cost savings per mile of the rail industry will improve the competitiveness of rail compared to truck. This would put the air cost at 14/20=$0.70 per ton-mile, and the cost of shipping the 80 kg person equivalent from NY to Paris at $320 one way, much more in line with typical airfares. ReplyDelete Replies Reply freight guruApril 13, 2013 at 12:21 AMCanadian National Railway's average fuel cost 2013-2021; ... U.S. average freight revenue per ton-mile in Class I rail traffic from 1990 to 2020 (in current U.S. dollar cents) [Graph], US ...The data tables are based on primary data that EIA collects from plant owners and operators on Form EIA-923, Power Plant Operations Report, and on supplement data and analysis of coal transportation costs that we released in June 2011 and November 2012. The initial report on coal transportation rates covered 2001 through 2008, applied only to ...Apr 9, 2021 · This would put the air cost at 14/20=$0.70 per ton-mile, and the cost of shipping the 80 kg person equivalent from NY to Paris at $320 one way, much more in line with typical airfares. ReplyDelete Replies Reply freight guruApril 13, 2013 at 12:21 AM The study shows that, based on the annualized cost methodology, the transport cost per ton-mile via freight pipeline is cost competitive with truck, rail, and TOFC for four of the five configurations within the Philadelphia-Chicago transportation corridor if the annual tonnage is high. For the fifth configuration, truck is clearly a less ... The average going rates for trucking per mile are: Average van rates: Between $2.30 and $2.86 per mile on average. Reefer truck rates: $3.19 per mile on average. Flatbed truck rates: $3.14 per mile on average. Many things influence trucking freight rates.Value Tons Ton-miles Percent Truck (private and for-hire) Parcel, postal and courier Water Air (including truck and air) Rail (includes truck and rail) Pipeline Other and unknown b) 0 50 100 150 200 250 1980 1985 1990 1995 2000 Index: 1980=100 Intercity truck Class I rail Water Oil pipeline Figure 1. Dec 25, 2017 · Carrying Boston bound containers via Newark (3,300 nautical miles @ $2,600) and a railway journey of 240 miles ($600) would cost $3,200 per container. Switching containers at Halifax ($2,300 ... Feb 10, 2023 · To estimate your rail freight rates, you have to take various factors into account. These include: For a rail freight trip from China to Europe, you’re looking at between US $8000 – $9000 for a 40ft container. In comparison, shipping a 20ft container via ocean freight from China to Northern Europe will cost you only US $1,500. So if time is ... For Canadian service, the trans-Pacific voyage to Vancouver ($2,500 to $4,500) would be followed by a 2,800-mile railway journey to Toronto ($7,500) with comparable cost to Montreal, for an ...Jan 13, 2020 · Realistically, no trucking company could achieve an average total operating cost per total mile of $1.16, nor would they survive at $3.05 per mile. However, this article will illustrate the wide variances, and opportunity costs that operators realize on a day-to-day basis. As the main pricing mechanism for trucking is the mile, it is important ... Published Rates. Locate pricing for any product from grain to coal or from lumber to steel -- as well as information on national tariffs, demurrage and storage charges, fuel surcharges and finance charges. Transit, Routing and Speed Tools.Jul 26, 2022 · Rail works well for longer journeys and is less expensive than trucking. The point of cost neutrality between rail and trucking is around 130 to 150 miles. Safer transport with an excellent safety record. It helps ease road congestion and lower emissions. Trains burn less fuel per ton-mile than trucks. Drawbacks to rail include: Compares cargo capacity of trucks, trains and inland river barges. One common 15-barge river tow has the same capacity as 1,050 trucks and and 216 rail cars pulled by six locomotives. Shows that barges can move a ton of cargo 576 miles with a single gallon of fuel, while trains get 413 and trucks 155 “ton-miles per gallon.”.Intermodal rail freight is a transportation option that combines rail and truck shipping to transport freight over long distances. Intermodal rail freight involves shipping the freight by rail to a rail hub, where it is then transferred to a truck for final delivery to its destination. Intermodal rail freight can offer substantial cost savings ... The average going rates for trucking per mile are: Average van rates: Between $2.30 and $2.86 per mile on average. Reefer truck rates: $3.19 per mile on average. Flatbed truck rates: $3.14 per mile on average. Many things influence trucking freight rates. This is the accessible text file for GAO report number GAO-11-134 entitled 'Surface Freight Transportation: A Comparison of the Costs of Road, Rail, and Waterways Freight ShipmentRail costs assume loading 567 barrels of 956 kg/m3 at 15ºC (12API) undiluted bitumen into 25,330 US gallon tank cars with a track weight limitation of 268,000 gross weight on rail (GWoR). Rail rates are calculated using the American Association of Railways published 2015 cents per ton-mile average rail rates for all services all types of ... Rail Cost Indexes include All-Inclusive Index Less Fuel (AII-LF), Index of Monthly Railroad Fuel Prices (MRF), Railroad Cost Recovery Index (RCR) and Rail Cost Adjustment Factor (RCAF).Feb 16, 2022 · Get in touch with us now. , Feb 16, 2022. In 2021, the most expensive mode of logistics in India was air with around 18 Indian rupees per metric ton kilometer, more than tenfold the cost of rail ... Apr 9, 2021 · This would put the air cost at 14/20=$0.70 per ton-mile, and the cost of shipping the 80 kg person equivalent from NY to Paris at $320 one way, much more in line with typical airfares. ReplyDelete Replies Reply freight guruApril 13, 2013 at 12:21 AM rail also benefit rail customers. The affordability of freight rail saves rail customers (and, ultimately, American consumers) billions of dollars each year and enhances the global competitiveness of U.S. products. Average rail rates (measured by inflation-adjusted revenue per ton-mile) are 40% lower since 1980, meaning the average rail shipper can Feb 16, 2022 · Get in touch with us now. , Feb 16, 2022. In 2021, the most expensive mode of logistics in India was air with around 18 Indian rupees per metric ton kilometer, more than tenfold the cost of rail ... To estimate your rail freight rates, you have to take various factors into account. These include: For a rail freight trip from China to Europe, you’re looking at between US $8000 – $9000 for a 40ft container. In comparison, shipping a 20ft container via ocean freight from China to Northern Europe will cost you only US $1,500. So if time is ...At less than a penny charged per ton-mile, shipping by water is even cheaper than using a train. Water carriers also make highly efficient use of fuel. According to their 2012 annual report, the American Waterway Operators found that one gallon of fuel moves one ton of cargo 616 miles by inland barge, 478 miles by train, and only 150 miles by ...U.S. Ton-Miles of Freight (BTS Special Tabulation) (millions) Embedded Dataset Excel: Dataset Excel: table_01_50_062422.xlsx (37.21 KB) Notes: Based on the Freight Analysis Framework (FAF) BTS developed a more comprehensive and reliable estimates of ton-miles for the Air, Truck, Rail, Water, and Pipeline modes than are presented in table 1-49. cents per ton-mile in 2004, compared to 3.3 cents for the second smallest shipment size (6–49 cars). Rates grew 40 percent (1–5 cars) and 7 percent (6–49 cars) to 4.4 and 3.5 cents per ton-mile in 2011, respectively. Rates for both sizes fluctuated from 1994 until about 2004, at which point rates for both sizes began to rise.Freightfinders transport calculator - Your advantages: Receive the same prices as with the forwarding companies themselves. Full Service: customs, loading, load restraint, insurance, packaging. Freightfinders.com will help you compare forwarding agencies and find the most favourable transport prices.
Rail shipping is considered one of the most cost-effective modes of transportation, especially for large volumes traveling long distances. Due to its ability to move major quantities of freight at one time, rail shipping has a lower cost-per-ton-mile (the cost of moving one ton of freight one mile) than truck shipping.. Lv
Locate pricing for any product from grain to coal or from lumber to steel -- as well as information on national tariffs, demurrage and storage charges, fuel surcharges and finance charges. Transit, Routing and Speed Tools.Rail works well for longer journeys and is less expensive than trucking. The point of cost neutrality between rail and trucking is around 130 to 150 miles. Safer transport with an excellent safety record. It helps ease road congestion and lower emissions. Trains burn less fuel per ton-mile than trucks. Drawbacks to rail include:Download scientific diagram | Cost per ton-mile by mode of transportation 30 from publication: New Technology and Automation in Freight Transport and Handling Systems New Technology and Automation ...In 2020, the average U.S. Class I freight rail employee earned wages of $95,700 and fringe benefits of $40,000, for total compensation of $135,700. By contrast, the average wage per full- time equivalent U.S. employee in 2020 was $71,000 (just 74% of the rail figure) , and the average total compensation was $87,000 (64% of the rail figure).Sep 14, 2020 · The weighted average documented rate including the fuel surcharge for coal to utilities in 2018 was $0.0185/ton mile (10 years ago rates were $0.012/ton mile.) Aggregate shippers will never see such rates. Downtown Los Angeles truck rates suggest $0.40/ton mile with perhaps regional rates $0.15-0.25/ton. – Tax rates on truck shipping: 2.3¢ per ton- mile, $1.62 per gallon – Tax rates on rail shipping: 0.3¢ per ton-mile, $1.34 per gallon Vehicle miles traveled (VMT ) tax (distance only, not weight) plus fuel tax – Truck tax rate: 30¢ per mile, $1.62 per gallon – Rail tax rate: 12¢ per mile, $1.34 per gallon VMT tax alone – Truck ... The graph below was created using Google’s chart tools. The vertical bar graph shows the costs per ton mile for shipping freight on four transportation modes – truck, rail, air, and water. The costs per ton mile amounts are computed from US Department of Transportation data for 2002. The costs per ton mile were computed by dividing the 2002 ...U.S. Ton-Miles of Freight (BTS Special Tabulation) (millions) Embedded Dataset Excel: Dataset Excel: table_01_50_062422.xlsx (37.21 KB) Notes: Based on the Freight Analysis Framework (FAF) BTS developed a more comprehensive and reliable estimates of ton-miles for the Air, Truck, Rail, Water, and Pipeline modes than are presented in table 1-49. Download scientific diagram | Cost per ton-mile by mode of transportation 30 from publication: New Technology and Automation in Freight Transport and Handling Systems New Technology and Automation ...Jun 27, 2022 · Revenue Ton Mile: A single ton of goods that is transported for one mile. Revenue ton miles are used to determine the total amount of freight that is shipped by a transportation company. Railroads ... Costs. of a Rail Siding. rule of thumb for new track construction is between $1 Million - $2 Million per mile, depending on who is constructing the track. Some rail clients need alot of track space to handle unit trains over a mile long. Below is a basic cost estimate for a mile long siding. Paying for the siding is driven by a combination of ...Canadian National Railway's average fuel cost 2013-2021; ... U.S. average freight revenue per ton-mile in Class I rail traffic from 1990 to 2020 (in current U.S. dollar cents) [Graph], US ...found rail and barge efficiencies to be much closer with the BTUs per-ton mile being 344, and 398 respectively. Davis (1999) found rail to be more energy effi-cient, with rail and barge BTUs being 368 and 412 (Figure 1).7 Future technological improvements in efficiency are affected by the level of competition within the transportation industry.The Freight Rail Network. Running on almost 140,000 route miles, the U.S. freight rail network is widely considered the largest, safest, and most cost-efficient freight system in the world. [1] The nearly $80-billion freight rail industry is operated by seven Class I railroads [2] (railroads with operating revenues of $490 million or more) [3 ...Shipping Cost Savings The general shipping costs associated with rail and truck modes are $0.99 and $2.02 per ton-mile respectively. It is assumed that currently both rates are market-clearing and thus a reduction of 5% (resulting from the proposed improvements) is applied to each mode’s rate to calculate shipping costs savings. .
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