The Effect of Fuel Prices on Trucking Industrys Network Characteristics 340
Project Number: 340
Project Leader: Megeresa Abate
Start Date: 2013-10-01
End Date: 2014-03-31
Description:Research Question This project examines how changes in fuel prices shape the trucking industrys network characteristics such as the average length of haul, average load, and capacity utilization. It proposes an empirical model which is based on the central arguments that during periods of high fuel prices firms reduce average length of hauls, that is the average distance a tonne of freight moves, and improve capacity utilization. The model will be tested using a unique dataset from the Danish heavy goods vehicle (HGV) trip diary for 2004 to 2011.