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The Norwegian value of time study on freight transport 2018

Authors: Askill Harkjerr Halse, Christian S. Mjøsund, Marit Killi, Stefan Flügel, Guri Natalie Jordbakke, Inger Beate Hovi, Marco Kouwenhoven, Gerard de Jong
Report nr: 1680/2019
ISBN (digital version): 978-82-480-2209-1
Language: Norsk bokmål
Attachments Summary
Full report - in Norwegian only
Sammendrag

The value of tranpsort time savings (‘value of time’) in freight transport varies significantly between commodities, something which needs to be taken into account when estimating the economic benefits of transport measures that affect freight transport. We have conducted a national valuation study with a comprehensive data collection among firms within all commodity groups. The results show that VTTS is highest for fresh fish and high value goods and lowest for timber. The values are higher than the implicit VTTS in the national freight model (NGM), which is used for predicting transport flows. This implies that using the results in combination with NGM is not straightforward.

      

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