The Cost of Shipping Commodities

Transportation planners and policy makers do not have the ability to estimate the cost of shipping a quantity of a commodity between two locations. Yet, costs of shipping are important components in mode, route, and location choice processes. Cost of shipping relates to logistics practices of businesses, and these practices have been changing rapidly in recent years. A solid understanding of these costs will aid public sector decision-makers in determining the economic benefits of infrastructure improvements or determining the impacts on the private sector of various policies and operational strategies. This research will use the inventory cost model to evaluate the data with shipment cost information, build a cost model for one mode and for several varied commodities carried by that mode. The objective of this research project is to develop a cost model to estimate the cost of shipping a quantity of a commodity between two locations which will aid public sector decision makers in determining the economic benefits of infrastructure improvements or determining the impacts on the private sector of various policies and operational strategies.

• Record URL:
  http://www.wistrans.org/cfire/research/projects/02-30/

Language

• English

Project

• Status: Completed
• Funding: $100000.00
• Contract Numbers:

  CFIRE 02-30

• Sponsor Organizations:

  National Center for Freight and Infrastructure Research and Education (CFIRE)

  University of Wisconsin, Madison
  1415 Engineering Drive, 2205 Engineering Hall
  Madison, WI  United States  53706
• Performing Organizations:

  University of Wisconsin, Milwaukee

  Department of Industrial and Manufacturing Engineering
  EMS E367, 3200 North Cramer Street
  Milwaukee, WI  United States  53211
• Principal Investigators:

  Petering, Mathew

• Start Date: 20071001
• Expected Completion Date: 0
• Actual Completion Date: 20091201
• Source Data: RiP Project 23608

Subject/Index Terms

• TRT Terms: Commodities; Freight traffic; Policy making; Research projects; Shipping; Transportation planning
• Uncontrolled Terms: Transportation costs
• Subject Areas: Finance; Freight Transportation; Highways;

Filing Info

• Accession Number: 01468307
• Record Type: Research project
• Source Agency: National Center for Freight and Infrastructure Research and Education (CFIRE)
• Contract Numbers: CFIRE 02-30
• Files: UTC, RIP
• Created Date: Jan 3 2013 3:48PM