Change search
ReferencesLink to record
Permanent link

Direct link
Does fuel price affect trucking industry’s network characteristics?: evidence from Denmark
Swedish National Road and Transport Research Institute, Society, environment and transport, Transport economics, TEK.
2014 (English)Report (Other academic)
Abstract [en]

 The 2000s were dominated by rising fuel prices and economic recession. Both had an impact on the structure of the trucking industry and how freight was moved. This paper examines how fuel prices shaped trucking industry’s network characteristics such as the average length of haul, average load, and capacity utilization. In particular, we show the effect of fuel price on average length of haul using 29 quarterly independent surveys from the Danish heavy goods vehicle (HGV) trip diary from 2004 to 2011. The results show that the average length of haul is sensitive to changes in fuel price: a DKK 1 (0.18$) increase in diesel price/liter leads to a 4 percent decrease in the average length of haul in the 2004-2007 period. This implies that firms improve transport efficiency by reducing the number of kilometers needed to transport a tonne of cargo as a short run response to fuel price increases. This result, however, is not confirmed for the years following the 2008 financial crisis. It also depends on where in the distribution of the average length of haul one looks.

Place, publisher, year, edition, pages
Stockholm: Centre for Transport Studies , 2014. , 34 p.
CTS Working Paper, 2014:26
Keyword [en]
Does fuel price affect trucking
National Category
Research subject
00 Road: General works, surveys, comprehensive works, 02 Road: Economics
URN: urn:nbn:se:vti:diva-7447OAI: diva2:771209
Available from: 2014-12-12 Created: 2014-12-12 Last updated: 2016-02-03Bibliographically approved

Open Access in DiVA

fulltext(873 kB)404 downloads
File information
File name FULLTEXT01.pdfFile size 873 kBChecksum SHA-512
Type fulltextMimetype application/pdf

Search in DiVA

By author/editor
Abate, Megersa
By organisation
Transport economics, TEK

Search outside of DiVA

GoogleGoogle Scholar
Total: 404 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Total: 378 hits
ReferencesLink to record
Permanent link

Direct link