Open AccessFORECASTING OF RAILWAY FREIGHT VOLUME: APPROACH OF ESTONIAN RAILWAY TO ARISE EFFICIENCY
Author(s) -
Ülo Hunt
Publication year - 2003
Publication title -
transport
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.437
H-Index - 31
eISSN - 1648-4142
pISSN - 1648-3480
DOI - 10.3846/16483840.2003.10414107
Subject(s) - estonian , commodity , transport engineering , volume (thermodynamics) , competition (biology) , business , government (linguistics) , rail transportation , traffic volume , industrial organization , engineering , finance , ecology , philosophy , linguistics , physics , quantum mechanics , biology
The local railroad was substantially deregulated and prepared for privatization by Estonian government in 90's. Changes in commodity mix, length of haul, shipment size, loading weight, equipment ownership, railroad costs, competition from other modes, and demand for railroad transportation have all played a significant role. This paper introduces the importance of forecasting a railway freight volume using the methodology of international knowledge.