An Approach for Economic Analysis of Intermodal Transportation

Table 3

Technical and economical properties of the vehicles.

Description of vehicles	Symbol	Unit	Transportation modes
			Seaway	Railway	Road
			General cargo ship	Freight train	Truck
Investment cost including infrastructure	𝐼𝑐	$	6 000 000	6 500 000	90 000
Average economic lifetime	𝑛	Year	20	20	10
Insurance percentage (%𝐼𝑐)	𝑠	$	0.020	0.00923	0.02778
Service speed of vehicle	𝑉𝑠	km/h	22	35	50
Cargo capacity	𝑌𝑘	Ton	2970	700	20
Annual maintenance-repair time	𝑍bt	Hours	300	1200	720
Annual idle time	𝑍bk	Hours	1095	1095	5110
Fuel consumption per km (main + aux.)	𝐵𝑓	Litre/km	16	7	0.3
Lubricant consumption per km (main + aux.)	𝐵𝑜	Litre/km	0.11	0.05	0.0036
Fuel price	𝑃𝑓	$/litre	0.3	1.70	1.70
Lubricant price	𝑃𝑜	$/litre	1.10	5.50	5.50
Annual operation and maintenance costs	𝐶mo	$/year	750 000	800 000	15 000
Interest rate	𝑖		0.08	0.08	0.08
Discount rate	𝑟		0.1	0.1	0.1
Escalation rate for future operational and maintenance costs	𝑒𝑚		0.03	0.03	0.03
Escalation rate for future fuel cost	𝑒𝑓		0.05	0.05	0.05
Escalation rate for future insurance cost	𝑒𝑠		0.03	0.03	0.03
Escalation rate for future external costs	𝑒𝑥		0.03	0.03	0.03
Route length	𝐿	km	1000	1000	1000
Waiting time between sequential trips	𝑍sa	Hours	9.00	30	6.00
Specific cost of accident	𝑐ac	$/(ton·km)	6.00𝐸−05	4.00𝐸−04	3.30𝐸−03
Specific cost of pollution	𝑐𝑝	$/(ton·km)	3.85𝐸−04	1.10𝐸−04	4.50𝐸−04
Specific cost of noise	𝑐𝑛	$/(ton·km)	0.00𝐸+00	1.50𝐸−04	2.20𝐸−04
Average fullness ratio	𝑌𝑑		0.70	0.90	0.90
Reference fullness ratio for the specific external costs	𝑌^∗𝑑		0.70	0.70	0.70

Note: all values in the tables are considered data of March 2006.