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- W599488122 abstract "This paper presents an examination of the relationship between rate, package weight and distance for routes throughout Canada and for weights up to 500lb., the limit on the less-than- truckload (LTL) category in the 'freight of all kinds' schedule. Two results of interest emerge from the analysis. The first is the ability to represent a set of small volume rate schedules by a single scalar parameter. This extends the conjecture of an earlier paper (Arcelus and Rowcroft, 1990) based on small packet rates between Moncton, N.B. and four major Canadian cities to a larger range of LTL rates for routes across the whole country. Secondly, it appears from attempts to model this price index that the index applicable to a particular route is very insensitive to the volume of business on that route, although it depends heavily on cost related variables. This suggests either that the demand for small volume shipping services is very inelastic or that rates are set without close consideration of the market demand prevailing on the relevant route. The results emphasize the need for a reconsideration of carrier strategy in this market, a need which will become more acute with the growing number of proponents of just-in-time production and inventory scheduling. For the covering abstract of the Conference, see IRRD Abstract No. 807771." @default.
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- W599488122 date "1991-01-01" @default.
- W599488122 modified "2023-09-27" @default.
- W599488122 title "DETERMINANTS OF SMALL VOLUME TRUCKING RATES" @default.
- W599488122 hasPublicationYear "1991" @default.
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