An stated preference analysis of Spanish freight forwarders modal choice on the south-west Europe Motorway of the Sea

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An stated preference analysis of Spanish freight forwarders modal choice on the south-west Europe Motorway of the Sea

Feo, María / Espino, Raquel / García, Leandro

Abstract This paper aims to contribute towards the design of effective freight transport policy by means of empirical analysis. In order to do so, a stated preference survey is undertaken to model the modal choice between door-to-door road transport and short sea shipping in the Motorway of the Sea of south-west Europe. The proposed analysis will provide policymakers with the necessary tool to identify the critical areas that should be addressed by future policy action in order to boost short sea shipping on Spain's Mediterranean coast. By applying the proposed method, we will be able to obtain estimates of the subjective values of transport attributes – value of time, value of reliability and value of frequency – in freight transport, values for which barely any empirical evidence on a national scale exists. Quantifying such values is a key part of the cost benefit analyses performed when evaluating transport projects.

Research Highlights ►Freight transport modal choice between road haulage and short sea shipping. ►Average freight value of time of 6.82 Euros per hour and shipment. ►Willingness to pay for an increase in one weekly departure of 24 Euros per shipment. ►Cost policies have the greatest effect on the probability of choosing the maritime alternative.