| Article ID: | iaor2014584 |
| Volume: | 9 |
| Issue: | 12 |
| Start Page Number: | 33 |
| End Page Number: | 45 |
| Publication Date: | May 2014 |
| Journal: | International Journal of Simulation and Process Modelling |
| Authors: | Prado Rosa Rios, Pereira Diego Crespo, Vilas David Del Rio, Monteil Nadia Rego, Valle Alejandro Garcia Del |
| Keywords: | Spain, travel mode choice |
Multimodal transport has been promoted by several transport commissions initiatives as an alternative to road transport. A key factor for improving its competitiveness is to provide private and public investors with means of evaluating and selecting the most profitable options. This paper presents a parameterisation schema of a freight transport model for the assessment of a multimodal transport service in terms of its internal rate of return (IRR). Parameterisation enables the application of optimisation algorithms to maximise the profitability. Finally, a case study consisting of the evaluation of a new maritime service for the interregional freight transport in Spain is used to verify the proposed parameterisation.