How do you calculate revenue ton-mile?
How do you calculate revenue ton-mile?
Revenue ton-miles is calculated by multiplying the weight in tons of the shipment being transported by the miles that it is transported.
Which US transportation mode moves the most ton-miles?
freight rail system
In terms of ton-miles, coal still comprises the single largest commodity moved by the freight rail system.
How do you calculate shipping per ton-miles?
Ton-miles are computed by dividing the weight in tons of each shipment transported by the distance hauled.
How many tons of goods does the US freight system move each year?
The U.S. freight transportation network moves a staggering volume of goods each year. Over 15 billion tons of goods, worth over $9 trillion, were moved in 1998 (USDOT FHWA 2002a). This translates into 310 pounds of freight moved daily for each U.S. resident.
How many miles are in a ton?
What is a ton-mile? One ton-mile is the equivalent of shipping one ton of product, one mile. For example: One ton-mile is the equivalent of shipping one gallon of milk about 225 miles.
What is a revenue ton mile?
A revenue ton mile is a metric used in the transportation industry. One revenue ton mile is the revenue earned for transporting one ton of freight across one mile. Revenue ton miles are used primarily by railroad companies.
Who is the biggest railroad in America?
Union Pacific Railroad
Union Pacific Railroad — Headquartered in Omaha, Nebraska Founded in 1862, Union Pacific (UP) has been providing train transportation for 156 years. It’s the largest railroad in North America, operating 51,683 miles in 23 states.
What is the significance of ton miles in logistics?
What ton miles mean?
A ton-mile is defined as one ton of freight shipped one mile and, therefore, reflects both the volume shipped (tons) and the distance shipped (miles).
Who moves the most freight?
Trucks continued to be the most heavily utilized mode for moving goods to and from both Canada and Mexico, carrying 63.3 percent of the freight transported….Figure 2: North American Freight by Mode, 2017.
| Mode | 2017 |
|---|---|
| Truck | 721 |
| Rail | 174 |
| Pipeline | 65 |
| Air | 44 |
What percent of US freight is moved by train?
Heavy freight such as coal, lumber, ore, and heavy freight going long distances are likely to travel by rail, or some combination of truck, rail, and water. The rail network accounted for approximately 28 percent of U.S. freight movement by ton-miles (the length and weight freight travels).
What was the total ton miles of freight in 1990?
The timeline illustrates the total US ton-miles of freight from 1990 to 2018 and gives a projection through 2045. In 2018, there were a total of 5.25 trillions of ton-miles of freight. The highest share of freight was moved by truck.
How to calculate freight revenue per ton mile?
KEY: R = revised; U = data are not available; N = data does not exist. a For 1990 and later, air carriers that did not report both financial data and all months of traffic data for a given period were excluded from the calculations. Cargo revenue includes both scheduled and charter property revenue and mail revenue.
What was freight revenue per ton in 1985?
1985: U.S. Department of Transportation, Bureau of Transportation Statistics, Office of Airline Information, Air Carrier Traffic Statistics (Washington, DC: Annual December Issues) (freight revenue ton-miles).
Where can I find air freight ton miles?
U.S. Department of Transportation, Bureau of Transportation Statistics, Office of Airline Information, TranStats Database, T1: U.S. Air Carrier Traffic and Capacity Summary by Service Class, available at https://www.transtats.bts.gov/Fields.asp as of Jul. 20, 2020. Difference between total of all modes, and sum of other modes.