F584 Transport Economics
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Air pollution 'public health crisis'

Air pollution 'public health crisis' | F584 Transport Economics | Scoop.it
Adam Dean's insight:

Air pollution an external cost - negative production externalities.

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London 'could get car-free Sundays'

London 'could get car-free Sundays' | F584 Transport Economics | Scoop.it
Adam Dean's insight:

London, like Jakarta, is densely populated and heavily congested. This is a nice example of policy borrowing - let's see what works elsewhere and then adopt. There is nothing like an outright ban to encourage modal switch, but at what cost?  Could this be London's next sustainable transport policy?

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36,000 trains cancelled since 2012

36,000 trains cancelled since 2012 | F584 Transport Economics | Scoop.it
Adam Dean's insight:

An argument for privatisation is that the nature of competitive markets force firms to be more efficient resulting in higher levels of customer service and lower prices for consumers as firms seek to minimise costs. 36,000 cancellations and 5,808 train failures since 2012 for just ONE franchise seem to suggest that the reality is somewhat different. Perhaps the £170m infrastructure investment by Network Rail (partly funded by the taxpayer) will help.

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Miliband in English buses pledge

Miliband in English buses pledge | F584 Transport Economics | Scoop.it
Adam Dean's insight:

Labour pledge to improve bus services outside of the capital. Remember bus journeys outside of London have fallen since deregulation in the 1980s. Will Labour's plan reverse this trend? Unsurprisingly, Stagecoach Chief Exec does not think so.

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Is Sweden right to ban PPPs?

Is Sweden right to ban PPPs? | F584 Transport Economics | Scoop.it
Sweden is denying greater efficiencies by keeping transport infrastructure a government-only operation, argues Björn Hasselgren
Adam Dean's insight:

The case for PPPs in Sweden.

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Ryanair: Squeezing eight more on board will give passengers 'more' room, claims budget airline

Ryanair: Squeezing eight more on board will give passengers 'more' room, claims budget airline | F584 Transport Economics | Scoop.it
With a flourish of 21st-century alchemy, Ryanair has promised that squeezing eight more people into its planes will provide passengers with extra legroom.
Adam Dean's insight:

Great article here looking at Ryanair's objectives, competition, and dynamic efficiency.

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Car hire prices 'unfairly vary'

Car hire prices 'unfairly vary' | F584 Transport Economics | Scoop.it
Adam Dean's insight:

Car hire price discrimination based on country of residence ruled illegal by the EU.

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Adam Dean's curator insight, August 13, 2014 6:53 AM

Car hire price discrimination based on country of residence ruled illegal by the EU.

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Taxis are striking against the Uber cab-booking app. Good. It's high time cabbies faced proper competition – Telegraph Blogs

Taxis are striking against the Uber cab-booking app. Good. It's high time cabbies faced proper competition – Telegraph Blogs | F584 Transport Economics | Scoop.it
London taxi drivers are the new London Underground drivers – going on strike over new technology. Up to 12,000 cabbies are expected to strike tomorrow. The new technology in this instance is a humble smartphone app called Uber. The app uses GPS to calculate the time a journey has taken and the distance a driver [...]
Adam Dean's insight:

Nice article looking at how a new smartphone app increases contestability in the taxi market. London taxi drivers are protected by legal barriers to entry - this can lead to monopolistic behaviour, including high prices. Uber threatens the luxury of such barriers, hence the strike action.

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Mind le gap! France spends $15 billion on trains that are too fat for 1,300 station platforms

Mind le gap! France spends $15 billion on trains that are too fat for 1,300 station platforms | F584 Transport Economics | Scoop.it
The country that brought the TGV high-speed train to Europe has accidentally created another first – the TFT, or the Too Fat Train.
Adam Dean's insight:

Nice example of x-inefficiency in a state monopoly.

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London will come to a standstill if we delay Crossrail 2 | City A.M.

London will come to a standstill if we delay Crossrail 2 | City A.M. | F584 Transport Economics | Scoop.it
LONDON will start grinding to a halt if Crossrail 2 – the proposed new north-south rail line for the capital – isn’t built by 2030.
Adam Dean's insight:

A case for Crossrail 2.

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Network Rail Admits Punctuality Failures

Network Rail Admits Punctuality Failures | F584 Transport Economics | Scoop.it
Network Rail tells Sky News that missing regulatory targets is "disappointing" as the firm is reported to be facing a £70m fine.

Via Geoff Riley
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Geoff Riley's curator insight, March 30, 2014 3:37 AM

State-owned Network Rail is failing to meet punctuality targets according to this report - a reminder of the broader objectives that this business has as part of the public sector.

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A third off rail travel - but only if you go as a couple: New £30 railcard will give discounts for taking the train together

A third off rail travel - but only if you go as a couple: New £30 railcard will give discounts for taking the train together | F584 Transport Economics | Scoop.it
The Two Together railcard, which will launch on Monday, will give couples a third off their rail journeys and is designed to lure those who currently find it cheaper to drive.
Adam Dean's insight:

Third degree price discrimination - couples get a discount on off-peak fares.

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All aboard!

All aboard! | F584 Transport Economics | Scoop.it
A desire named streetcar A TINY scarlet hut on Auburn Avenue in Atlanta, Thelma’s Kitchen and Rib Shack, serves up world-beating catfish and grits. Demand for its...
Adam Dean's insight:

Short, but very insightful piece, on the wider benefits of public sector investment in transport infrastructure. Social benefits include increased social mobility, local multiplier effects, and reduced congestion. All part of a wider sustainable and integrated transport policy.

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UK's first 'poo bus' starts running

UK's first 'poo bus' starts running | F584 Transport Economics | Scoop.it
Adam Dean's insight:

Nice example here of sustainable transport. A bus run on human excrement (+ other waste) helps to reduce our demand for non-renewable energy.

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Heathrow and Gatwick expansion plans more costly than airports claim

Heathrow and Gatwick expansion plans more costly than airports claim | F584 Transport Economics | Scoop.it
Airport commission says proposals will cost up to £3.4bn more than estimated, meaning higher fares for passengers are likely

Via Phil Hensman
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Phil Hensman's curator insight, November 11, 2014 6:43 AM

Cost Benefit Analysis: Only works if the figures are accurate...

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India seeks foreign investment for crumbling railways - Telegraph

India seeks foreign investment for crumbling railways - Telegraph | F584 Transport Economics | Scoop.it
The state-run train network needs an "immediate course correction" after decades of mismanagement, the country's railways minister said
Adam Dean's insight:

Railways policy in India - some good stuff here on funding, PPP, and pricing.

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Looming London transport crisis 'risks sparking riots', says TfL chief

Looming London transport crisis 'risks sparking riots', says TfL chief | F584 Transport Economics | Scoop.it
Sir Peter Hendy says there could be social unrest if low-paid workers now living on the outskirts of the capital cannot easily commute, writes Gwyn Topham
Adam Dean's insight:

London's transport capacity is growing, but is it enough? This article warns of social unrest and disadvantages to low income workers if capacity expansion fails to keep pace with rising demand.

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East Coast rail increases profit

East Coast rail increases profit | F584 Transport Economics | Scoop.it
Adam Dean's insight:

We are seeing an increasing trend in successful state run operations competing against private firms in once nationalised industries. National or local government run operations are now controlling water supplies in parts of continental Europe, here the East Coast continues to perform well after a private operator failed to deliver. Excellent example to include in any rail privatisation essay that may appear in F584.

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Labour plan to part nationalise rail

Labour plan to part nationalise rail | F584 Transport Economics | Scoop.it
Adam Dean's insight:

State run rail firm set to rival for-profit firms in future UK rail franchises.

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George Osborne: HS2 will build an economic 'northern powerhouse' - Telegraph

George Osborne: HS2 will build an economic 'northern powerhouse' - Telegraph | F584 Transport Economics | Scoop.it
Chancellor George Osborne has told an audience in Manchester that an upgraded, high-speed link between the city and Leeds should be considered as part of the review of the second phase of the HS2 project
Adam Dean's insight:

HS2 and regional multipliers.

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Heathrow expects £100bn boost for Britain from new runway - Telegraph

Heathrow expects £100bn boost for Britain from new runway - Telegraph | F584 Transport Economics | Scoop.it
Battle to expand airport capacity airports hots up as Heathrow and Gatwick submit final plans
Adam Dean's insight:

Heathrow expansion and multiplier effects.

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Deputy Prime Minister takes 'green' cars up a gear - Press releases - GOV.UK

Deputy Prime Minister takes 'green' cars up a gear - Press releases - GOV.UK | F584 Transport Economics | Scoop.it
£500 million to get more drivers into ultra low emission vehicles.
Adam Dean's insight:

Electric cars coming to a city near you soon....

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A2 Transport Economics

A2 Transport Economics | F584 Transport Economics | Scoop.it
Triple-E-infographic.jpg (4000×1435)

Via Geoff Riley
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Pricing the surge

Pricing the surge | F584 Transport Economics | Scoop.it
NEW competitors always ruffle a few feathers. The unique thing about Uber, a new taxi-market player, is that it seems to have annoyed some of its customers as much...
Adam Dean's insight:

Great piece on taxi markets, contestability, barriers to entry, and price discrimination.

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