Application of the Freight Service Index: A Case Study in Henan Province
22nd COTA International Conference of Transportation Professionals, CICTP 2022
; : 995-1003, 2022.
Article
in English
| Scopus | ID: covidwho-2062372
ABSTRACT
The transportation industry is closely related to the macroeconomic development. The transportation services index (TSI) can be used to measure the relationship between them. The freight services index in Henan Province (HNFSI) is proposed based on the TSI. The HNFSI index is used to analyze the correlation, the periodicity, and the impact of COVID-19 between the development of economic and transportation in Henan Province. The results show that the correlation coefficient between the HNFSI index and the Growth Rate of Industrial Added Value which represents trends in economic development, is 0.745. The freight transportation demand increases with a certain periodicity and regularity. Due to the influence of COVID-19, the HNFSI in January 2020 decreased by 37.7% compared to the same period of 2019, and decreased by 56.3% in February. However, after March 2020, the freight service is greatly improved. © ASCE.
Full text:
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Collection:
Databases of international organizations
Database:
Scopus
Type of study:
Case report
Language:
English
Journal:
22nd COTA International Conference of Transportation Professionals, CICTP 2022
Year:
2022
Document Type:
Article
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