Development of a Cost Estimation Framework for Potential Transload Facilities. Issue 9 (December 2018)

• Record Type: Journal Article
• Authors: Smith, Sadie; Braham, Andrew; Hernandez, Sarah; Kent, John
• Is Part Of: Transportation research record. Volume 2672:Issue 9(2018)
• Page Start: 24
• Page End: 34
• Publication Date: 2018-12
• Subjects: Transportation -- Periodicals; Roads; Transport -- Périodiques; Routes -- Périodiques; Routes -- Conception et construction -- Périodiques; Roads; Transportation; 388.05
• DOI: 10.1177/0361198118774690
• Languages: English
• ISSNs: 0361-1981

Abstract

As the cost of transportation continues to rise and there is a growing push for a more environmentally friendly transportation network, optimizing mode distributions becomes an attractive solution. One way to optimize mode distributions is through strategically located freight transfer facilities, such as transload facilities. While there are many benefits to this type of facility, such as the emissions savings or pavement damage reductions garnered by shifting commodity tonnage onto alternative modes of transport, it is also essential that transportation planners understand the costs associated with building transload facilities. Unfortunately, literature does not provide an adequately disaggregated and scalable cost estimation approach that could be applied to various configurations and types of transload facilities. In this research, a cost estimation framework was created to determine the basic cost of transload facilities by type using unit costs from a construction cost database, equipment costs from local dealers, the projected commodity tonnage, design recommendations from literature, and survey responses from local facilities. A case study based upon proposed facilities in Arkansas was completed to illustrate the effectiveness of this methodology. While there is currently no construction design for these facilities, this framework yielded costs consistent with those expected. A key finding was that storage costs could account for up to 81% of a transload facility's costs. Overall, this cost framework is believed to balance general scalability with accuracy well to provide reasonable cost estimations for constructing new or expanded facilities.