Market-based pricing for road freight transportation

Author:

Aksentev A. A.1ORCID

Affiliation:

1. Kuban State University

Abstract

The specifics of market pricing in the Russian road freight transport market by means of correlation and regression analysis have been studied. Statistically significant factors have been highlighted, and mathematical models have been constructed. The influence of fictitious variables (body type) that improve the quality of the calculated values has been noted. Regression equations useful for determining the average market value of tariffs have been drawn up, which, when compared to actual tariffs, may indicate the adequacy of freight transactions. The results of transport companies registered in the Krasnodar region have been considered. A differentiated approach has been justified, requiring enterprises to be divided into revenue growth groups in order to identify differences in profitability and its sustainability. The limitations and shortcomings of the mathematical model, which do not allow us to make an unambiguous conclusion about the unprofitable and low-margin nature of the industry, have been considered. Areas for future research have been suggested. 

Publisher

State University of Management

Reference12 articles.

1. Aksentiev A. A. Analysis of the price situation in the market of road transportation in Russia, Bulletin NGIEI, 2021, no. 2 (117), pp. 62–74. (In Russian). https://doi.org/10.24411/2227-9407-2021-10016

2. Aksentiev A. A. Research of the road cargo transportation market in Russia: price aspect, Bulletin NGIEI, 2020, no. 10 (113), pp. 61–72. (In Russian). https://doi.org/10.24411/2227-9407-2020-10095

3. Yakushova Ye. S. The heavy financial burden of road transport in the Russian Federation, The All-Russian ECO Journal, 2017, vol. 47, no. 12, pp. 51–59. (In Russian).

4. AutoTransInfo – freight exchange. Available at: https://ati.su/ (accessed 30.09.2021).

5. Russia in Numbers. 2020: A Brief Statistical Collection, Federal State Statistics Service (Rosstat). Available at: https://rosstat.gov.ru/storage/mediabank/GOyirKPV/Rus_2020.pdf (accessed 30.09.2021).

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