Stochastic dynamic switching in fixed and flexible transit services as market entry-exit real options

The first analytical stochastic and dynamic model for optimizing transit service switching is proposed for “smart transit” applications and for operating shared autonomous transit fleets. The model assumes a region that requires many-to-one last mile transit service either with fixed-route buses or flexible-route, on-demand buses. The demand density evolves continuously over time as an Ornstein-Uhlenbeck process. The optimal policy is determined by solving the switching problem as a market entry and exit real options model. Analysis using the model on a benchmark computational example illustrates the presence of a hysteresis effect, an indifference band that is sensitive to transportation system state and demand parameters, as well as the presence of switching thresholds that exhibit asymmetric sensitivities to transportation system conditions. The proposed policy is computationally compared in a 24-hour simulation to a “perfect information” set of decisions and a myopic policy that has been dominant in the flexible transit literature, with results that suggest the proposed policy can reduce by up to 72% of the excess cost in the myopic policy. Computational experiments of the “modular vehicle” policy demonstrate the existence of an option premium for having flexibility to switch between two vehicle sizes.     

Bus Transit Service Reliability and Improvement Strategies: Integrating the Perspectives of Passengers and Transit Agencies in North America

Abstract

Transit agencies are consistently trying to improve service reliability and attract new passengers by employing various strategies. Previous literature reviews have focused on either passengers' or transit agencies' perspectives on service reliability. However, none of the earlier reviews have simultaneously addressed these differing perspectives on service reliability in an integrated manner. In response to this gap in the literature, this paper first reviews previous work on passengers' perspectives of transit service reliability and their response to service adjustments made by different agencies. Second, it analyzes transit agencies' plans and reports regarding their reliability goals and used strategies in order to improve service reliability, while looking at the impacts of these strategies on service. Reviewing these two parts together provides a needed contribution to the literature from a practical viewpoint since it allows for the identification of gaps in the public transit planning and operations field in the area of reliability and provides transit planners and decision makers with effective and valuable policy-relevant information.     

Social distancing in public transport: mobilising new technologies for demand management under the Covid-19 crisis

Dense urban areas are especially hardly hit by the Covid-19 crisis due to the limited availability of public transport, one of the most efficient means of mass mobility. In light of the Covid-19 pandemic, public transport operators are experiencing steep declines in demand and fare revenues due to the perceived risk of infection within vehicles and other facilities. The purpose of this paper is to explore the possibilities of implementing social distancing in public transport in line with epidemiological advice. Social distancing requires effective demand management to keep vehicle occupancy rates under a predefined threshold, both spatially and temporally. We review the literature of five demand management methods enabled by new information and ticketing technologies: (i) inflow control with queueing, (ii) time and space dependent pricing, (iii) capacity reservation with advance booking, (iv) slot auctioning, and (v) tradeable travel permit schemes. Thus the paper collects the relevant literature into a single point of reference, and provides interpretation from the viewpoint of practical applicability during and after the pandemic.

     

Exploring the capacity of social media data for modelling travel behaviour: Opportunities and challenges

In the past few years, the social science literature has shown significance attention to extracting information from social media to track and analyse human movements. In this paper the transportation aspect of social media is investigated and reviewed. A detailed discussion is provided about how social media data from different sources can be used to indirectly and with minimal cost extract travel attributes such as trip purpose, mode of transport, activity duration and destination choice, as well as land use variables such as home, job and school location and socio-demographic attributes including gender, age and income. The evolution of the field of transport and travel behaviour around applications of social media over the last few years is studied. Further, this paper presents results of a qualitative survey from travel demand modelling experts around the world on applicability of social media data for modelling daily travel behaviour. The result of the survey reveals positive view of the experts about usefulness of such data sources.     

Dockless bike-sharing systems: what are the implications?

ABSTRACT

The emergence of dockless bike-sharing services has revolutionised bike-sharing markets in recent years, and the dramatic growth of shared bike fleets in China, as well as their rapid expansion throughout the world, exceeds prior expectations. An understanding of the impacts of these new dockless bike-sharing systems is of vital importance for system operations, transportation and urban planning research. This paper provides a first overview of the emerging literature on implications of dockless bike-sharing systems for users' travel behaviour, user experience, and relevant social impacts of dockless bike-sharing systems. Our review suggests that the dockless design of bike-sharing systems significantly improves users' experiences at the end of their bike trips. Individuals can instantly switch to a dockless shared bike without the responsibility of returning it back to a designated dock. Additionally, the high flexibility and efficiency of dockless bike-sharing often makes the bike-sharing systems' integration with public transit even tighter than that of traditional public bikes, providing an efficient option for first/last-mile trips. The GPS tracking device embedded in each dockless shared bike enables the unprecedented collection of large-scale riding trajectory data, which allow scholars to analyse people's travel behaviour in new ways. Although many studies have investigated travel satisfaction amongst cyclists, there is a lack of knowledge of the satisfaction with bikeshare trips, including both station-based and dockless bikeshare systems. The availability and usage rates of dockless bike-sharing systems implies that they may seriously impact on individuals' subjective well-being by influencing their satisfaction with their travel experiences, health and social participation, which requires further exploration. The impact of dockless bike-sharing on users' access to services and social activities and the related decreases in social exclusion are also relevant issues about which knowledge is lacking. With the increases in popularity of dockless shared bikes in some cities, issues related to the equity and access and the implications for social exclusion and inequality are also raised.     

Toward using social media to support ridesharing services: challenges and opportunities

Ridesharing has been attracting increasing attention from both academia and industry. One of the challenges posed by the study of ridesharing is to identify the most valuable information for improving the ridesharing decisions taken by participants. Another challenge is to use harvesting techniques to extract specific types of travel-related information. Many methods have been developed by the community in order to solve these issues. However, due to a lack of information sharing between different transit authorities and the difficulty of identifying subjective perceptions of the experience of ridesharing, understanding and evaluating how social media data might support or obstruct goals for mobility, safety and environmental sustainability in ridesharing is a difficult task. In this survey, we first analyze the literature on ridesharing with a focus on the properties and model of service, and introduce a framework to describe the major components required for a ridesharing service. Then, we illustrate the potential value of information extracted from social media and present the rationale for harvesting travel-related data. Finally, we detail some possible directions and different approaches for using social media data, and highlight their assets and drawbacks.     

A distributed origin–destination demand estimation approach for real-time traffic network management

Abstract

This paper describes a distributed recursive heuristic approach for the origin–destination demand estimation problem for real-time traffic network management applications. The distributed nature of the heuristic enables its parallelization and hence reduces significantly its processing time. Furthermore, the heuristic reduces dependency on historical data that are typically used to map the observed link flows to their corresponding origin–destination pairs. In addition, the heuristic allows the incorporation of any available partial information on the demand distribution in the study area to improve the overall estimation accuracy. The heuristic is implemented following a hierarchal multi-threading mechanism. Dividing the study area into a set of subareas, the demand of every two adjacent subareas is merged in a separate thread. The merging operations continue until the demand for the entire study area is estimated. Experiments are conducted to examine the performance of the heuristic using hypothetical and real networks. The obtained results illustrate that the heuristic can achieve reasonable demand estimation accuracy while maintaining superiority in terms of processing time.     

Integrated transit services for minimum cost operation considering heterogeneous demand

Abstract

In large metropolitan areas, public transit is a major mode choice of commuters for their daily travel, which has an important role in relieving congestion on transportation corridors. The purpose of this study is to develop a model which optimizes service patterns (SPs) and frequencies that yield minimum cost transit operation. Considering a general transit route with given stops and origin-destination demand, the proposed model consists of an objective total cost function and a set of constraints to ensure frequency conservation and sufficient capacity subject to operable fleet size. A numerical example is provided to demonstrate the effectiveness of the developed model, in which the demand and facility data of a rail transit route were given. Results show that the proposed model can be applied to optimize integrated SPs and headways that significantly reduce the total cost, while the resulting performance indicators are generated.     

Heuristic policy analysis of regional land use,transit, and travel pricing scenarios using two urban models

To address some of the uncertainties inherent in large-scale models, two very different urban models, an advanced travel demand model and an integrated land use and transportation model, are applied to evaluate land use, transit, and auto pricing policies in the Sacramento, CA (US), region. The empirical and modeling literature is reviewed to identify effective land use, transit, and pricing policies and optimal combinations of those policies and to provide a comparative context for the results of the simulation. The study illustrates several advantages of this approach for addressing uncertainty in large-scale models. First, as Alonso [Predicting the best with imperfect data, AIP Journal (1968)] asserts, the intersection of two uncertain models produces more robust results than one grand model. Second, the process of operationalizing policy sets exemplifies the theoretical and structural differences in the models. Third, a comparison of the results from multiple models illustrates the implications of the respective models' strengths and weaknesses and may provide some insights into heuristic policy strategies. Some of the key findings in this study are (1) land use and transit policies may reduce vehicle miles traveled (VMT) and emissions by about 5–7%, and the addition of modest auto pricing policies may increase the reduction by about 4–6% compared to a future Base Case scenario for a 20-year time horizon; (2) development taxes and land subsidy policies may not be sufficient to generate effective transit-oriented land uses without strict growth controls elsewhere in the region; and (3) parking pricing should not be imposed in areas served by light rail lines and in areas in which increased densities are promoted with land subsidy policies.     

Not All Transfers Are Created Equal: Towards a Framework Relating Transfer Connectivity to Travel Behaviour

Abstract

Walking from origins to transit stops, transferring between transit lines and walking from transit stops to destinations—all add to the burden of transit travel, sometimes to a very large degree. Transfers in particular can be stressful and/or time‐consuming for travellers, discouraging transit use. As such, transit facilities that reduce the burdens of walking, waiting and transferring can substantially increase transit system efficacy and use. In this paper, we argue that transit planning research on transit stops and stations, and transit planning practice frequently lack a clear conceptual framework relating transit waits and transfers with what we know about travel behaviour. Therefore, we draw on the concepts of transfer penalties and value of time in the travel behaviour/economics literature to develop a framework that situates transfer penalties within the total travel generalized costs of a transit trip. For example, value of time is important in relating actual time of waiting and walking to the perceived time of travel. We also draw on research to classify factors most important to users’ perspectives and travel behaviour—transfer costs, time scheduling and five transfer facility attributes: (1) access, (2) connection and reliability, (3) information, (4) amenities, and (5) security and safety. Using this framework, we seek to explicitly relate improvements of transfer stops/stations with components of transfer penalties and changes in travel behaviour (through a reduction in transfer penalties). We conclude that the employment of such a framework can help practitioners better apply the most effective improvements to transit stops and transfer facilities.     

A fuzzy-stochastic optimization model for the intermodal fleet management problem of an international transportation company

ABSTRACT

In this paper, a fuzzy-stochastic optimization model is developed for an intermodal fleet management system of a large international transportation company. The proposed model integrates various strategic, tactical and operational level decisions simultaneously. Since real-life fleet planning problems may involve different types of uncertainty jointly such as randomness and fuzziness, a hybrid chance-constrained programming and fuzzy interactive resolution-based approach is employed. Therefore, stochastic import/export freight demand and fuzzy transit times, truck/trailer availabilities, the transport capacity of Ro-Ro vessels, bounds on block train services, etc. can also be taken into account concurrently. In addition to minimize overall transportation costs, optimization of total transit times and CO₂ emission values are also incorporated in order to provide sustainable fleet plans by maximizing customer satisfaction and environmental considerations. Computational results show that effective and efficient fleet plans can be produced by making use of the proposed optimization model.     

Modeling transit technology selection in a linear transportation corridor

This paper proposes an analytical model for investigating transit technology selection problem from a perspective of transit authority. Given a transit technology alternative (e.g., metro, light rail transit, or bus rapid transit), the proposed model aims to maximize the social welfare of the transit system by determining the optimal combination of transit line length, number of stations, station location (or spacing), headway, and fare. In the proposed model, the effects of passenger demand elasticity and capacity constraint are explicitly considered. The properties of the model are examined analytically, and a heuristic solution procedure for determining the model solution is presented. By comparing the optimized social welfare for different transit technology alternatives, the optimal transit technology solution can be obtained together with critical population density. On the basis of a simple population growth rate formula, optimal investment timing of a new transit technology can be estimated. The proposed methodology is illustrated in several Chinese cities. Insightful findings are reported on the interrelation among transit technology selection, population density, transit investment cost, and transit line parameter design as well as the comparison between social welfare maximization and profit maximization regimes. Copyright © 2014 John Wiley & Sons, Ltd.     

The cost of equity: Assessing transit accessibility and social disparity using total travel cost

Social equity is increasingly incorporated as a long-term objective into urban transportation plans. Researchers use accessibility measures to assess equity issues, such as determining the amount of jobs reachable by marginalized groups within a defined travel time threshold and compare these measures across socioeconomic categories. However, allocating public transit resources in an equitable manner is not only related to travel time, but also related to the out-of-pocket cost of transit, which can represent a major barrier to accessibility for many disadvantaged groups. Therefore, this research proposes a set of new accessibility measures that incorporates both travel time and transit fares. It then applies those measures to determine whether people residing in socially disadvantaged neighborhoods in Montreal, Canada experience the same levels of transit accessibility as those living in other neighborhoods. Results are presented in terms of regional accessibility and trends by social indicator decile. Travel time accessibility measures estimate a higher number of jobs that can be reached compared to combined travel time and cost measures. However, the degree and impact of these measures varies across the social deciles. Compared to other groups in the region, residents of socially disadvantaged areas have more equitable accessibility to jobs using transit; this is reflected in smaller decreases in accessibility when fare costs are included. Generating new measures of accessibility combining travel time and transit fares provides more accurate measures that can be easily communicated by transportation planners and engineers to policy makers and the public since it translates accessibility measures to a dollar value.     

A decision support system for port selection

Abstract

A number of studies have been carried out on the factors determining port choice, derived from the perspectives of shippers, carriers or both. Recently, some studies using multi-criteria analysis, more specifically Saaty's analytical hierarchy process (AHP), have been undertaken to address port competitiveness and port selection by shipping lines. Based on a review of the literature on port selection, this article proposes a decision support system (DSS) for port selection using AHP methodology. The proposed DSS is web-based and thus it can be accessed by more decision makers and data collection can be carried out faster. Moreover, AHP addresses the issue of how to structure a complex decision problem, identify its criteria, measure the interaction among them and finally synthesise all the information to arrive at priorities, which depict preferences. AHP is able to assist port managers in obtaining a detailed understanding of the criteria and address the port selection problem utilising multi-criteria analysis. This article presents the architecture and the port selection procedure of the web-based DSS, and then illustrates three different cases. It shows how technology advancement can bring positive effects of strategic planning to shipping firms.     

Where Is My Bus? Impact of mobile real-time information on the perceived and actual wait time of transit riders

In order to attract more choice riders, transit service must not only have a high level of service in terms of frequency and travel time but also must be reliable. Although transit agencies continuously work to improve on-time performance, such efforts often come at a substantial cost. One inexpensive way to combat the perception of unreliability from the user perspective is real-time transit information. The OneBusAway transit traveler information system provides real-time next bus countdown information for riders of King County Metro via website, telephone, text-messaging, and smart phone applications. Although previous studies have looked at traveler response to real-time information, few have addressed real-time information via devices other than public display signs. For this study, researchers observed riders arriving at Seattle-area bus stops to measure their wait time while asking a series of questions, including how long they perceived that they had waited.The study found that for riders without real-time information, perceived wait time is greater than measured wait time. However, riders using real-time information do not perceive their wait time to be longer than their measured wait time. This is substantiated by the typical wait times that riders report. Real-time information users say that their average wait time is 7.5 min versus 9.9 min for those using traditional arrival information, a difference of about 30%. A model to predict the perceived wait time of bus riders was developed, with significant variables that include the measured wait time, an indicator variable for real-time information, an indicator variable for PM peak period, the bus frequency in buses per hour, and a self-reported typical aggravation level. The addition of real-time information decreases the perceived wait time by 0.7 min (about 13%).A critical finding of the study is that mobile real-time information reduces not only the perceived wait time, but also the actual wait time experienced by customers. Real-time information users in the study wait almost 2 min less than those arriving using traditional schedule information. Mobile real-time information has the ability to improve the experience of transit riders by making the information available to them before they reach the stop.     

Why do people fare evade? A global shift in fare evasion research

ABSTRACT

Fare evasion is a significant concern for most transit authorities. The traditional approach to fare compliance has focussed on modifying the physical control of ticketing or ticket inspection rates. Yet recently the perspective on fare evasion has begun to shift toward profiling the fare evader or understanding the customer motivations to fare evade. This paper uses a literature review method to document the characteristics of these three perspectives on fare evasion: the conventional transit system perspective, the customer profiling perspective and the customer motivations perspective. We find that the conventional transit system perspective, although straightforward to measure and control, has its limits particularly in “open” transit systems. The customer profiling perspective attempts to identify, based on demographics, which customers are more likely to fare evade. However this perspective has little use beyond profiling and is ethically questionable. The customer motivations perspective provides a richer understanding of how customers define fare evasion and what attitudes, social norms and circumstances motivates them to fare evade. Considering that between 20% and 40% of a city’s residents admit to fare evading at some point, understanding these complex motivations can help improve revenue compliance at a time when most governments heavily subsidise their transit systems.     

Bus running time prediction using a statistical pattern recognition technique

Abstract

Given that real-time bus arrival information is viewed positively by passengers of public transit, it is useful to enhance the methodological basis for improving predictions. Specifically, data captured and communicated by intelligent systems are to be supplemented by reliable predictive travel time. This paper reports a model for real-time prediction of urban bus running time that is based on statistical pattern recognition technique, namely locally weighted scatter smoothing. Given a pattern that characterizes the conditions for which bus running time is being predicted, the trained model automatically searches through the historical patterns which are the most similar to the current pattern and on that basis, the prediction is made. For training and testing of the methodology, data retrieved from the automatic vehicle location and automatic passenger counter systems of OC Transpo (Ottawa, Canada) were used. A comparison with other methodologies shows enhanced predictive capability.     

Short-term impact analysis of fuel price policy change on travel demand in Malaysian cities

Abstract

Malaysia is one of the few countries in the world that provides a fuel subsidy to consumers. Due to the recent economic crisis, the Malaysian Government decided to revise its fuel subsidization policy from a fixed price subsidy to a floating price subsidy dependent on global oil demand. Recognizing that the change in fuel subsidization policy can have an impact on travel behavior, this article investigates the short-term impact of the policy change on private and public transportation in the Klang Valley region of Malaysia. Spectral analyses are performed to investigate if the policy change has an impact on private vehicle travel demand, measured in terms of road traffic, and short-term travel demand elasticity with respect to fuel price is estimated. To measure the impact on the public transportation system, the demand cross-elasticity values of rail transit and buses are also estimated. It was found that traffic flow reduces with an increase in fuel price, although elasticity and cross-elasticity values obtained are low. The article finds that there is a potential mode shift from private vehicles to rail transit with increasing fuel price. It is demonstrated that reducing fuel price subsidy can be an effective travel demand management strategy to alleviate congestion.     

Demand responsive transit systems with time-dependent demand: User equilibrium,system optimum,and management strategy

The operating cost of a demand responsive transit (DRT) system strictly depends on the quality of service that it offers to its users. An operating agency seeks to minimize operating costs while maintaining the quality of service while users experience costs associated with scheduling, waiting, and traveling within the system. In this paper, an analytical model is employed to approximate the agency's operating cost for running a DRT system with dynamic demand and the total generalized cost that users experience as a result of the operating decisions. The approach makes use of Vickrey's (1969) congestion theory to model the dynamics of the DRT system in the equilibrium condition and approximate the generalized cost for users when the operating capacity is inadequate to serve the time-dependent demand over the peak period without excess delay. The efficiency of the DRT system can be improved by optimizing one of three parameters that define the agency's operating decision: (1) the operating capacity of the system, (2) the number of passengers that have requested a pick-up and are awaiting service, and (3) the distribution of requested times for service from the DRT system. A schedule management strategy and dynamic pricing strategies are presented that can be implemented to manage demand and reduce the total cost of the DRT system by keeping the number of waiting requests optimized over the peak period. In the end, proposed optimization strategies are compared using a numerical example.