In preparation for the 5th edition, each chapter is being updated. The revision involves the material as well as graphic material. Figures and maps have also been updated to a common template and to better display in widescreen format. The revision of chapter 1 is now complete.
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Section about air transport completely updated
In preparation for the 5th edition of the textbook, the section about air transportation has been updated (thanks to Dr. John Bowen of Central Washington University).
Continue readingTransportation as a Derived Demand (Update)
Updated the standard economic representation of the derived demand for transportation.
Continue readingCrownless Pineapples in Cold Chain Inspection Room (New)
Palletized Bananas at a Cold Chain Warehouse (New)
The value of the inventory shown on this photo is impressive.
Continue readingReefer power outlet (New)
Wheeled Reefer Storage (New)
Added a new page depicting a basic form of reefer storage at terminals and distribution centers.
Continue readingChanges in the Duration of Selected Scheduled Flights, 1996-2019
In view of rising congestion, airline have responded by extending the scheduled length of their flights, which allows to maintain ‘on-time’ performance. The good news is that recently, airlines have shortened the scheduled duration of many of their flights, which is indicative of better performance.
Continue readingAverage Fares for JFK-LAX Route (New page)
Added a new page discussing the elasticity of airfares, which shows an impressive range.
Continue readingDeclining food prices relative to hourly wages (new page)
Added a new page about the substantially improved affordability of selected food items in terms of equivalent number of hours worked at the prevailing wage. Although that data applies to the United States, it can be assumed that a similar trend applies across most countries, including developing economies.
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