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.


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    Title :

    Application of the Freight Service Index: A Case Study in Henan Province


    Contributors:
    Xing, Ziwen (author) / Chen, Xumei (author) / Yu, Lei (author)

    Conference:

    22nd COTA International Conference of Transportation Professionals ; 2022 ; Changsha, Hunan Province, China


    Published in:

    CICTP 2022 ; 995-1003


    Publication date :

    2022-09-08




    Type of media :

    Conference paper


    Type of material :

    Electronic Resource


    Language :

    English



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