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The role of contracts in achieving effective governance of intermodal terminals

Bergqvist, Rickard; Monios, Jason

Authors

Rickard Bergqvist

Jason Monios



Abstract

Public sector actors often provide financial or planning support to intermodal terminal developments with the aim of achieving societal benefits through modal shift from road haulage to rail transport. Once operational, such terminals exhibit a variety of governance models with varying levels of power and responsibility shared between public and private actors. This paper reviews a selection of contracts between rail infrastructure owners, terminal owners, terminal operators and rail operators in order to determine the incentives, commitments and risks involved in specifying such responsibilities between actors. The two markets analysed are Sweden and the UK, with similar histories of liberalisation of rail operations. In the Swedish context, terminal infrastructure owners, usually public actors, want to act as landlords but continuously find themselves involved in daily operational and commercial situations. In the UK, long leases on token rents mean that few commitments or investments are required by private operators as long as they remain in use and allow open access. Policy implications are discussed and recommendations made for future research.

Journal Article Type Article
Publication Date 2014
Deposit Date Jul 28, 2014
Publicly Available Date May 16, 2017
Journal World Review of Intermodal Transportation Research
Electronic ISSN 1749-4729
Publisher Inderscience
Peer Reviewed Peer Reviewed
Volume 5
Issue 1
Pages 18
DOI https://doi.org/10.1504/writr.2014.065040
Keywords Governance; Intermodal terminals; Regulation; Policy; Rail Freight; Public-Private Partnerships; Risk; Lease;
Public URL http://researchrepository.napier.ac.uk/id/eprint/6953
Publisher URL http://dx.doi.org/10.1504/WRITR.2014.065040
Contract Date May 16, 2017

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