Value of Time Savings as a Factor in Deciding on Route Choice

Abstract

The paper deals with the definition of time savings as a factor in deciding on route choice of a carrier whether to use toll road network. The first part of the paper describes a history of road infrastructure charging in the EU Member States and the USA. Next part analyses the factors affecting decision-making process of a carrier when considering which road infrastructure to use – toll or non-tolled roads. The paper also identifies the value of time savings as a significant factor in route choice.