
Freight Demand Modelling
Freight demand modeling is a method used to predict the amount of goods that will need to be transported over a specific time and route. It takes into account factors like economic trends, population growth, and changes in consumer behavior. By analyzing data, businesses and governments can better plan for the transportation of goods, ensuring that infrastructure and services meet future needs. This modeling helps optimize logistics, reduce costs, and improve efficiency, ultimately benefiting the economy and consumers by ensuring products are delivered where and when they are needed.