Access to Louisiana freight terminals : an intermodal transportation planning framework for needs assessment and funding.
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2002-11-01
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Abstract:The major objectives of this report are to develop a benefit-cost methodology for the evaluation of intermodal projects in statewide transportation planning and to examine an institutional framework conducive to cost sharing by different modal-specific programs in the State Departments of Transportation. In order to find an appropriate institutional framework for intermodal planning, a compendium of current best practices adopted by various states is included. Evidently, better coordination and cooperation among modal-specific programs seems to be the preferred institutional framework for implementation of intermodal transportation projects.
Although some states have novel programs for evaluating intermodal options, the evidence indicates that formal methodology that is unique to intermodal evaluation at the state level does not currently exist. Moreover, there was no formal cost sharing mechanism among state DOT modal-specific programs for funding statewide freight transportation projects.
The major tenet of the study is that in the development of an intermodal project evaluation methodology for the freight sector, public agencies must necessarily incorporate the significant differences in social costs among modes. While the private operators guided by market prices remain the driving force in the freight system, the public policies must be guided by accounting for social costs borne by the public as by products of transportation. Designing public policies quantifying largely intangible social costs of transportation and allocation on the basis of "users pay principle" remains as a key challenge to public policy makers at all levels. This study examines various theoretical and empirical issues involved in estimating social costs and benefits of intermodal projects combining various modal options.
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Main Document Checksum:urn:sha256:5c3b712c6bc5ae4a79d7db8fb64af9d95f8d0059bf09403b5f251a8bded42041
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