Managed lane operations--adjusted time of day pricing vs. near-real time dynamic pricing : summary.
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2012-01-01
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By Yin, Yafeng
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Abstract:In 2008, the Florida Department of Transportation began implementing the 95 Express, a segment of I-95 in Miami with high occupancy toll (HOT) lanes. Some vehicles use HOT lanes free, but most vehicles pay a toll based on real-time traffic conditions. HOT lanes reduce congestion by separating high occupancy vehicles from single-occupant vehicles or separating long-distance travelers from those using the highway within a few exits. HOT lanes contribute to increased mobility by moving people in high occupancy vehicles and bus rapid transit, while allowing the additional managed lane capacity to be fully utilized by single-occupant vehicle customers willing to pay a toll.
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