Freight Benefit/Cost Study Phase III: Analysis of Regional Benefits of Highway-Freight Improvements
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2008-01-01
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Abstract:The Freight Benefit/Cost Study is a multi-year effort originating in the Federal Highway Administration, Office of Freight Management and Operations, supported by HDR/HLB Decision Economics and ICF International. The Freight Benefit/Cost Study project has gone through three phases of development. Phase I focused on developing the theory and logic. Phase II determined the sensitivity of a firm to infrastructural investment on a national level. This phase, (Phase III) establishes the approach, sensitivities and data inputs required to calculate long-term benefits of highway-freight infrastructural investment on a regional level and will investigate the construction of a tool for state and local entities to estimate additional benefits derived though logistics rearrangements from highway performance improvements.
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