|
|
|
Title: TRB Special Report: Funding Options for Freight Transportation Projects
Accession Number: 01174659
Record Type: Component
Availability: Transportation Research Board Business Office 500 Fifth Street, NW Find a library where document is available Abstract: During the 1990s, capacity constraints became evident in parts of the U.S. freight transportation system, the consequence of economic and population growth and changing patterns of domestic and global commerce. The constraints impaired economic productivity, but resolving them taxed the institutional and financial capacities of public- and private-sector transportation providers. The most visible problems were congestion at certain important nodes of the system--for example, at the largest seaports and at terminal operations at inland hubs like Chicago, and their surrounding areas. Improving freight flow at congested locations is a complex undertaking, requiring cooperative action by state and local government jurisdictions, federal agencies, and private-sector firms. Typically, the projects are intended to produce a mix of benefits to private firms--such as lower costs to freight carriers and shippers--as well as to local residents and noncommercial travelers--for example, reduced congestion. The projects usually involve coordinated packages of capital and operational improvements at publicly owned facilities, such as ports and highways, and private facilities, such as railroads and terminals. The charge to the Transportation Research Board's Committee for the Study of Funding Options for Freight Transportation Projects of National Significance involved (a) an analysis of the rationale for public investment in freight infrastructure and an assessment of national significance as a criterion for determining federal government responsibility; and (b) an evaluation of alternative finance arrangements for freight infrastructure.
Supplemental Notes: This article is adapted from the Summary of Special Report 297, "Funding Options for Freight Transportation Projects."
Language: English
Pagination: pp 38-42
Publication Date: 2010-7
Serial: Media Type: Print
Features: Photos
(4)
TRT Terms: Uncontrolled Terms: Subject Areas: Finance; Freight Transportation; I10: Economics and Administration
Files: TRIS, TRB
Created Date: Oct 1 2010 2:37PM
More Articles from this Serial Issue:
|
