01592813

Component

https://doi.org/10.3141/2597-16

The trucking industry depends critically on the National Highway System and in particular on the Interstates. With a design life of less than 50 years, the Interstate corridors are aging, and most will need reconstruction over the next two decades. Many corridors—especially those used heavily by trucking companies—also will need widening. This paper reviews several funding alternatives for the reconstruction and widening of the Interstate system, with a focus on the needs and concerns of the trucking industry. After concluding that toll financing may be the least-bad alternative for this estimated trillion-dollar set of projects, the paper addresses the trucking industry’s long-standing and current concerns about the expanded use of tolling. The paper seeks to develop a value proposition for that industry (as well as for other Interstate highway users). The value proposition builds on recent developments in all-electronic tolling technology, current trucking industry uses of this technology, and policy changes aimed to guarantee that tolls used for Interstate modernization will be pure user fees, used solely for the capital and operating costs of the revamped system.

01587307

16-1353

English

pp 123–130

2016

Transportation Research Record: Journal of the Transportation Research Board

9780309370028

Print

References (22)

Financing; Infrastructure; Interstate highways; Reconstruction; Tolls; Trucking

Economics; Finance; Highways; Maintenance and Preservation; Planning and Forecasting; Policy

TRIS, TRB, ATRI

Jan 12 2016 4:36PM

• Activity-Based Computation of Marginal Noise Exposure Costs: Implications for Traffic Management
• Crowd Financing for Public–Private Partnerships in the United States: How Would It Work?
• Development of a Fuel Consumption and Mileage Allocation Model to Support Mileage-Based User Fee Research in Washington State
• Economic Analysis of 65 mph Speed Limits on Rural Highways
• Economic Analysis of Freeway Speed Limit Policy Alternatives
• Governance of Public–Private Partnerships and Infrastructure Delivery: Case of the Milan, Italy, Metro Line M4
• Illustration of a Framework for Benefit–Cost Evaluation of Highway Concession Proposals
• Impact of New Tolls on Existing Roadway Facilities: Hampton Roads, Virginia, Experience
• Importance of Recognizing Locational Differences in Assessing the Impact of a Road User Charge: Oregon Case Study
• Integrating Automated Toll Discounts into a Real-Time Ridesharing Program
• Integrating Multiple Economic Analysis Methods for More Effective Decision Making: Three-Dimensional Framework
• Market Penetration Model for Autonomous Vehicles on the Basis of Earlier Technology Adoption Experience
• Price Elasticity of Demand on the High-Speed Rail Lines of Spain: Impact of the New Pricing Scheme
• Updating State and Local Highway Cost Allocation and Revenue Attribution: A Case Study for Indiana
• Value of Travel Time: To Differentiate or Not to Differentiate?