TRB Pubsindex
Text Size:
x

« Prev Next »

Return to Results | New Search

Bookmark and Share

Title:

VALUE PRICING TOLL PROGRAM AT PORT AUTHORITY OF NEW YORK AND NEW JERSEY: REVENUE FOR TRANSPORTATION INVESTMENT AND INCENTIVES FOR TRAFFIC MANAGEMENT

Accession Number:

00978400

Record Type:

Component

Availability:

Transportation Research Board Business Office

500 Fifth Street, NW
Washington, DC 20001 United States
Order URL: http://www.trb.org/Main/Public/Blurbs/155182.aspx

Find a library where document is available


Order URL: http://worldcat.org/isbn/0309094577

Abstract:

On March 25, 2001, the Value Toll Pricing Program of the Port Authority of New York and New Jersey was introduced at the two tunnels and four bridges that connect New Jersey with New York City. Since that time the program has generated incremental revenue to support an aggressive intermodal capital investment program and has also produced traffic management benefits to address congestion. The program represents one of the most aggressive applications of value pricing on existing toll facilities in the United States. Given the level of congestion experienced in the New York-New Jersey region on a daily basis, the program has generated meaningful steps in addressing traffic congestion through market incentives. The genesis of the program as a revenue enhancement to finance an aggressive new intermodal capital investment program is discussed. The traffic management benefits of the program are then explored, as well as the programs effectiveness in addressing five key policy objectives established for the effort.

Supplemental Notes:

This paper appears in Transportation Research Record No. 1864, Transportation Finance, Economics, and Economic Development 2004.

Monograph Accession #:

00978398

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Muriello, M F
Jiji, D

Pagination:

p. 9-15

Publication Date:

2004

Serial:

Transportation Research Record

Issue Number: 1864
Publisher: Transportation Research Board
ISSN: 0361-1981

ISBN:

0309094577

Features:

Figures (6) ; References (1) ; Tables (3)

Subject Areas:

Economics; Finance; Highways; Society; I10: Economics and Administration

Files:

TRIS, TRB, ATRI

Created Date:

Sep 8 2004 12:00AM

More Articles from this Serial Issue: