01054457

Component

The Port Authority of New York and New Jersey implemented a time of day pricing initiative in March 2001. This initiative provided a discount on off-peak tolls on its facilities. Peak toll rates are effective on weekdays from 6-9 AM and 4-7 PM, as well as on weekends from Noon to 8 PM. These crossings carry average daily eastbound traffic of 352,000 vehicles, or more than 126 million eastbound vehicles in 2004. This is, by far, the largest application of road pricing in the United States. Following the implementation of the new pricing structure, the Federal Highway Administration decided to sponsor a multi-year research project aimed at studying the behavioral impacts produced by the time of day pricing initiative. The research project focuses on three main areas: user impacts, traffic impacts, and institutional analyses. This paper discusses the key findings pertaining to the impacts produced by the time of day pricing initiative on the behavior of both passenger and commercial vehicle traffic. It was found that 7.4% of passenger trips and 19.3% of truck trips (20.2% if increasing shipping charges are included) changed behavior due to the time of day pricing initiative.

01042056

07-0269

English

20p

2007

Transportation Research Board 86th Annual Meeting

CD-ROM

Figures (1) ; References (9) ; Tables (6)

Discount fares; Elasticity (Economics); Periods of the day; Public transit; Road pricing; Socioeconomic factors; Transit passes; Travel behavior; Urban transportation policy; Value of service pricing

Port Authority of New York and New Jersey

Economics; Highways; Operations and Traffic Management; Public Transportation; Society; I71: Traffic Theory

Transportation Research Board Annual Meeting 2007 Paper #07-0269

BTRIS, TRIS, TRB

Feb 8 2007 4:49PM