Defining the Legacy for Users: Understanding Strategies and Implications for Highway Funding
TL;DRAbstract
There is little question that highway congestion presents a significant threat to the economy. Estimates for traffic growth measured in vehicle miles traveled suggest increases exceeding 70% by 2025. Exacerbating the congestion issue is the condition of the U.S. surface transportation system, where demand exceeds capacity and maintenance needs continue to increase. On a system that carries over 68% of the nation's freight, the impending crisis must be addressed. However, the requisite funding to maintain and improve the system is also facing its own shortfalls. While much research has been devoted to the issue of paying for highway infrastructure, very little has addressed critical funding and infrastructure issues from the transportation system user perspective. This study attempts to address this gap in the research by providing rational benefit-cost assessments for transportation investment levels and priorities. The central objective of this research is to define and understand the
Chat with Paper
AI Agents for this Paper
There is little question that highway congestion presents a significant threat to the economy. Estimates for traffic growth measured in vehicle miles traveled suggest increases exceeding 70% by 2025. Exacerbating the congestion issue is the condition of the U.S. surface transportation system, where demand exceeds capacity and maintenance needs continue to increase. On a system that carries over 68% of the nation's freight, the impending crisis must be addressed. However, the requisite funding to maintain and improve the system is also facing its own shortfalls. While much research has been devoted to the issue of paying for highway infrastructure, very little has addressed critical funding and infrastructure issues from the transportation system user perspective. This study attempts to address this gap in the research by providing rational benefit-cost assessments for transportation investment levels and priorities. The central objective of this research is to define and understand the
Keywords
Chat
Click to start Chat