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Review of Economic Tools for Freight Capacity Improvement PDF Print E-mail

Cambridge Systematics for the National Cooperative Highway Research Program, Project NCHRP 8-36-43, 2005.

NCHRP Report 08-36 (43) is entitled "Return on Investment on Freight Rail Capacity Improvement." It was prepared for the American Association of Highway and Transportation Officials, Standing Committee on Planning by David Hunt, Cambridge Systematics, August 2005.

"Similar to the REMI model, the Economic Development Research Group has developed a model called the Transportation Economic Development Impact System (TREDIS). Unlike REMI, it’s currently limited to single-corridor or single-region applications <ed note: this restriction from 2005 is no longer applicable> , but similar to REMI, it can estimate the full economic effects of transportation cost changes. In addition, it incorporates a module called the Local Economic Assessment Package (LEAP) that estimates potential business attraction effects from accessibility improvements." (page 3-39)

 

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