Rethinking America's Highways


Book Description

A transportation expert makes a provocative case for changing the nation’s approach to highways, offering “bold, innovative thinking on infrastructure” (Rick Geddes, Cornell University). Americans spend hours every day sitting in traffic. And the roads they idle on are often rough and potholed, with exits, tunnels, guardrails, and bridges in terrible disrepair. According to transportation expert Robert Poole, this congestion and deterioration are outcomes of the way America manages its highways. Our twentieth-century model overly politicizes highway investment decisions, short-changing maintenance and often investing in projects whose costs exceed their benefits. In Rethinking America’s Highways, Poole examines how our current model of state-owned highways came about and why it is failing to satisfy its customers. He argues for a new model that treats highways themselves as public utilities—like electricity, telephones, and water supply. If highways were provided commercially, Poole argues, people would pay for highways based on how much they used, and the companies would issue revenue bonds to invest in facilities people were willing to pay for. Arguing for highway investments to be motivated by economic rather than political factors, this book makes a carefully-reasoned and well-documented case for a new approach to highways.




Rethinking America's Highways


Book Description

Americans spend hours every day sitting in traffic. And the roads they idle on are often rough and potholed, their exits, tunnels, guardrails, and bridges in terrible disrepair. According to transportation expert Robert Poole, this congestion and deterioration are outcomes of the way America provides its highways. Our twentieth-century model overly politicizes highway investment decisions, short-changing maintenance and often investing in projects whose costs exceed their benefits. In Rethinking America’s Highways, Poole examines how our current model of state-owned highways came about and why it is failing to satisfy its customers. He argues for a new model that treats highways themselves as public utilities—like electricity, telephones, and water supply. If highways were provided commercially, Poole argues, people would pay for highways based on how much they used, and the companies would issue revenue bonds to invest in facilities people were willing to pay for. Arguing for highway investments to be motivated by economic rather than political factors, this book makes a carefully-reasoned and well-documented case for a new approach to highways that is sure to inform future decisions and policies for U.S. infrastructure.




The Best Investment a Nation Ever Made


Book Description

Without a first class system of interstate highways, life in America would be far different -- it would be more risky, less prosperous, & lacking in the efficiency & comfort that Americans now enjoy & take for granted. The Dwight D. Eisenhower System of Interstate & Defense Highways, in place & celebrating its 40th anniversary, must surely be the best investment a nation ever made. Consider this: it has saved the lives of at least 187,000 people; it has prevented injuries to nearly 12 million people; it has returned more that $6 in economic productivity for each $1 it cost, & much more. Photos. Charts & tables.




An Investment Benefiting America's Highways


Book Description

This report discusses why the Long Term Pavement Performance (LTPP) program is still important today; what the current investment in LTPP is; what the value of this investment is; the benefits of LTPP to date; falling weight deflectometer (FWD) calibration procedures; the 1998 rigid pavement design procedure and spreadsheet; LTPPBind (a software tool that allows engineers to accurately select the correct Superpave asphalt binder for their specific regional conditions); pothole patching; LTPP studies; benefits that LTPP will yield in the next couple of years; whether future investment is needed; and why LTPP investment should be made.




Highway Infrastructure Investment and Job Generation


Book Description

Construction and related activities financed through the Federal-aid program are important sources of employment for persons in many industries throughout the economy. A diverse work force representing all skill levels is supported by investment in highway construction activities, and subsequently in industries which supply materials to the highway construction industry and in other industries throughout the economy.




Productivity and the Highway Network


Book Description

A new study establishes a strong link between the highway network and national economic performance. Unique in the depth and breadth of its 35-industry analysis, this research sheds new light on the commercial benefits of highway infrastructure investments. The Federal Highway Administration (FHWA) is pleased to present this research because it clearly documents the highway network's contribution to industry productivity growth, national economic performance, and international competitiveness. Although a comprehensive assessment of the social costs and benefits of the road system is beyond the scope of this research and would include a wide range of factors, such as the impacts on consumers as well as producers, employment effects of highway construction projects, and environmental and social effects of highway provision and use, this work provides important empirical evidence about the historic contribution of roads to the U.S. economy.




Highway and transit investments options for improving information on projects' benefits and costs and increasing accountability for results : report to congressional committees.


Book Description

Projections of future passenger and freight travel suggest that increased levels of investment may be needed to maintain the current levels of mobility provided by the nation's highway and transit systems. However, calls for greater investment in transportation come amid growing concerns about fiscal imbalances at all levels of the government. As a result, careful decisions will need to be made to ensure that transportation investments maximize the benefits of each federal dollar invested. In this report GAO identifies (1) the categories of benefits and costs that can be attributed to new highway and transit investments and the challenges in measuring them; (2) how state, local, and regional decision makers consider the benefits and costs of new highway and transit investments when comparing alternatives; (3) the extent to which investments meet their projected outcomes; and (4) options to improve the information available to decision makers. To address these objectives, we convened an expert panel, surveyed state departments of transportation and transit agencies, and conducted site visits to five metropolitan areas that had both a capacity-adding highway project and transit project completed within the last 10 years. DOT generally agreed with the report's findings and offered technical comments, which were incorporated as appropriate.




A Primer on Highway Finance


Book Description

This book is an examination of the current and proposed highway Tax Program, deficiencies, and proposed solutions to the financial problems confronting highway financing. Contents: The Importance of Highways; Highway Design, Cost, Allocations, and Finance; Highway Capital Needs and Concepts of Highway Finance; A Brief History of Highway Taxation and Tax Structures; Issues Involved in Highway Taxation; Highway Financial Methods and Rational Highway Taxes; Summary and Recommendations; Bibliography.







Road Work


Book Description

" America's interstate highway system is deteriorating, and traffic congestion in most urban centers is worsening. Because of the many strong and conflicting interests, policy discussions about the road system are also in gridlock. The only consensus that seems to have emerged is that public spending must be increased. Improving our highway system and its financing will not be easy. Road Work proposes a comprehensive highway pricing and investment policy to meet the goals of efficiency, equity, and financial stability. In this study, Kenneth A. Small, Clifford Winston, and Carol A. Evans base their policy on two economic principles: efficient pricing to regulate demand for highway services and efficient investment to minimize the total public and private costs of providing them. Policy recommendations include a set of pavement-wear taxes for heavy trucks, a set of congestion taxes for all vehicles, and a program of optimal investments in road durability. Their proposals should be especially attractive to policymakers because they can be implemented with current technology, offer little threat to the major interest group, and in the long run will reduce the strain on state and local governments' highway budgets. "