Technical Report Documentation Page

1. Report No.

FHWA-HOP-08-017

2. Government Accession No.

3. Recipient's Catalog No.

4. Title and Subtitle

Freight Benefit/Cost Study: Highway Freight Logistics Reorganization Benefits Estimation Tool Report and Documentation

5. Report Date

February 2008

6. Performing Organization Code

7. Author(s)

Neil Pogorelsky, HDR-HLB

8. Performing Organization Report No.

9. Performing Organization Name and Address

HDR-HLB Decision Economics
8403 Colesville Rd.
Silver Spring, MD 20910

10. Work Unit No. (TRAIS)

11. Contract or Grant No.

12. Sponsoring Agency Name and Address

U.S. Department of Transportation
Federal Highway Administration
Office of Freight Management and Operations
1200 New Jersey Ave., SE
Washington, DC 20590

13. Type of Report and Period Covered

14. Sponsoring Agency Code

15. Supplementary Notes

16. Abstract

The Freight Benefit/Cost Study is a multi-year effort originating in the Federal Highway Administration, Office of Freight Management and Operations. The Freight Benefit/Cost Study project has gone through three phases of development. Phase I focused on developing the theory and logic. Phase II determined the sensitivity of a firm to infrastructural investment on a national level. Phase III established the approach, sensitivities and data inputs required to calculate long-term benefits of highway-freight infrastructural investment on a regional level and constructed a tool for state and local entities to estimate additional benefits derived though logistics rearrangements from highway performance improvements. This Microsoft Excel©-based tool can be used to estimate additive freight benefits resulting from highway performance improving investments. These benefits can be summed with the conventional benefits expressed through CBA to present a more complete picture of the return on highway investment. This report describes the Highway Freight Logistics Reorganization Benefits Estimation Tool, its use, and data requirements.

17. Key Words

Freight investments, benefit-cost analysis, logistics, highway corridor improvements, freight mobility, productivity

18. Distribution Statement

19. Security Classification (of this report)

Unclassified

20. Security Classification (of this page)

Unclassified

21. No of Pages

59

22. Price

N/A