Economics and Finance

The Full Cost of Intercity Transportation Page ES-1 This study evaluates the full cost of three modes of intercity transportation: air, highway, and high speed rail. The evaluation is done within the context of the California Corridor, connecting the Los Angeles Basin and the San Francisco Bay Area. The purpose of evaluating full cost is to compare the economic implications of investment in, or expansion of, any of these three modes. The scope of the analysis is full transportation cost. Full transportation costs includes external, or social cost, in addition to the internal costs of...

In the United States, public transit agencies are increasingly growing interested in deploying open-loop payment systems for public transit fare payments. This interest is based on the benefits these systems can offer, from faster boarding times to the potential of attracting more riders. Open-loop fare payment systems’ popularity is evidenced by the growing number of American public transit agencies who have deployed them; most of whom (63%) are located in California. The overlap between public transit riders who are both transit-dependent and financially excluded (i.e., have no or...

Double cycling improves efficiency by unloading and loading a ship simultaneously; using wasted crane moves to transport containers. This paper demonstrates that double cycling can reduce ship turn-around time through this efficiency improvement. The paper describes the nature of the double cycling problem and, for a given loading-plan, quantifies the benefits using a greedy algorithm. The relationship between the benefits of double cycling, and the problem parameters is analyzed using simple formulas and a simulation program. This paper demonstrates that double cycling can create...

Motor fuel taxes at state and federal levels have traditionally been earmarked for transportation investments, supporting road construction, maintenance, and operations, and increasingly public transit. Recently, elected officials have been reluctant to raise fuel taxes despite increases in the cost of transportation programs. Other forms of support, especially borrowing and local sales taxes are playing larger roles in transportation finance. Raising fuel taxes would be more effective, efficient and equitable than the alternatives that are increasingly more popular.