Coordination and Diversification of Investments in Multimodal Transportation

This paper describes a method to coordinate and diversify transportation investments across travel modes and qualitative goals. This method can help decision makers in identifying and prioritizing investments for multimodal corridors, which involve large-scale coordination of transportation projects across modes. The proposed method is described in two parts: prioritizing multimodal corridors at a macro level of analysis and coordinating modal projects at a micro level. The benefits of the proposed performance-based scoring and ranking method include: (a) identification of efficient investment alternatives to meet travel demands when considering multiple modes relative to only single modes; (b) direction of funding to the multimodal corridors and modal projects where the needs are most urgent; and (c) increased transparency and accountability of multimodal agencies for funding that can be allocated across multiple modes. Four cases studies (public transit, aviation, port and rail) from Virginia are used to demonstrate the proposed method.

  • Availability:
  • Authors:
    • Lambert, James H
    • Joshi, Nilesh N
    • Peterson, Kenneth D
    • Wadie, Shadi M
  • Publication Date: 2007-4

Language

  • English

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 01050226
  • Record Type: Publication
  • Files: TRIS
  • Created Date: May 30 2007 5:15PM