Impact of Freight Cost on Trade Performance

This activity will enable FHWA to evaluate the role of transportation investment in enhancing economic competitiveness, as measured by trade performance, from improved freight movement in the U.S. The highway system was constructed to help provide reliable and cost-effective distance travel, including freight, to enhance the economic competitiveness of our nation in global markets. The economic benefits of enhanced competitiveness require innovative economic analytical tools that differ from traditional transportation analysis. This project will establish a framework that links freight cost to trade volumes and values to assess the cost of transportation on U.S. economic competitiveness. In additional to evaluate the value of lowering freight cost at national level, the project will examine the relationship for trade sectors that are of strategic importance to the country. The project also generates freight demand in response to costs across transportation modes.

• Supplemental Notes:
  • USDOT Research Hub DisplayID 157296

Language

• English

Project

• Status: Active
• Funding: $400000
• Sponsor Organizations:

  Federal Highway Administration

  ,    
• Managing Organizations:

  Federal Highway Administration

  Office of Transportation Policy Studies
  Washington, DC  United States  20590
• Project Managers:

  Yu, Bingxin

• Start Date: 20210928
• Expected Completion Date: 20230327
• Actual Completion Date: 0
• USDOT Program: Policy Analysis
• Subprogram: Transportation and the Economy

Subject/Index Terms

• TRT Terms: Competition; Costs; Economic impacts; Freight transportation; Investments; Trade
• Subject Areas: Economics; Freight Transportation; Planning and Forecasting;

Filing Info

• Accession Number: 01869528
• Record Type: Research project
• Source Agency: Department of Transportation
• Files: RIP, USDOT
• Created Date: Jan 3 2023 1:53PM