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Author Rosenbloom, Sandra, author.

Title A federal role in freight planning and finance / Sandra Rosenbloom, Martin Wachs.

Publication Info. Santa Monica, CA : RAND, 2012.

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Description 1 online resource.
Series Rand Corporation monograph series
Rand Corporation monograph series.
Bibliography Includes bibliographical references.
Contents Preface -- Figures and tables -- Summary -- Acknowledgments -- Abbreviations -- Introduction -- Background -- What is the federal role in freight transportation? -- Four major elements of a suggested federal freight transportation policy -- Paying for it all -- Summary and conclusions -- Bibliography -- Table of figures.
Note Print version record.
Summary This monograph describes a federal freight policy designed to address growing challenges faced by the U.S. freight network in an environment dominated by declining revenues and public resistance to increasing taxes. The strategy is based on the use of benefit-cost analysis to not only calculate the overall benefits of a project but also disaggregate project costs and benefits by location, stakeholder, and level of government. The approach rejects the notion that the federal government should automatically pay the major cost of a freight project; instead, it advocates requiring identifiable beneficiaries to pay a share of project costs proportionate to the benefits they receive, while identifying important spillover costs and benefits. The approach also rejects the view that the federal commitment should always be limited to costs that local and state participants cannot or will not cover; instead, the authors describe steps to determine when federal assistance may be warranted, and how much, based on a project's scope and the benefit it provides to the nation. The authors discuss ways in which the strategy could be efficiently and sustainably funded by increasing and encouraging the use of user-based pricing.
Subject Freight and freightage -- United States.
Freight and freightage -- United States -- Forecasting.
Freight and freightage -- United States -- Costs.
Freight and freightage -- Government policy -- United States.
Freight and freightage. (OCoLC)fst00934154
Freight and freightage -- Costs. (OCoLC)fst00934162
Freight and freightage -- Forecasting. (OCoLC)fst00934174
Freight and freightage -- Government policy. (OCoLC)fst00934176
United States. (OCoLC)fst01204155
Added Author Wachs, Martin, author.
Other Form: Print version: Rosenbloom, Sandra. Federal role in freight planning and finance. Santa Monica, CA : RAND, 2012 9780833060358 (DLC) 2012006967 (OCoLC)777327552
ISBN 9780833077493 (electronic bk.)
083307749X (electronic bk.)
9780833060358 (paperback;) (alk. paper)
083306035X (paperback;) (alk. paper)
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