{"id":6274,"date":"2019-09-02T16:04:35","date_gmt":"2019-09-02T20:04:35","guid":{"rendered":"https:\/\/dcp.ufl.edu\/urp\/?p=6274"},"modified":"2020-05-16T11:18:41","modified_gmt":"2020-05-16T15:18:41","slug":"economic-impacts-of-freight-transportation","status":"publish","type":"post","link":"https:\/\/dcp.ufl.edu\/urp\/economic-impacts-of-freight-transportation\/","title":{"rendered":"Economic Impacts of Freight Transportation"},"content":{"rendered":"\n
<\/div>
\n
<\/div>
\n

<\/p>\n<\/div><\/div>\n\n\n\n

<\/div>
\n

The Economic Impacts of Freight Transportation<\/em><\/h1>
<\/div><\/div>

Dr. Zhong-Ren Peng received a Florida Department of Transportation grant to study the lifecycle costs and benefits of freight transportation projects.<\/p><\/div>\n<\/div><\/div>\n\n\n\n

<\/div>
<\/div><\/div>\n<\/div><\/section>\n\n\n\n
\n

<\/p>\n<\/div><\/div>\n\n\n\n

Freight is defined as goods transported in bulk by truck, train, ship, or aircraft.<\/p>\n\n\n\n

<\/div>
\n
<\/div>
\n

<\/p>\n<\/div><\/div>\n\n\n\n

<\/div>
\n
September 2, 2019<\/h6>
<\/div><\/div>

<\/p><\/div>\n\n\n\n

Freight is a fast-growing industry in the United States, and governments at all levels have invested heavily in infrastructure to support efficient movement of goods and freight services. <\/p>\n\n\n\n

\"\"
Photo by Andy Li<\/a> on Unsplash<\/a>.<\/figcaption><\/figure>\n\n\n\n

To quantify the impacts of these freight investments on the economy is a challenging task, since the impacts could be direct, indirect, and induced. For freight transported along roadways, the impacts are also varied based on the improvement of level of service on the roads.<\/p>\n\n\n\n

In Dr. Peng\u2019s previous project, \u201cEconomic Analysis Framework for Freight Transportation Based on Florida Freight Supply-Chain Intermodal Model (FreightSIM),\u201d  he and his team developed an economic impact model entitled \u201cFlorida Freight Transportation Economic Impact Kit (FreighTEC)\u201d to estimate economic impacts, such as total production, income, and employment by industry class.<\/p>\n\n\n\n

\"\"
Photo by Brian Suh<\/a> on Unsplash<\/a>.<\/figcaption><\/figure>\n\n\n\n

The new one-year FDOT project (June 2019 – May 2020) extends FreighTEC to develop a methodology to estimate the total costs and benefits of the entire lifecycle of a freight transportation investment, as well as to evaluate detailed costs and benefits for any specific year. The project will provide a decision support tool for transportation planners and engineers, as well as decision-makers, to make better informed freight investment decisions.<\/p>\n\n\n\n

\"\"
Photo by Marcin Jozwiak<\/a> on Unsplash<\/a>.<\/figcaption><\/figure>\n<\/div><\/div>\n\n\n\n
<\/div>
<\/div><\/div>\n<\/div><\/section>\n","protected":false},"excerpt":{"rendered":"

Dr. Zhong-Ren Peng received a Florida Department of Transportation grant to study the lifecycle costs and benefits of freight transportation projects.<\/p>\n","protected":false},"author":136,"featured_media":6276,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"3258","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"wds_primary_category":0,"footnotes":""},"categories":[62,16],"tags":[36,38,40],"class_list":["post-6274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iadapt","category-research","tag-people","tag-places","tag-technology"],"featured_image_urls_v2":{"full":["https:\/\/dcp.ufl.edu\/urp\/wp-content\/uploads\/sites\/34\/2020\/05\/Life_cycle_project-scaled.jpg",2560,1627,false],"thumbnail":["https:\/\/dcp.ufl.edu\/urp\/wp-content\/uploads\/sites\/34\/2020\/05\/Life_cycle_project-150x150.jpg",150,150,true],"medium":["https:\/\/dcp.ufl.edu\/urp\/wp-content\/uploads\/sites\/34\/2020\/05\/Life_cycle_project-300x191.jpg",300,191,true],"medium_large":["https:\/\/dcp.ufl.edu\/urp\/wp-content\/uploads\/sites\/34\/2020\/05\/Life_cycle_project-768x488.jpg",768,488,true],"large":["https:\/\/dcp.ufl.edu\/urp\/wp-content\/uploads\/sites\/34\/2020\/05\/Life_cycle_project-1024x651.jpg",1024,651,true],"1536x1536":["https:\/\/dcp.ufl.edu\/urp\/wp-content\/uploads\/sites\/34\/2020\/05\/Life_cycle_project-1536x976.jpg",1536,976,true],"2048x2048":["https:\/\/dcp.ufl.edu\/urp\/wp-content\/uploads\/sites\/34\/2020\/05\/Life_cycle_project-2048x1301.jpg",2048,1301,true]},"post_excerpt_stackable_v2":"

Dr. Zhong-Ren Peng received a Florida Department of Transportation grant to study the lifecycle costs and benefits of freight transportation projects.<\/p>\n","category_list_v2":"International Center for Adaptation Planning and Design (iAdapt)<\/a>, Research<\/a>","author_info_v2":{"name":"kifrank","url":"https:\/\/dcp.ufl.edu\/urp\/author\/kifrank\/"},"comments_num_v2":"0 comments","uagb_featured_image_src":{"full":["https:\/\/dcp.ufl.edu\/urp\/wp-content\/uploads\/sites\/34\/2020\/05\/Life_cycle_project-scaled.jpg",2560,1627,false],"thumbnail":["https:\/\/dcp.ufl.edu\/urp\/wp-content\/uploads\/sites\/34\/2020\/05\/Life_cycle_project-150x150.jpg",150,150,true],"medium":["https:\/\/dcp.ufl.edu\/urp\/wp-content\/uploads\/sites\/34\/2020\/05\/Life_cycle_project-300x191.jpg",300,191,true],"medium_large":["https:\/\/dcp.ufl.edu\/urp\/wp-content\/uploads\/sites\/34\/2020\/05\/Life_cycle_project-768x488.jpg",768,488,true],"large":["https:\/\/dcp.ufl.edu\/urp\/wp-content\/uploads\/sites\/34\/2020\/05\/Life_cycle_project-1024x651.jpg",1024,651,true],"1536x1536":["https:\/\/dcp.ufl.edu\/urp\/wp-content\/uploads\/sites\/34\/2020\/05\/Life_cycle_project-1536x976.jpg",1536,976,true],"2048x2048":["https:\/\/dcp.ufl.edu\/urp\/wp-content\/uploads\/sites\/34\/2020\/05\/Life_cycle_project-2048x1301.jpg",2048,1301,true]},"uagb_author_info":{"display_name":"kifrank","author_link":"https:\/\/dcp.ufl.edu\/urp\/author\/kifrank\/"},"uagb_comment_info":0,"uagb_excerpt":"Dr. Zhong-Ren Peng received a Florida Department of Transportation grant to study the lifecycle costs and benefits of freight transportation projects.","_links":{"self":[{"href":"https:\/\/dcp.ufl.edu\/urp\/wp-json\/wp\/v2\/posts\/6274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dcp.ufl.edu\/urp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dcp.ufl.edu\/urp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dcp.ufl.edu\/urp\/wp-json\/wp\/v2\/users\/136"}],"replies":[{"embeddable":true,"href":"https:\/\/dcp.ufl.edu\/urp\/wp-json\/wp\/v2\/comments?post=6274"}],"version-history":[{"count":0,"href":"https:\/\/dcp.ufl.edu\/urp\/wp-json\/wp\/v2\/posts\/6274\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dcp.ufl.edu\/urp\/wp-json\/wp\/v2\/media\/6276"}],"wp:attachment":[{"href":"https:\/\/dcp.ufl.edu\/urp\/wp-json\/wp\/v2\/media?parent=6274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dcp.ufl.edu\/urp\/wp-json\/wp\/v2\/categories?post=6274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dcp.ufl.edu\/urp\/wp-json\/wp\/v2\/tags?post=6274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}