Framework and Tools for Estimating Benefits of Specific Freight Network Investments (2011) / Chapter Skim
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Pages 17-19
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From page 17... ...
The Freight Evaluation Framework developed as part of this effort defines a consistent approach to evaluating freight projects by defining a wide range of public and private benefits and impacts of freight infrastructure investments and identifying the tools and supporting data necessary to evaluate these benefits and impacts. This Framework is capable of handling projects that span all of the different freight modes and able to assess benefits from a variety of project types, including those that improve freight operations, as well as generate more capacity (both terminal and mainline)
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From page 18... ...
Third, the research team assessed available project evaluation and impact analysis tools that are available for specific modes, including both public- and private-sector benefit assessment tools. These various tools covered freight project impacts on freight carriers and transportation service providers, shippers and end users, and on broader income and economic growth.
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From page 19... ...
Subsequent sections include the following: • A description of key issues in freight planning and freight project evaluation -- Chapter 2 lays out a systematic structure for classifying project investments, stakeholders, outcome metrics, and benefit/cost factors. • A summary of current practices in freight investment decision making -- Chapter 3 describes elements of the decision-making process, stakeholders involved, the strategic and tactical factors they consider in project assessment, and available assessment tools.
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