Assessing the Value of Delay to Truckers and Carriers

Project Description

This project evaluates the Value of Delay (VOD) to commercial vehicle operators due to highway congestion. The VOD for congestion influences the private sector's response to public freight projects and policies such as corridor construction and tolling. By understanding the value of delay, freight planners can rank order freight congestion relief projects. Researchers used two methods to estimate VOD: stated preference survey and carrier fleet operational simulation.

A comparison between the survey and the simulation results indicates that drivers perceive a significantly lower VOD than they may actually experience. The result also indicates that willingness to pay is much less than what is needed to resolve congestion.

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Link: Final Report

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