24
TREDIS ® 5 Freight Planning & Economic Development Live Demonstration March 1, 2016

Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

  • Upload
    others

  • View
    1

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

TREDIS® 5Freight Planning & Economic Development

Live Demonstration

March 1, 2016

Page 2: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

Agenda

• TREDIS Freight Considerations• Live Demonstration• Program and Policy Implications• Questions & Answers

© 2016 - Economic Development Research Group, Inc. 2

Page 3: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

The TREDIS Software Suite

TREDIS® is a decisionsupport system thathelps tell the economicimpact story for yourtransportation project. Provides insights to help you

make decisions, plan, andcommunicate the

• economic impact,• benefit-cost,• financial impact, and• freight implications

of your project or program.

© 2016 - Economic Development Research Group, Inc. 3

Page 4: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

TREDIS Freight Capabilities

• Uses expanded freight data sets• Analyzes county-to-county flows• Analyzes corridors and networks• Provides customized spatial detail• Performs multimodal analyses• Profiles relationship between industries, supply chains, and

internal, inbound, outbound, and through flows• Identifies freight dependent industries and economic impacts• Analyzes economic effects of changes in freight transportation

performance on communities, regions, and states• Compares and prioritizes corridor and project level plans

© 2016 - Economic Development Research Group, Inc. 4

Page 5: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

Freight Planner’s Objectives

© 2016 - Economic Development Research Group, Inc.

• Prepare for FASTLANE, TIGER,and other competitive freight grants

• Develop Long Range Freight Plan• Assess how current freight

transportation system is performing• Determine industry dependence on freight• Calculate economic impacts of proposed investments for

improved performance• Put projects in wider regional context (national significance)• Ascertain how improvements impact future freight needs• Provide data to explain changes and trends that drive them

5

Page 6: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

Role of TREDIS Freight

• TransportationProject

ImprovedPerformance

• Lowers cost ofTransportation

ResourceAllocation of

Industries

• Able to ExpandProduction fromCost Savings

Impact onEconomy

• Supply andDemand forFreight goods

TREDISFREIGHT

© 2016 - Economic Development Research Group, Inc. 6

Page 7: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

Corridor Comparisons

33%

22%10%

8%5%

22%

State Highway 33:Top 5 Commodities Farm Products

Food or KindredProductsSecondary Traffic

Petroleum or CoalProductsFabricated MetalProductsRest ofCommodities

19%

17%

15%13%

10%

26%

State Highway 181:Top 5 Commodities Nonmetallic

MineralsFarm Products

Food or KindredProductsSecondary Traffic

Clay,concrete,glassor StoneRest ofCommodities

- 50 100 150

SH 181

SH 33

Annual Trucks(Thousands, Directional Flow)

Internal Inbound Outbound Through

© 2016 - Economic Development Research Group, Inc. 7

Page 8: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

Freight Cost Savings

SH 33 National SH 181 National SH 33 Local SH 181 LocalEnvironmental Cost 1,246 1,001 75 570Veh Oper Cost 27,411 22,015 1,645 12,548Reliability Cost 77,674 62,382 4,660 35,558Freight Cost 239,084 287,080 14,345 163,636Crew Cost 184,274 147,995 11,056 84,357

-

100,000

200,000

300,000

400,000

500,000

600,000

$ Pr

ojec

t Cos

t Sav

ings

10 mph Speed Increase & 5% Congestion Reduction

© 2016 - Economic Development Research Group, Inc. 8

Page 9: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

Commodity Mix Profiling

© 2016 - Economic Development Research Group, Inc.

Truck-Truckload

Truck-Lessthan

TruckloadTruck-Private

Truck-NotElsewhereClassified

Farm prods 0.2% 0.0% 0.3% 6.6%Forest prods 0.0% 0.0% 0.0% 0.1%Marine prods 0.0% 0.0% 0.0% 0.9%Metallic ores 0.0% 0.0% 0.0% 0.6%Coal 0.0% 0.0% 0.0% 0.0%Crude oil/gas 0.0% 0.0% 0.0% 0.1%Nonmetal minerals 0.3% 0.0% 0.5% 0.4%Ordinance 0.0% 0.0% 0.0% 0.1%Food prods 5.5% 3.2% 17.1% 13.3%Tobacco prods 0.0% 0.0% 0.0% 0.4%Textiles 0.2% 0.1% 0.0% 0.3%Apparel 0.5% 1.4% 0.6% 1.3%Lumber/wood 0.8% 0.1% 0.9% 1.1%Furniture/fixtures 0.5% 1.5% 1.1% 1.3%Paper/pulp 0.7% 0.9% 0.8% 1.1%Printed matter 2.3% 1.0% 1.6% 1.3%Chemicals 3.7% 7.2% 3.3% 4.4%Petrol/coal prods 11.2% 0.3% 26.4% 5.2%Rubber/plastics 2.0% 3.0% 1.0% 3.1%Leather prods 0.0% 0.0% 0.0% 0.8%Concrete/clay/stone 2.0% 1.8% 4.8% 1.6%Primary metal prods 0.5% 0.7% 0.4% 5.7%Manf metal prods 3.8% 9.4% 4.4% 3.7%Machinery 5.7% 6.2% 1.0% 8.6%Elec. equipment 2.9% 25.8% 2.0% 7.6%Transport eqpmnt 12.2% 14.1% 5.7% 9.5%Instruments 2.4% 9.2% 3.8% 3.8%Misc manf prods 2.6% 2.7% 0.5% 1.7%Waste/scrap 2.1% 4.4% 3.0% 1.0%Misc freight 0.0% 0.0% 0.0% 0.0%Secondary traffic 37.5% 7.0% 20.9% 14.5%

Total: 100.0% 100.0% 100.0% 100.0%

• Defined by Project• Regional• Corridor Related

• Weighted Average of Commodity Mix• by mode, direction• % in/out/internal determines

composition

• Option to Overwrite

Internal Inbound Outbound Through Total

Truck Truckload 17.5% 39.3% 16.6% 26.5% 100.0%

Truck L-T-L 7.9% 35.1% 19.2% 37.7% 100.0%

Truck PVT 27.8% 35.9% 18.5% 17.7% 100.0%

Truck NEC 0.0% 18.9% 22.8% 58.3% 100.0%

All Trucks Combined 22.4% 37.5% 17.8% 22.3% 100.0%

Directional Flow of Traffic

9

Page 10: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

Freight Case Study

PROJECT:Reduce congestionfor nationallyidentified corridor ofsignificance

OBJECTIVE:Alleviate congestionand increase speed

LIVEDEMONSTRATION

© 2016 - Economic Development Research Group, Inc. 10

Page 11: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

LIVEDEMONSTRATION

© 2016 - Economic Development Research Group, Inc. 11

Page 12: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

Comparison of Impacts: Reversing Flow of Goods

© 2016 - Economic Development Research Group, Inc.

Normal Run Reversed In & Out

111-115, 211-213 Agriculture & Extraction 1.7% 1.7% 94.1%221 Utilities 1.2% 1.2% 99.3%230 Construction 3.0% 1.9% 61.2%

311-339 Manufacturing 44.7% 50.3% 109.5%420 Wholesale Trade 5.3% 5.1% 93.4%

441-454 Retail Trade 3.3% 2.8% 81.3%481-488 Transportation 2.0% 1.9% 93.2%491-493 Postal & Warehousing 0.7% 0.6% 91.3%511-519 Media and Information 4.9% 4.9% 97.8%

521-525, 531-533 Financial Activities 10.3% 9.9% 93.5%

541,551,561-562 Professional & BusinessServices 9.0% 8.7% 94.1%

611, 621-624 Education & Health Services 4.3% 3.7% 83.0%

711-713, 721-722,811-814 Leisure & Hospitality 9.2% 7.1% 74.6%

920 Government 0.2% 0.2% 94.3%

DistributionsShare of NormalNAICS Industry

32.2 32.4 32.6 32.8 33.0 33.2 33.4 33.6 33.8

Normal Run

Direction Reverse

COMPARISON OF IMPACTS: OUTPUT($M), 2040

12

Page 13: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

Freight Implications

© 2016 - Economic Development Research Group, Inc.

Change inSpatial

Patterns

Change in TripCharacteristics

Change inFreight

Generation

How will your project affect:

• Freight Trip Generation• Mix of Modes/Vehicles• Mix of Commodities• O-D Patterns• Trip Lengths and Traffic Levels

13

Page 14: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

Output[Industry]Inputs

Change in Freight Generation

© 2016 - Economic Development Research Group, Inc.

0100200300400500600700800900

1000

2010 2015 2020 2025 2030 2035 2040

Out

put (

Y)

Data Year

Components of Demand:Industry x

Domestic International Total Supply

14

Page 15: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

Change in Spatial Patterns

© 2016 - Economic Development Research Group, Inc.

Comparison of Outbound Domestic Shipments ofSCTG 23 (Chemical Products) 2040 Alternative Forecast Methods

• Enables dynamic adjustmentof domestic trading partners

• Based on each trading partnercounty’s trends in Freight production(inbound), and consumption (outbound)

• Does not alter magnitude of freight beingproduced or consumed by your region(s)

15

Page 16: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

Changes in Trip Characteristics

© 2016 - Economic Development Research Group, Inc.

• Know the Magnitude of Commodity and Type of Flow

• Know the Origin – Destination Pair

• Need to estimate Mode of travel from point to point

16

Page 17: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

LIVEDEMONSTRATION

© 2016 - Economic Development Research Group, Inc. 17

Page 18: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

Recap: Freight Case Study

• Project Impacts in 2040– VHT Savings 18.8%– $35M in Societal Benefits– $36.8M Increase in GRP– 202 additional jobs

• Freight Implications– 23 Ktons of Commodities– 50% Moving as “Truckload – Trucks”– 943 Vehicles Generating ~338k of VMT– Traveling Average of 358 Miles per Trip

© 2016 - Economic Development Research Group, Inc. 18

Page 19: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

• Economic flows and job dependence• Supply chain and industry

dependency analysis• Freight flow summary• Investment scenarios• Operates at different spatial levels• Provides flexibility to address different questions for

different audiences• Shows how economy benefits from freight investments• Provides stakeholders and decision makers with

actionable and transparent information

Freight Insights & Analysis in TREDIS

© 2016 - Economic Development Research Group, Inc. 19

Page 20: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

TREDIS Grant and Freight Reports

© 2016 - Economic Development Research Group, Inc. 20

Page 21: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

Freight Policy Implications

FASTLANE Grant Details Releasedhttps://www.transportation.gov/FASTLANEgrantsApplications for FY 2016 are due on April 14, 2016

TIGER Grant Releasedhttps://www.transportation.gov/tigerApplications due April 29, 2016

© 2016 - Economic Development Research Group, Inc. 21

Page 22: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

Successful Freight PlanningEncompasses Economic Relevance

© 2016 - Economic Development Research Group, Inc. 22

Page 23: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

Questions?

© 2016 - Economic Development Research Group, Inc. 23

Page 24: Freight Planning & Economic Development Live Demonstration · The TREDIS Software Suite TREDIS® is a decision support system that helps tell the economic impact story for your transportation

For More Information…

TREDIS Software Group155 Federal Street, Suite 600

Boston, MA 02110(617) 303-0424

[email protected]@tredis.com