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Posts Tagged ‘Metropolitan Planning Council’

Transit Means Business

Tuesday, October 30th, 2018
ip Fluctuates, but Transit Work Trips are on the Rise

In all cases shown below, the benefit-cost ratio exceeds 1, meaning that $1 invested in transit yields more than $1 in economic benefits. Three Chicago-specific studies conducted over the past two decades all show significant benefits to the region if we were to invest in a state of good repair or expand service. Of all the studies we surveyed, the smallest expected return from investing in transit was 21%. This would be considered a hugely successful investment in the private sector.

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The Road Less Traveled: Exploring Congestion Pricing in Chicagoland

Tuesday, July 20th, 2010
MnPass, Minnesota

ILLINOIS TOLLWAY
METROPOLITAN PLANNING COUNCIL
Across the country, people are tired of wasting time and money, sitting behind the wheel with no real alternatives to driving. Recognizing the severity of the problem, the U.S. Dept. of Transportation’s Federal Highway Administration (FHWA) is funding projects to study the potential of new and innovative strategies to alleviate traffic congestion, improve the environment, and provide better mobility.

Congestion pricing is one of those strategies.

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