The Cost Of Congestion Is $68 Billion?

Insider publication The Hill features a breakfast with James Oberstar (D-Minn.), ranking member of the Transportation and Infrastructure Committee.
October 1, 2003, 5am PDT | Chris Steins | @urbaninsight
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"Every new light rail project in the last six years has not only exceeded but tripled original projections in usage... In fact, nearly $7 billion has been [moved] from highway accounts into transit accounts with the result that we’re seeing in light rail, commuter rail, bus transit and other rural transit, growth in transit movements adding one million new riders a day over the last five years, or 10 billion transit trips last year nationwide. And with good reason. Every mile, on average, of urban freeway costs $47 million; on average, a mile of urban light rail costs about $26 million and moves three times as many people..."

Thanks to Transport Policy Listserv

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Published on Tuesday, September 30, 2003 in The Hill
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