Source: Arthur C. Nelson, Robert Hibberd, Research in Transportation Economics, In Press – Corrected Proof, Available online June 10, 2019
From the abstract:
This is the first study reporting the association between economic development and express bus transit (XBT) service. Using shift-share analysis applied to the South Miami-Dade express busway transit system, this study assesses differences in shift-share outcomes over three time periods: before the Great Recession (2004–2007), during the Great Recession and early recovery years (2008–2011), and after the Great Recession (2012–2014). Over the entire study period (2004–2014), total jobs grew within one-half mile of XBT stations. Using shift-share analysis, we find that (a) XBT station areas gained share of jobs relative to the central county (Miami-Dade) before the Great Recession, (b) continued to gain share albeit at a slower pace during the Great Recession, but (c) lost share during the post Great Recession period. Over the entire study period, land-extensive jobs (such as in manufacturing and non-manufacturing industry) lost share as did lower-wage retail-lodging-food service jobs. Jobs in knowledge, office, education and arts-entertainment-recreation economic groups gained share overall. Since the Great Recession, we surmise that XBT stations have shifted firm dynamics mostly by displacing land extensive or lower wage jobs away from station areas. Planning and policy implications are offered.
Source: Ted Hampton, Chandra Ghosal, Emily Raimes, Nicholas Samuels, Timothy Blake, Moody’s, Sector Profile, State government – US Medians, June 3, 2019
Total net tax-supported debt (NTSD) for the 50 states was virtually unchanged in 2018, as governments maintained a cautious approach to bond issuance and increased their reliance on operating revenue for transportation infrastructure. The $523 billion in NTSD marked the eighth straight year with minimal change, putting average annual growth at 0.6% since 2011.
Source: Jennifer M. Cavallari, Katrina A. Burch, Jeffrey Hanrahan, Jennifer L. Garza, Alicia G. Dugan, American Journal of Industrial Medicine, Early View, First published: May 19, 2019
From the abstract:
It is important to understand workplace factors including safety climate that influence hearing protection device (HPD) use. We sought to investigate the association between HPD use, safety climate, and hearing climate, a new measure specific to hearing.
A survey was developed and distributed among transportation “maintainers” who perform road maintenance and repair. A new hearing climate measure was designed by adapting a safety climate measure. HPD use was assessed by asking workers how often they wear HPD while in noise. The differences in safety climate and hearing climate were compared by the frequency of HPD use using analysis of variance.
Among 166 maintainers, 54% reported always or almost always wearing HPD while noise exposed. High‐frequency HPD users reported a statistically significant higher safety climate (P = 0.004) and hearing climate (P = 0.003).
Hearing climate predicts the frequency of HPD use and may be a useful measure when assessing and improving hearing conservation programs.
Source: Thomas Aaron, Timothy Blake, Moody’s, Sector In-Depth, April 11, 2019
Pensions and retiree healthcare pose a credit risk for some of the largest mass transit enterprises. Transit enterprises with material unfunded liabilities face budget challenges that can limit capital reinvestment, contribute to rising debt loads and/or lead to lower service levels.
Source: Jay L. Zagorsky, The Conversation, February 25, 2019
…. To fix the potholes and crumbling roads, federal, state and local governments rely on fuel taxes, which raise more than US$80 billion a year and pay for around three-quarters of what the U.S. spends on building new roads and maintaining them. ….
….If sales continue at this breakneck pace, electric cars will become mainstream in no time. In addition, governments in Europe and China are actively steering consumers away from fossil fuels and toward their electric counterparts.
In other words, the time will come very soon when the U.S. and individual states will no longer be able to rely on fuel taxes to mend American roads…..
Source: Joseph P. Williams, The Nation, January 29, 2019
Welcome to the world of transit deserts and extreme commutes, where your income can determine if and how you reach your job.
Source: S&P Global Ratings, January 17, 2019
S&P Global Ratings’ 2019 outlook for business conditions and credit quality across most U.S. public transportation infrastructure sectors, including airports, ports, federal grant-secured, and parking, is stable. We are maintaining our positive outlook for the toll road and bridge sector and revising our outlook for the mass transit sector to negative from stable.
Source: Ben Beckett, Jacobin, January 25, 2019
Just last night, there was no end to the government shutdown in sight. But when airport workers started calling in sick and raising the threat of a strike, everything suddenly changed.
Source: S&P Global Ratings, November 19, 2018
Although ratings in the U.S. public finance (USPF) transportation sector tend to be lower than in other areas of U.S. municipal finance, the sector is among the most stable. In addition, transportation ratings are less likely than other USPF ratings to be raised, reflecting economic and competitive pressures.
Source: Alex Lauderdale, EducatedDriver.org, August 29, 2018
Commuting is the most stressful part of the day for many people. It’s like a recurring nightmare — day after day, week after week, year after year spent sitting in bumper-to-bumper traffic, stuck behind the wheel instead of spending time with family and friends doing the things you love. It takes a serious toll on the mind and body and on relationships. Not to mention, it can be seriously damaging to your health, leading to headaches, backaches, sleep problems, fatigue, mental health problems, and more.
The worst part? Commute times are only getting worse all across the country. In the US, the average worker spends 52.2 minutes a day commuting to and from work, but in many parts of the country, things are even worse. Over the course of just a week, that’s 4.35 hours a week spent commuting.
That got us thinking — how many days does the average person spend commuting to and from work over the course of their life?
We did the math for nearly 1,000 US cities. The average American loses 408 days of their life commuting, and in many areas, the toll is even higher.
Using the interactive map below, you can see how many days of your life you can expect to spend to commuting in the city where you live. Caution: the answer might depress you.