Management & Operations

New York congestion costs metro area $13 billion

Posted on December 18, 2006

New York’s metro region loses more than $13 billion a year due to traffic congestion, according to a recent study. The report, issued by the Partnership for New York City (PYNC), concluded that existing transportation and road systems are inadequate to accommodate the region’s growing population and continued economic expansion, resulting in the loss of as many as 52,000 new jobs every year. The traffic problem will only grow as Manhattan-bound traffic moving through the region increases by more than 20% over the next two decades. “The level of traffic congestion in New York City has now passed the tipping point and is causing serious damage to virtually every community and industry sector,” said PYNC President and CEO Kathryn S. Wylde. While the PYNC report did not take a position on how to solve the congestion problem, it seeks to make the case for the city to obtain available federal aid to undertake a feasibility study of congestion-relief strategies. Potential options that may be studied include: better design and management of freight loading facilities; improved regulation and increased pricing for on-street parking; new and upgraded bus, ferry and commuter rail services; and charges for vehicle use of certain roads and for entry into highly congested zones.

View comments or post a comment on this story. (0 Comments)

More News

Former head of N.Y. MTA joins STV

Named executive VP and chief strategic officer, Thomas Prendergast will work on strategic projects throughout the firm.

Kent Tyler named VP of USSC Group

He will initially focus his efforts on the company’s fire suppression group, Fogmaker North American.

Pittsburgh Port Authority CEO to leave in June

Accomplishments during Ellen McLean's tenure included securing dedicated funding and negotiating a new union labor agreement.

Connect Transit GM to leave post next month

Bringing in the system's first local tax funding was one of Andrew Johnson's many accomplishments during his tenure.

L.A. Metro reconsidering selling naming rights for trains, stations

Since board approval in December, the staff received new information from the Los Angeles County Counsel’s Office saying corporate naming decisions by Metro could lead to free speech entanglements

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment


Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close