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2016•ROSA POpen access

Freight Analysis Framework Inter-Regional Commodity Flow Forecast Study

Richard F. Fullenbaum, Christopher Grillo

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Abstract

This technical report accompanies the 2012 base-year Freight Analysis Framework Forecasts (FAF4) submitted to the FHWA Office of Freight Management and Operations. The technical report outlines the data and methodology employed to develop freight forecasts using the 2012 base-year FAF data for 2013, 2014, 2015, 2016, and long-term forecasts in five-year increments from 2020 to 2045. This report also analyzes the resulting FAF4 forecasts, summarizing the observed trends and the outlook for domestic, imported, and exported goods movement for the United States. Included are detailed breakdowns by major commodity class and, for international trade, by key trade region. Three scenarios driven by different macroeconomic assumptions are analyzed and presented.\n

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What this paper is about

This technical report accompanies the 2012 base-year Freight Analysis Framework Forecasts (FAF4) submitted to the FHWA Office of Freight Management and Operations. The technical report outlines the data and methodology employed to develop freight forecasts using the 2012 base-year FAF data for 2013, 2014, 2015, 2016, and long-term forecasts in five-year increments from 2020 to 2045. This report also analyzes the resulting FAF4 forecasts, summarizing the observed trends and the outlook for domestic, imported, and exported goods movement for the United States. Included are detailed breakdowns by major commodity class and, for international trade, by key trade region. Three scenarios driven by different macroeconomic assumptions are analyzed and presented.\n

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Available abstract

This technical report accompanies the 2012 base-year Freight Analysis Framework Forecasts (FAF4) submitted to the FHWA Office of Freight Management and Operations. The technical report outlines the data and methodology employed to develop freight forecasts using the 2012 base-year FAF data for 2013, 2014, 2015, 2016, and long-term forecasts in five-year increments from 2020 to 2045. This report also analyzes the resulting FAF4 forecasts, summarizing the observed trends and the outlook for domestic, imported, and exported goods movement for the United States. Included are detailed breakdowns by major commodity class and, for international trade, by key trade region. Three scenarios driven by different macroeconomic assumptions are analyzed and presented.\n

Key concepts: Commodity, Flow (mathematics), Business, Economics, Econometrics, Finance, Mathematics, Geometry

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