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This article explores the conceptual relationship between economic development and freight, emphasizing the importance of highway improvements in boosting business productivity. It discusses how improved transportation infrastructure can facilitate business operations, support emerging businesses, and enhance accessibility to potential employees and customers. Examples like a beef plant in California and a theatre complex in New York illustrate the benefits of strategic location. However, the article also notes limits to these improvements, suggesting that while freight plays a critical role, other factors such as demographics and policies are equally important.
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Talking Freight By Martin H. Weiss
Economic Development and Freight • Conceptual Relationship • Examples • Limits
Economic Development and Freight Conceptual Relationship – Highway Improvement • makes business more productive thus • more business • makes it easier for businesses to serve • other businesses that are logistically related • may help incipient businesses grow • may allow businesses to access more • potential employees or customers • may result in travel business cluster
Making Business More Productive Highway Improvement Before
Easier for Businesses to Serve Other Business that are Logistically Related Beef Plant near highway in Imperial County, CA
Help Incipient Businesses Grow Buffalo herd near Pine Ridge, South Dakota
May Allow Businesses to Access More Potential Employees or Customers Museum Theatre Complex Jamestown, NY Near I-86
May Result in Travel Business Cluster Restaurants, Dance Clubs near SR-29 in Edgar, WI
Economic Development and Freight Limits Typically, highway improvement doesn’t create economic development unless something else is happening Typically, economic development doesn’t happen quickly Freight is usually an important part of the picture but rarely the focus Demographics/Events/Policies/ Culture can inhibit economic development
http://www.fhwa.dot.gov/planning/econdev/index.html Martin H. Weiss