NSTWOS Ear
‹#›
Weather-related Costs
•State DOTs spend:
–$2 billion/year on snow and ice control
–$5 billion/year on infrastructure repairs due to snow & ice
•Delays from snow, ice, and fog cost $11.6 billion per year
•Delays due to weather cost trucking companies $3.1 billion/year in the 50 largest cities
•Lost commerce due to storm-closed roads is $3.82 billion in just 15 states
2nd bullet - Per Sheldon’s presentation at 2012 RWM Stakeholder Meeting, 554 million vehicle-hours of delay per year result from snow, ice, and fog. TTI’s 2011 Urban Mobility Report Page 1 says Yearly delay per auto commuter is 34 hours and Congestion cost per auto commuter (2010 dollars) is $713. This equates to $20.9 per delay hour. Using this formula, 554M hours translates to $11.6B.

3rd bullet – Per Dan Krechmer’s presentation at 2012 RWM Stakeholder Meeting, Trucking delays due to weather = $3.1 billion/yr for the 50 largest cities

4th bullet – “Weather Impacts - The Economy” slide from Paul Pisano