TruckDriversAirTravelSurfaceModes*Category--100%70%100%70%100%Intercity TravelPersonalBusiness100%--100%Business----50%PersonalLocal TravelRecommended Values ofTravel Time Savings(per person-hour as a%of wage rate)Table 1 (Revision 1 -unmodified)* Surface figures applyto all combinations of in-vehicle and other transit time. Walk access,waiting, andtransfer time should be valued at 100% ofthe wage rate when actions affect onlythose elements of transit time.TruckDriversAirTravelSurfaceModes*Category--100%60-90%80-120%60-90%80-120%Intercity TravelPersonalBusiness100%--80-120%Business----35-60%PersonalLocal TravelPlausible Ranges for Values of TravelTimeSavings(per person-hour as a%of wage rate)Table 2 (Revision 1 -unmodified)* Surface figures applyto all combinations of in-vehicle and other transit time. Walk access,waiting, andtransfer time shouldbe valued at 100% ofthe wagerate whenactions affectonlythose elements of transit time.TruckDriversAirTravel*SurfaceModesCategory--$18.10$33.30$40.10$21.10$21.20Intercity TravelPersonalBusiness$18.10--$21.20Business----$21.10PersonalLocal TravelRecommended HourlyEarnings Ratesfor Determining Values ofTravel Time Savings(2000 U.S. $ per person-hour)Table 3 (Revision1)*Hourly earnings of $45.00 are to be used for general aviation passengerswhentheyareincluded as a separate category.Table 3 (Revision1, continued)Sources:(1)Local and intercity personal travelby surface modes: median incomefor all U.S. households in2000($42,148), divided by 2,000 hoursperyear.Reported in U.S.CensusBureau,Income2000,Table 1(http://www.census.gov/hhes/income/income00/inctab1.html).(2)Local and intercity business travelby surfacemodes: total compensation cost per hour worked in2000($21.16).Reported in Bureau ofLaborStatistics,EmployerCostsfor Employee Compensation, 1986-2001,Table 1 (http://stats.bls.gov/ncs/ect/sp/ecechist.pdf).(3)Intercity personal and business travel by airline: weighted averageincomes for domestic “business”and“other”trips, respectively, in 1998,divided by 2,000 hours peryear.ReportedinAir Transport Associationof America,Air Travel Survey, 1998, Table D72.Escalated by the increase inmedian annual income forU.S. households from 1998 to 2000 (8.4%), from U.S.Census Bureau,Income2000,Table 1(http://www.census.gov/hhes/income/income00/inctab1.html).(4)Truck Drivers in local and intercitytravel: median weeklyearnings of full-time truck drivers for 2000 ( $564)divided by average weeklyhours for full-time operators in transportation and materialmoving occupations(45.7 hours per week). Reportedin BureauofLabor Statistics,Employment and Earnings, January 2001,Tables 39and 23(ftp://ftp.bls.gov/pub/special.requests/lf/aa2000/AAT39.TXT,ftp://ftp.bls.gov/pub/special.requests/lf/aa2000/AAT23.TXT). Plus total benefits($5.80) from BureauofLabor Statistics,Employer Costs for Employee Compensation, 1986-2001, Table 1(http://stats.bls.gov/ncs/ect/sp/ecechist.pdf).(5)General aviation travelers: medianannual income from 2000 survey of members bythe Aircraft Owners andPilots Association ($90,000), divided by 2,000.TruckDriversAirTravel**SurfaceModes*Category--$18.10--$23.30$40.10$28.60$14.80$21.20$15.60Intercity TravelPersonalBusinessAll Purposes ***$18.10------$21.20$11.20BusinessAll Purposes ***----$10.60PersonalLocal TravelRecommended HourlyValuesofTravelTimeSavings(2000 U.S. $ per person-hour)Table 4 (Revision1)* Surface figures applyto all combinations of in-vehicle and other transit time. Walk access,waiting, andtransfer time should be valued at $21.10per hour for personaland $21.20 per hourfor businesstravel when actions affectonly those elements of transit time.** When a weighted average value for air travel must be constructed, thevalue of $31.50 shouldbe used for general aviation passengers on personaltravel and that of$45.00 for generalaviation passengers on business travel.Table 4 (Revision1, continued)***Weighted averages,using distributions of travel bytrippurpose on variousmodes. Distribution for local travelby surface modes: 94.4% personal, 5.6%business. Distribution forintercity travel by surface modes: 86.9%personal, 13.1% business. Distribution for intercity travelby air: 68.7% personal, 31.7% business. All figuresderived from on-line analysis of PMT data from the1995 Nationwide Personal TransportationSurveyat http://www-cta.ornl.gov/npts/1995/Doc/index.shtmlTable 5 (Revision1)$30.00$48.10$35.60----High$19.00$25.40$19.80$25.40$13.40$12.70HighTruckDriversAirTravel**SurfaceModes*Category--$18.10--$20.00$32.10$23.80$12.70$17.00$13.20Intercity TravelPersonalBusinessAll Purposes ***$18.10----$17.00$7.90BusinessAll Purposes ***----$7.40PersonalLowLowLocal TravelPlausible Ranges for HourlyValues of Travel Time Savings(2000 U.S. $ per person-hour)* Surface figures applyto all combinations of in-vehicle and other transit time. Walk access,waiting, andtransfer time should be valued at $21.10per hour for personaland $21.20 per hourfor businesstravel when actions affectonly those elements of transit time.** When a weighted average value for air travel must be constructed, thevalue of $31.50 shouldbe used for general aviation passengers on personaltravel and that of$45.00 for generalaviation passengers on business travel.Table 5 (Revision1, continued)***Weighted averages,using distributions of travel bytrippurpose on variousmodes. Distribution for local travelby surface modes: 94.4% personal, 5.6%business. Distribution forintercity travel by surface modes: 86.9%personal, 13.1% business. Distribution for intercity travelby air: 68.7% personal, 31.7% business. All figuresderived from on-line analysis of PMT data from the1995 Nationwide Personal TransportationSurveyat http://www-cta.ornl.gov/npts/1995/Doc/index.shtmlTable 6 (Revision1)$3,584$3,588$5,600$1,448$14,220Total320230500801,130Person-Hrs.Dollar ValueHours ofTravel Time SavedCategory$11.20$15.60$11.20$18.10$12.582001002080400Local AutoIntercity AutoTransit PassengersTruck DriversTotalper HourVehicle-Hrs.SampleComputation ofValue ofTravelTimeSavingsTable 7 (Revision1)$2,528$3,036$3,950$1,448$10,962Total320230500801,130Person-Hrs.Dollar ValueHours ofTravel Time SavedCategory$7.90$13.20$7.90$18.10$9.702001002080400Local AutoIntercity AutoTransit PassengersTruck DriversTotalper HourVehicle-Hrs.Sample Computation Using Low Values ofTravel Time SavingsTable 8 (Revision1)$4,288$4,554$6,700$1,448$16,990Total320230500801,130Person-Hrs.Dollar ValueHours ofTravel Time SavedCategory$13.40$19.80$13.40$18.10$15.042001002080400Local AutoIntercity AutoTransit PassengersTruck DriversTotalper HourVehicle-Hrs.Sample Computation Using High Values of Travel Time Savings