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Traffic congestion on U.S. roadways is back after two consecutive years of declines, with traffic congestion up 4% in the first quarter compared to 2012, according to traffic information provider Inrix in its sixth Traffic Scorecard Annual Report.
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A new report says gridlock in the U.S. has staged a dramatic comeback after two years of post-recession lows, but it’s also a sign the economy is bouncing back. Data from the most recent Inrix Gridlock Index shows traffic jumped by almost 10% during February – the largest year-over-year increase recorded in two years, and a healthy sign of rising economic activity across 100 metro areas.
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Congestion has a price, and for the trucking industry, It's billions of dollars lost. The total financial cost of congestion in 2011 was $121 billion, up one billion dollars from the year before and translating to $818 per U.S. commuter. Of that total, about $27 billion worth was wasted time and diesel fuel from trucks moving goods on the system.
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