Value of Information in Analyzing Freight Transportation Resilience Considering Economic Impacts
Research Poster Engineering 2025 Graduate ExhibitionPresentation by Ameya Ajay Talatule
Exhibition Number 145
Abstract
Freight transportation networks are essential for economic stability, but unexpected disruptions can significantly impact supply chains and logistics. This study focuses on enhancing the resilience of Pennsylvania’s multimodal freight transportation network by analyzing economic impacts, optimizing budget distribution for infrastructure improvements, and evaluating the role of information in decision-making. A network model incorporating supply and demand nodes is developed to assess how disruptions affect capacity and commodity flow. Simulation-based optimization methods are used to identify critical infrastructure investments that minimize financial losses. The model is tested on Oklahoma’s freight network to validate its effectiveness in estimating economic impact and improving network resilience. The results highlight the importance of strategic investment in infrastructure and the role of data-driven decision-making in mitigating risks. By developing a framework for improving freight mobility and infrastructure reliability, this research provides valuable insights for policymakers and industry professionals aiming to strengthen Pennsylvania’s role as a key transportation hub.
Importance
Industries, companies, and consumers may all be negatively impacted by freight transportation disruptions. By combining economic analysis, optimization techniques, and well-informed decision-making, this research contributes to the improvement of transportation resilience. Enhancing network efficiency and minimizing financial losses can be achieved by identifying important vulnerabilities and optimizing infrastructure investment. The results highlight how crucial it is to employ data-driven tactics to preserve supply chain stability and lessen the effects of unforeseen circumstances. Increasing Pennsylvania's multimodal freight network boosts the state's competitiveness as a logistics hub, promotes economic expansion, and guarantees dependable freight movement. To create a more robust and effective freight transportation system, this study offers insightful suggestions to legislators, transportation planners, and business executives.