Webinar: Balancing of Truck Parking Demand by a Centralized Incentives/Pricing System

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METRANS UTC Spring 2022 Speaker Series: Balancing of Truck Parking Demand by a Centralized Incentives/Pricing System

Event Overview

The main objective of this project is to develop a centralized truck parking system that will balance parking utilization in time and space by using full information about supply and demand. Surveys find that most drivers use unauthorized parking locations at least once a week and studies report that many drivers often spend more than 30 minutes looking for parking, or park one hour earlier than required in order to guarantee parking, both of which reduce productivity.  Nevertheless, less than 50% of truck stops reported working overcapacity, and the reported difficulties with parking usually refer to the period between 7PM and 5AM. Despite being recognized as one of the trucking industry's top issues, truck parking is rarely considered by studies on truck routing and scheduling.  This research develops a central parking coordinator system capable of directing the multiple planners of the trucking industry into choosing itineraries that will not overburden parking facilities.

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Feature Article: "PSR Hosts Seminar on Balancing of Truck Parking Demand by a Centralized Incentives/Pricing System"

Speakers

Image of Petros Ioannou

Petros Ioannou received the B Sc. degree with First Class Honors from University College London, in 1978 and the M.S and Ph.D. degrees from the University of Illinois, Urbana, Illinois, in 1980 and 1982, respectively. In 1982, he joined the Department of Electrical Engineering-Systems, University of Southern California, where he is currently a Professor and holder of the AV. Bal* Balakrishnan Chair. He is the Director of the Center of Advanced Transportation Technologies, the Associate Director for Research of METRANS, a University Transportation Center. Dr. loannou received many research awards with the most recent ones been the 2012 IEEE Intelligent Transportation System Society Research Award, the 2016 IEEE Transportation Technologies Field Award and the BEE Control System Society Transition to Practice Award for his work on the design and commercialization of Adaptive Cruise Control Systems. He is a Fellow of IEEE, IFAC, IT and AAAS and the author/co-author of 8 books and over 300 research papers.

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