Accurate, reliable, and timely traffic information is critical for deployment and operation of intelligent transportation systems (ITSs). Traffic forecasting for travelers and traffic operators should become at least as useful and convenient as weather reports. In the US, the Federal Highway Administration (FHWA) has envisioned a real-time traffic estimation and prediction system (TrEPS) as an ITS support platform that resides at traffic management centers (TMCs) for dynamic route assignment (DRA) and other transportation operations.