Sensing, information, and communication technologies have become fundamental components to transportation system management in the connected era. We have been witnessing an increasing number of instrumented networks and cooperative transportation systems deployed around the globe. The subsequent increasing availability of traffic measurements and data offer opportunities for research and development of advanced holistic methodologies and tools for dynamic transport systems modelling and optimisation. Recent advances in sensing, vehicle communication and automation technologies have generated new kinds of measurements, vehicles and infrastructure communications, and control actuation capabilities. There is a genuine and timely need for developing novel modelling and optimisation techniques in order to harness the opportunities offered by these technological achievements and consequently enhance the performance of transportation systems.