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Author: Jeffrey Macher Publisher: Routledge ISBN: 0429633645 Category : Business & Economics Languages : en Pages : 309
Book Description
The passage of the Staggers Rail Act in 1980 led brought a renaissance to the freight rail industry. In the decade following, economists documented the effects of the Act on a variety of important economic metrics including prices, costs, and productivity. Over the preceding years, and with the return of the industry to more stable footing, attention to the industry by economists faded. The lack of attention, however, has not been due to a dearth of ongoing economic and policy issues that continue to confront the industry. In this volume, we begin to rectify this inattention. Rather than retread older analyses or provide yet another look at the consequences of Staggers, we assemble a collection of ten chapters in four sections that collectively provide fresh and up-to-date analyses of the economic issues and policy challenges the industry faces: the first section sets the context through foundational discussion of freight rail; the second section highlights the role of freight rail in an increasingly interrelated economy; the third section examines industry structure and scope in freight rail; and the fourth section assesses current regulatory challenges that confront freight rail. This book will be of great value to researchers, academics, policymakers, and students interested in the fields of freight rail economics and policy, transportation, business history, and regulatory economics.
Author: United States. Federal Railroad Administration. Office of Policy and Program Development Publisher: ISBN: Category : Railroads Languages : en Pages : 514
Author: Clifford Winston Publisher: Brookings Institution Press ISBN: 0815714386 Category : Business & Economics Languages : en Pages : 80
Book Description
For close to 100 years, America's surface freight industries, primarily rail and trucking, operated under the protective wing of the U.S. government. In 1980 Congress, finding vast inefficiencies in the two industries, substantially deregulated both, opening them at last to market competition. Deregulation has brought with it many changes—for firms within the industries, for their labor force, and for shippers and their customers. Clifford Winston, Thomas M. Corsi, Curtis M. Grimm, and Carol A Evans provide a comprehensive evaluation of the effect of the deregulation legislation on the rail and trucking industries. According to the authors, deregulation has made substantial progress in solving the two most vexing problems of the surface freight transportation industry—excessive rates in the trucking industry and insufficient returns on investment in the rail industry. Competition and efficiency have returned to both industries, and although the labor force in each has suffered wage and job losses, shippers and their customers have gained roughly $20 billion a year in benefits. The authors recommend policies that would continue to promote competition and the efficient use of highway and railway infrastructure.
Author: Mark H. Rose Publisher: University of Pennsylvania Press ISBN: 0812221168 Category : History Languages : en Pages : 344
Book Description
This book focuses on the role of government in organizing the nation's transportation industries. As the authors show, over the course of the twentieth century transportation in the United States was as much a product of hard-fought politics, lobbying, and litigation as it was a naturally evolving system of engineering and available technology.
Author: Theodore E. Keeler
Author: Theodore E. Keeler
Author: Jeffrey Macher
Author: James C. Nelson
Author: United States. Federal Railroad Administration. Office of Policy and Program Development
Author: Clifford Winston
Author: Wisconsin. Department of Transportation
Author: George E. Tubman
Author: Mark H. Rose
Author: Association of American Railroads
Author: Jeffrey R. Orenstein