The Economic Effects of Surface Freight Deregulation

The Economic Effects of Surface Freight Deregulation PDF Author: Clifford Winston
Publisher: Brookings Institution Press
ISBN: 9780815714385
Category : Business & Economics
Languages : en
Pages : 92

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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.

The Economic Effects of Surface Freight Deregulation

The Economic Effects of Surface Freight Deregulation PDF Author: Clifford Winston
Publisher: Brookings Institution Press
ISBN: 9780815714385
Category : Business & Economics
Languages : en
Pages : 92

Get Book Here

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.

Port Economics, Management and Policy

Port Economics, Management and Policy PDF Author: Theo Notteboom
Publisher: Routledge
ISBN: 1000526933
Category : Transportation
Languages : en
Pages : 812

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Book Description
Port Economics, Management and Policy provides a comprehensive analysis of the contemporary port industry, showing how ports are organized to serve the global economy and support regional and local development. Structured in eight sections plus an introduction and epilog, this textbook examines a wide range of seaport topics, covering maritime shipping and international trade, port terminals, port governance, port competition, port policy and much more. Key features of the book include: Multidisciplinary perspective, drawing on economics, geography, management science and engineering Multisector analysis including containers, bulk, break-bulk and the cruise industry Focus on the latest industry trends, such as supply chain management, automation, digitalization and sustainability Benefitting from the authors’ extensive involvement in shaping the port sector across five continents, this text provides students and scholars with a valuable resource on ports and maritime transport systems. Practitioners and policymakers can also use this as an essential guide towards better port management and governance.

Railroad Transportation Policy Act of 1979

Railroad Transportation Policy Act of 1979 PDF Author: United States. Congress. Senate. Committee on Commerce, Science, and Transportation
Publisher:
ISBN:
Category : Railroad law
Languages : en
Pages : 706

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Book Description


Deregulation of Network Industries

Deregulation of Network Industries PDF Author: Sam Peltzman
Publisher: Rowman & Littlefield
ISBN: 9780815713418
Category : Business & Economics
Languages : en
Pages : 228

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Book Description
Although the airline, railroad, telecommunications, and electric power industries are at very different stages in adjusting to regulatory reform, each industry faces the same critical public policy question: Are policymakers taking appropriate steps to stimulate competition or are they turning back the clock by slowing the process of deregulation? This volume addresses that issue and identifies the next steps that policymakers should take to enhance public welfare in the provision of these services. Each chapter identifies the central policy issues that have arisen in each industry as it undergoes transformation to a deregulated environment. The authors reveal the flaws in the residual regulations and make the case for faster and more comprehensive deregulation. A concluding chapter identifies how interest groups continue to exert influence on regulatory agencies and on Congress, potentially undermining deregulation. The papers included here were initially presented in December 1999 at a conference sponsored and organized by the AEI–Brookings Joint Center for Regulatory Studies.

Railroad Economics

Railroad Economics PDF Author: Scott Dennis
Publisher: Elsevier
ISBN: 0080548938
Category : Business & Economics
Languages : en
Pages : 291

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Book Description
Research in Transportation Economics is now available online at ScienceDirect — full-text online of volumes 6 onwards. Elsevier book series on ScienceDirect gives multiple users throughout an institution simultaneous online access to an important compliment to primary research. Digital delivery ensures users reliable, 24-hour access to the latest peer-reviewed content. The Elsevier book series are compiled and written by the most highly regarded authors in their fields and are selected from across the globe using Elsevier's extensive researcher network. For more information about the Elsevier Book Series on ScienceDirect Program, please visit:http://www.info.sciencedirect.com/bookseries/

Railroad Consolidation

Railroad Consolidation PDF Author: United States. Congress. House. Committee on Small Business
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 256

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Book Description


Staggers Rail Act of 1980

Staggers Rail Act of 1980 PDF Author: United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Surface Transportation
Publisher:
ISBN:
Category : Coal
Languages : en
Pages : 592

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Book Description


Railroad Mergers

Railroad Mergers PDF Author: United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust, Monopoly, and Business Rights
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 184

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Book Description


Status of Railroad Economic Regulation

Status of Railroad Economic Regulation PDF Author: United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Railroads
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 296

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Book Description


The Indiana Rail Road Company

The Indiana Rail Road Company PDF Author: Christopher Rund
Publisher: Indiana University Press
ISBN: 0253346924
Category : Business & Economics
Languages : en
Pages : 274

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Book Description
"Christopher Rund chronicles the development of the Indiana Rail Road Company from its origins of part of America's first land grant railroad - the Illinois Central - through the political and financial juggling required by entrepreneur Tom Hoback to purhcase the line when it fell into disrepair. The company was reborn as a robust, profitable carrier and has become a new model for America's regional railroads."--BOOK JACKET.