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Author: Michael Conant
Publisher: Berkeley : University of California Press
ISBN:
Category : Railroads
Languages : en
Pages : 236
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Book Description
Author: Michael Conant
Publisher: Berkeley : University of California Press
ISBN:
Category : Railroads
Languages : en
Pages : 236
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Book Description
Author: Michael Conant
Publisher: Univ of California Press
ISBN:
Category :
Languages : en
Pages : 228
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Book Description
Author: Michael Conant
Publisher:
ISBN:
Category :
Languages : en
Pages : 212
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Book Description
Author: James B. Burns
Publisher: Bloomsbury Publishing USA
ISBN: 0313035342
Category : Business & Economics
Languages : en
Pages : 232
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Book Description
Between 1970 and 1997, the nation's railroads engaged in corporate mergers in an effort to stem the decline of the industry's market base, increase low return on investments, and counter the deterioration of trackage and equipment. The 73 Class I carriers in existence in 1970 have been consolidated into only 10 today. The recent battle over Conrail is only the most recent and highly publicized example of this trend that resulted from the relaxation of federal regulation. Business scholars, economists, railroad buffs, and anyone interested in transportation and federal regulation will find this book an invaluable tool.
Author: United States. Rail Services Planning Office
Publisher:
ISBN:
Category : Railroads
Languages : en
Pages : 132
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Book Description
Author: Leon Hirsch Keyserling
Publisher:
ISBN:
Category : Consolidation and merger of corporations
Languages : en
Pages : 116
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Book Description
Author: United States. Rail Services Planning Office
Publisher:
ISBN:
Category : Railroads
Languages : en
Pages : 44
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Book Description
Author: Michael Conant
Publisher: JAI Press
ISBN: 9780762310791
Category : Transportation
Languages : en
Pages : 0
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Book Description
Two major U.S. Midwestern railroads, the Rock Island Lines and the Milwauke Road, filed for bankruptcy after 1975 and the Court ordered them dismembered. This study explains the economic factors causing financial failure such as total rail line excess capacity in the region leading to low density of freight traffic; in addition, labor union rules required unnecessary large train crews. The regulations of the Interstate Commerce Commission aggravated the economic problems by limiting rail line abandonments and mergers designed to improve efficiency. Congress passed the Staggers Act in 1980 to correct a large part of the regulatory limitations to efficient reorganization of the U.S. rail system, but it was too late to save the Rock Island and the Milwaukee Road. The later chapters are economic analyses of the more recent mergers of the large railroads from the Mississippi River to the Pacific Coast. A key saving resulted from the court ruling that segments of rail line could be sold to new short-line railroads without the selling carrier having to pay special compensation to rail workers who were discharged. The Illinois Central Railroad was a prime example of a carrier that sold almost all of its branch lines. Great efficiencies in operations were realized as the Union Pacific acquired the Missouri Pacific and the Southern Pacific. Comparable efficiencies were realized by the Burlington Northern acquisitions of the St. Louis-San Francisco and the Atchison, Topeka & Santa Fe.
Author: United States. Congress. Senate. Committee on the Judiciary
Publisher:
ISBN:
Category : Railroads
Languages : en
Pages : 900
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Book Description
Author: Charles Richards Cherington
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 296
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Book Description
