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Author: Christopher C. Barnekov
Publisher:
ISBN:
Category : Railroads
Languages : en
Pages : 32
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Book Description
Author: Christopher C. Barnekov
Publisher:
ISBN:
Category : Railroads
Languages : en
Pages : 32
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Book Description
Author: Jeffrey Macher
Publisher: Routledge
ISBN: 0429633645
Category : Business & Economics
Languages : en
Pages : 309
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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: Sam Peltzman
Publisher: Brookings Institution Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 222
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Book Description
Contains four papers which discuss deregulation of specific service industries and question the progress of and obstacles to regulatory reform.
Author: Ian Savage
Publisher: Springer Science & Business Media
ISBN: 146155571X
Category : Business & Economics
Languages : en
Pages : 236
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Book Description
The American public has a fascination with railroad wrecks that goes back a long way. One hundred years ago, staged railroad accidents were popular events. At the Iowa State fair in 1896, 89,000 people paid $20 each, at current prices, to see two trains, throttles wide open, collide with each other. "Head-on Joe" Connolly made a business out of "cornfield meets" holding seventy-three events in thirty-six years. Picture books of train wrecks do good business presumably because a train wreck can guarantee a spectacular destruction of property without the messy loss of life associated with aircraft accidents. A "train wreck" has also entered the popular vocabulary in a most unusual way. When political manoeuvering leads to failure to pass the federal budget, and a shutdown is likely of government services, this is widely called a "train wreck. " In business and team sports, bumbling and lack of coordination leading to a spectacular and public failure to perform is also called "causing a train wreck. " A person or organization who is disorganized may be labelled a "train wreck. " It is therefore not surprising that the public perception of the safety of railroads centers on images of twisted metal and burning tank cars, and a general feeling that these events occur quite often. After a series of railroad accidents, such as occurred in the winter of 1996 or the summer of 1997, there are inevitable calls that government "should do something.
Author: United States
Publisher:
ISBN:
Category : Interstate commerce
Languages : en
Pages : 294
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Book Description
Author: Ann Fetter Friedlaender
Publisher: MIT Press (MA)
ISBN:
Category : Freight and freightage
Languages : en
Pages : 398
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Book Description
The authors of this study evaluate the consequences of deregulation in the rail and trucking industries and, in particular, quantify the efficiency and distributional effects of such a change.
Author: William R. Childs
Publisher: Texas A&M University Press
ISBN: 9781585444526
Category : Business & Economics
Languages : en
Pages : 350
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Book Description
Before OPEC took center stage, one state agency in Texas was widely believed to set oil prices for the world. The Texas Railroad Commission (TRC) evolved from its founding in 1891 to a multi-divisional regulatory commission that oversaw not only railroads but also a number of other industries central to the modern American economy: petroleum production, natural gas utilities, and motor carriers (buses and trucks). William R. Childs's unprecedented study of the TRC from its founding until the mid-twentieth century extends our knowledge of commission-style regulation. It focuses on the interplay between business and regulators, between state and national regulatory commissions, and among the three branches of government through a process of "pragmatic federalism." Drawing on extensive primary research, Childs demonstrates that the alleged power of regulatory commissions has been more constrained than most observers have recognized. As he shows, the myth of power was devised by the agency itself as part of building a civil religion of Texas oil. Together, the myth and the civil religion enabled the TRC to convince Texas oil operators to follow production controls and thus stabilized the American oil industry by the 1940s. The result of this fascinating study is a more nuanced understanding of federalism and of regulation, the forces shaping it, and its outcomes.
Author: Elizabeth Pinkston
Publisher:
ISBN:
Category : Freight and freightage
Languages : en
Pages : 70
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Book Description
Author: James W. Ely, Jr.
Publisher: University Press of Kansas
ISBN: 0700611444
Category : Law
Languages : en
Pages : 376
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Book Description
No enterprise is so seductive as a railroad for the influence it exerts, the power it gives, and the hope of gain it offers.—Poor's Manual of Railroads (1900) At its peak, the railroad was the Internet of its day in its transformative impact on American life and law. A harbinger and promoter of economic empire, it was also the icon of a technological revolution that accelerated national expansion and in the process transformed our legal system. James W. Ely Jr., in the first comprehensive legal history of the rail industry, shows that the two institutions-the railroad and American law-had a profound influence on each other. Ely chronicles how "America's first big business" impelled the creation of a vast array of new laws in a country where long-distance internal transport had previously been limited to canals and turnpikes. Railroads, the first major industry to experience extensive regulation, brought about significant legal innovations governing interstate commerce, eminent domain, private property, labor relations, and much more. Much of this development was originally designed to serve the interests of the railroads themselves but gradually came to contest and control the industry's power and exploitative tendencies. As Ely reveals, despite its great promise and potential as an engine of prosperity and uniter of far-flung regions, the railroad was not universally admired. Railroads uprooted people, threatened local autonomy, and posed dangers to employees and the public alike-situations with unprecedented legal ramifications. Ely explores the complex and sometimes contradictory ways in which those ramifications played out, as railroads crossed state lines and knitted together a diverse nation with thousands of miles of iron rail. Epic in its scope, Railroads and American Law makes a complex subject accessible to a wide range of readers, from legal historians to railroad buffs, and shows the many ways in which a powerful industry brought change and innovation to America.
Author: Daniel Brod
Publisher: Transportation Research Board
ISBN: 0309283485
Category : Highway-railroad grade crossings
Languages : en
Pages : 119
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Book Description
"TRB's National Cooperative Highway Research Program (NCHRP) Report 755: Comprehensive Costs of Highway-Rail Grade Crossing Crashes describes a process for estimating the costs of highway-rail grade crossing crashes. A spreadsheet-based tool to facilitate use of the cost estimation process is available online." --Publisher description.
