Rail-truck Competition in the U.S. Freight Market PDF Download
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Author: Seylan Kozanoglu
Publisher:
ISBN:
Category :
Languages : en
Pages : 280
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Book Description
Analysis of shipments of manufactured goods.
Author: Seylan Kozanoglu
Publisher:
ISBN:
Category :
Languages : en
Pages : 280
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Book Description
Analysis of shipments of manufactured goods.
Author:
Publisher:
ISBN:
Category : Freight and freightage
Languages : en
Pages : 316
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Book Description
Author: Alexander L. Morton
Publisher:
ISBN:
Category : Railroads
Languages : en
Pages : 156
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Book Description
Author: Charles River Associates
Publisher:
ISBN:
Category : Railroads
Languages : en
Pages : 40
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Book Description
Author: United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly
Publisher:
ISBN:
Category : Freight and freightage
Languages : en
Pages : 732
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Book Description
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.
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: Seungjae Shin
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
This study reviews the competition and productivity of the U.S. freight transportation industry for the past 41 years. This study investigated the trends of HHI market concentration index values and labor productivity values of rail and truck sectors and tried to find any relationships between the two values in the separate periods before and after the abolishment of the ICC. This study also investigated how the existence of a regulatory body impacted productivity of the freight transportation industry by using a Cobb Douglas production function on annual financial statement data in the U.S. stock exchange market. This study found that: while the truck sector became more competitive after the abolishment of the ICC, the rail sector became less competitive, both sectors had a strong positive correlation between HHI and labor productivity, and the ICC's abolishment resulted in positive changes of total factor productivity for the truck sector only.
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Railroads
Languages : en
Pages : 44
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Book Description
Author: Mark H. Rose
Publisher: Ohio State University Press
ISBN: 0814210368
Category : Business & Economics
Languages : en
Pages : 346
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Book Description
"From 1920 to the mid-1990s, American transportation in the form of railroads, trucks, and airlines was simply a creature of politics and public policy. In brief, the markets for rail, truck, and airlines were not natural entities, but had been created through hard-fought political contests, full-time lobbying, and unceasing litigation. Between 1940 and the late 1970s, moreover, leaders of rail, truck, and airline firms lobbied and litigated to protect the workings of this regulatory regime." "In the mid-1950s, President Eisenhower asked Congress to award railroad executives authority to modify prices and service. Eisenhower was concerned about a railroad industry in decline. During the 1960s, President Johnson sought broad deregulation of rail, trucks, and airline firms. Johnson wanted another device to "fine tune" the economy. In the 1970s, Presidents Nixon, Ford, and Carter sought to deregulate transportation with a view toward reversing "stagflation." Between 1978 and 1980, Congress and President Carter approved deregulation of airlines, trucking, and railroads. Carter aide Mary Schuman played a crucial role in bringing about airline deregulation. For all the market talk that surrounded transportation politics before and after 1980, however, officials of the American state had been and remained the principal agents creating those markets."--BOOK JACKET.
