ABANDONMENT IS NOT THE ANSWER

The pros and cons of abandonment policy are discussed. It is concluded that massive abandonment will not produce healthier railroads nor would this program necessarily be in the public interest. Case-by-case analysis on almost any major railroad will reveal some lines that are a financial liability, but weighing both the pluses and the minuses of large-scale retrenchment leads to the fundamental conclusion that abandonment is counterproductive and will fail to arrest the railroad's decline.

• Corporate Authors:

  Railway Systems and Management Association

  181 East Lake Shore Drive
  Chicago, IL  United States  60611
• Authors:
  • Meislahn, H S
• Publication Date: 1973

Media Info

• Features: Figures;
• Pagination: p. 1-8
• Serial:
  • Railway Management Review
  • Volume: 73
  • Issue Number: 2
  • Publisher: Railway Systems and Management Association

Subject/Index Terms

• TRT Terms: Abandonment; Economics
• Identifier Terms: Penn Central Transportation Company
• Subject Areas: Economics; Railroads;

Filing Info

• Accession Number: 00054266
• Record Type: Publication
• Files: TRIS
• Created Date: Jun 3 1974 12:00AM