PROFESSOR RIPLEY REVISITED: A CURRENT ANALYSIS OF RAILROAD MERGERS

Professor William Z. Ripley was commissioned by the ICC in 1920 to prepare a plan for consolidating American railroads into a limited number of financially viable systems. Consolidations are examined in the light of the regulatory environment because its ramifications did much to produce the current situation. The advantages and disadvantages of merger are examined. The course of the merger movement since 1957 is discussed. Finally the authors express their opinions regarding the ICC'S overall merger policy--or lack of policy, and the prudence of authorizing any more rail mergers. The present merger picture is examined in the light of Professor Ripley's recommendations.

• Corporate Authors:

  Association of Interstate Commerce Com Practitners

  1112 ICC Building, 12th Street & Constitution Avenue, NW
  Washington, DC  United States  20423
• Authors:
  • Johnson, J C
  • Whiteside, T C
• Publication Date: 1975-4

Media Info

• Features: Tables;
• Pagination: p. 419-452
• Serial:
  • ICC Practitioners Journal
  • Volume: 42
  • Issue Number: 4
  • Publisher: N/A

Subject/Index Terms

• TRT Terms: Abandonment; Bankruptcy; Business conglomerates; Consolidations; Mergers; Policy; Regulations; Transportation policy
• Identifier Terms: U.S. Interstate Commerce Commission
• Geographic Terms: United States
• Old TRIS Terms: Government policies; Government regulations; National transportation policies
• Subject Areas: Finance; Law; Policy; Railroads;

Filing Info

• Accession Number: 00096577
• Record Type: Publication
• Files: TRIS
• Created Date: Jul 24 1975 12:00AM