RAIL MERGER STUDY: PRELIMINARY REPORT

This report contains preliminary recommendations of the ICC's Rail Services Planning Office concerning the future course of rail mergers and consolidations. After exploring seven issues, the basis of Issue Papers previously issued, this report marks the first point in the studies mandated by the Railroad Revitalization and Regulatory Reform Act of 1976 where RSPO is taking positions and making recommendations. Among the recommendations to the ICC are advocacy of rail restructuring through the merger process; endorsement of end-to-end mergers as more advantageous and less risky than parallel mergers; emphasis on voluntary agreement among carriers rather than government directive; acknowledgment that labor protective conditions must be based on statute; declaration that mergers are not the effective way to deal with marginal carriers and that ICC's primary responsibility is to assure adequate service rather than preservation of corporate entities; continue present policies with respect to national defense as a merger criterion; and continue present procedures with respect to environmental and community impact. A series of other recommendations are also included.

• Corporate Authors:

  Interstate Commerce Commission

  Rail Services Planning Office
  Washington, DC  United States  20423
• Publication Date: 1977-11-1

Media Info

• Features: Appendices;
• Pagination: 40 p.

Subject/Index Terms

• TRT Terms: Abandonment; Bankruptcy; Consolidations; Environmental impacts; Industry structure; Labor law; Legislation; Measures of effectiveness; 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; Service effectiveness
• Subject Areas: Administration and Management; Environment; Finance; Law; Policy; Railroads;

Filing Info

• Accession Number: 00167915
• Record Type: Publication
• Source Agency: Interstate Commerce Commission
• Files: TRIS
• Created Date: Dec 27 1977 12:00AM