THE MAKING OF CONRAIL
The Regional Rail Reorganization Act of 1973 brought into being Conrail, a private sector rail carrier created through government planning and launched with government capital. The United States Railway Association, a non-profit planning agency, was created by Congress to implement the statuatory requirements, balancing ICC's goal of service preservation at the cost of financial viability against DOT's readiness to sacrifice adequate service for profits. The adequacy of the planning process relating to Conrail's routes, physical facilities and market structure are critical to the railroad's future. The status of policy making, finance, organization and prospects for the future are discussed.
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Supplemental Notes:
- This article was first published by the author on June 30, 1977, as part of a panel discussion on "The Railroad's Future: The 4-R Act" before the 48th Annual Meeting of the Association of Interstate Commerce Commission Practicioners in New York.
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Corporate Authors:
Association Interstate Commerce Comm Practitioner
1112 ICC Building
Washington, DC United States 20423 -
Authors:
- Hillman, J J
- Publication Date: 1977-11
Media Info
- Pagination: p. 18-26
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Serial:
- ICC Practitioners Journal
- Volume: 45
- Issue Number: 1
- Publisher: N/A
Subject/Index Terms
- TRT Terms: Abandonment; Bankruptcy; Financing; Government funding; Industry structure; Management; Mergers; Planning; Policy
- Identifier Terms: Conrail; Penn Central Transportation Company; Railroad Revitalization and Regulatory Reform Act of 1976
- Old TRIS Terms: Government policies; Management planning; Regional rail reorganization act; United states railway association
- Subject Areas: Administration and Management; Finance; Planning and Forecasting; Policy; Railroads;
Filing Info
- Accession Number: 00167917
- Record Type: Publication
- Files: TRIS
- Created Date: Dec 27 1977 12:00AM