Risk Shifting as Use of Market Power: Transportation of Dangerous Goods

Risks associated with the transportation by rail of dangerous goods, particularly petroleum products and Toxic Inhalation Hazard (“TIH”) commodities, have received significant attention following the tragic incident at Lac-Mégantic and subsequent incidents. Even before Mégantic, rail carriers had already exercised their market power to shift certain of those risks to those unable to avoid it. In this paper, we identify some commercial manifestations of that market power, many of which apply in the context of the transportation of dangerous goods, while others apply more generally.

Language

  • English

Media Info

  • Media Type: Web
  • Pagination: 1 PDF file, 128 KB, 15p.
  • Monograph Title: Canadian Transportation Research Forum 50th Annual Conference - Another 50 Years: Where to From Here?//Un autre 50 ans : qu'en est-il à partir de maintenant? Montreal, Quebec, May 24-26, 2015

Subject/Index Terms

Filing Info

  • Accession Number: 01605010
  • Record Type: Publication
  • Source Agency: Transportation Association of Canada (TAC)
  • Files: ITRD, TAC
  • Created Date: Jul 26 2016 5:03PM