CONRAIL'S REDUCED CAPITAL PROGRAM COULD JEOPARDIZE THE NORTHEAST RAIL FREIGHT SYSTEM

Because of limited funds, Conrail is planning to reduce its spending on track rehabilitation, additions and improvements to the physical plant, and equipment. GAO believes such cutbacks, which are similar to the strategy which contributed to the collapse of the Northeast rail system, would pose an unacceptable risk to the Federal investment in Conrail.

Media Info

  • Features: Appendices;
  • Pagination: 32 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00322647
  • Record Type: Publication
  • Report/Paper Numbers: CED-80-56
  • Files: TRIS
  • Created Date: Dec 11 1980 12:00AM