THE GREAT RAILROAD ROBBERY: DISINVESTMENT

Diversification into non-transportation areas was considered a way of strengthening the parent railroad. However, during the last decade, it has become apparent that diversification has become a conglomeration and the parent railroad has become a subsidiary. As the railways are divested of their assets it becomes increasingly hard to raise capital for needed improvements such as equipment, track improvements, etc. At least fourteen major railroads are now controlled by holding companies.

  • Availability:
  • Corporate Authors:

    Cahners Publishing Company, Incorporated

    5 South Wabash Avenue
    Chicago, IL  USA  60603
  • Publication Date: 1974-9

Media Info

  • Pagination: p. 67-72
  • Serial:
    • Modern Railroads
    • Volume: 29
    • Issue Number: 9
    • Publisher: K-III Press, Incorporated
    • ISSN: 0736-2064

Subject/Index Terms

Filing Info

  • Accession Number: 00080766
  • Record Type: Publication
  • Source Agency: Canadian National Railways, Headquarters Library
  • Files: TRIS
  • Created Date: Feb 27 1975 12:00AM