NORTHEAST RAILROAD PROBLEM
This monograph examines the sources of the current problem of the bankrupt railroads of the northeastern United States and derives from this inquiry some indications of the proper policy to be followed. The decline of the railroads is attributed to an inappropriate economic organization and a geographical pattern in which the companies are simultaneously rivals and joint venturers, and an archaic technology of separate cars fitted with a nineteenth-century coupling and braking system. The combination of the two factors produces uncertain arrival times, a high incidence of damage claims, and excessive labor expenses. It is proposed that America's railroads should be reorganized into a competitive industry of four to seven nationwide integrated transportation companies, using containerized technology for general cargo. This proposal is then compared with federal policy under the Regional Rail Reorganization Act of 1973.
American Enterprise Institute for Public Policy Research1150 17th Street, NW
Washington, DC USA 20036
- Hilton, G W
- Publication Date: 1975-7
- Pagination: 59 p.
- TRT Terms: Carriers; Competition; Containerization; Management; Mergers; Policy; Unit trains
- Geographic Terms: Northeastern United States
- Old TRIS Terms: Government policies; Regional rail reorganization act
- Subject Areas: Administration and Management; Policy; Railroads;
- Accession Number: 00125872
- Record Type: Publication
- Report/Paper Numbers: Study 35
- Files: TRIS
- Created Date: Nov 5 1975 12:00AM