THE ROAD TO DISASTER

Most crucial problem faced by North American railroads today is the deplorable condition of the roadbeds, the result of years of deferred maintenance. Money cannot now be found within the industry to stop the deferrals, much less to eliminate previously accumulated deferrals. A conservative estimate of this M/W deficiency is $4,727 billion. Possible solutions to the problem are the nationalization of the railroads, so far rejected in the U.S.; a Congressional aid program that will not destroy the private enterprise rail system; government-guaranteed low-interest loans; or a self-liquidating rail trust fund, financed by highway excise and diesel fuel taxes and a special surtax on all surface freight transportation.

  • Availability:
  • Corporate Authors:

    Cahners Publishing Company, Incorporated

    5 South Wabash Avenue
    Chicago, IL  United States  60603
  • Authors:
    • Myers, E T
  • Publication Date: 1975-10

Media Info

  • Features: Figures; Photos;
  • Pagination: p. 56-60
  • Serial:
    • Modern Railroads
    • Volume: 30
    • Issue Number: 10
    • Publisher: K-III Press, Incorporated
    • ISSN: 0736-2064

Subject/Index Terms

Filing Info

  • Accession Number: 00129328
  • Record Type: Publication
  • Source Agency: Canadian National Railways, Headquarters Library
  • Files: TRIS
  • Created Date: Feb 19 1976 12:00AM