The author notes that the Northeastern railroad problem cannot be traced to any single predominant source but is the result of a multiplicity of interrelated influences. While some sources of weakness are peculiar to Northeastern railroads, to a large extent the troubles are an intensified version of problems encountered by all U.S. railroads. It is concluded that nothing short of drastic reforms can restore the financial health; that these measures will have adverse effects on shipper and carrier interests and that legislative efforts to restore viability to the railroads will severely test the ability of the political process to subordinate individual interests to the greater public good. Prospects, says the author, are not promising.

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  • Supplemental Notes:
    • This paper was presented at the Third Annual J. Leo Cooke Memorial Seminar, sponsored by the Decatur, Illinois, Chapter of Delta Nu Alpha, April 27, 1974.
  • Corporate Authors:

    American Society of Traffic and Transportation

    547 West Jackson Boulevard
    Chicago, IL  United States  60606
  • Authors:
  • Publication Date: 1974

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Filing Info

  • Accession Number: 00095285
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Jul 15 1975 12:00AM