OPERATING AND FINANCIAL IMPLICATIONS OF GOVERNMENT TAKEOVER OF THE U.S. RAILROAD INDUSTRY'S FIXED PLANT
This report, prepared for the special Subcommittee on Federalized Rights-of-Way of the Legal Affairs Committee of the Association of American Railroads concludes that government takeover of the railroad industry's fixed plant would ultimately lead to total nationalization of the industry. The operating characteristics of the rail mode require integrated control of fixed plant and train operations, it is claimed. Takeover would impair rail efficiency, result in wasteful spending for rehabilitation, reduce the inherent economic advantage of rail transport and alter the competitive status of the various modes. The appendix traces origins and development of rail transportation in the U.S. and other major industrial nations.
Richardson Associates245 Park Avenue
New York, NY United States
- Publication Date: 1975-5
- Pagination: 32 p.
- TRT Terms: Competition; Governments; Industry structure; Maintenance of way; Nationalization; Ownership; Policy; Right of way (Land); Transportation modes
- Old TRIS Terms: Government policies
- Subject Areas: Administration and Management; Policy; Railroads;
- Accession Number: 00138338
- Record Type: Publication
- Files: TRIS
- Created Date: Aug 3 1976 12:00AM