THE ROLE OF GOVERNMENT IN RAILROAD RESTRUCTURING. RAIL MERGER STUDY. ISSUE PAPER NUMBER 5

Government interest in merger or restructuring of railroads differs from that involving other modes because railroading involves with it control over rights-of-way and rail services in potentially large markets and geographical areas. Involved are impacts on shippers, communities, employees and other transportation companies. There has also been a need to preserve and improve major services threatened by the physical and financial deterioration of individual railroads. Discussed are government's objectives and priorities; the degree of government initiative in starting the restructuring process; the powers and control exercised and degree to which disposition of assets is directed; the amount of money government is willing to spend; and the roles and powers of individual agencies and the structure of interaction among them.

• Corporate Authors:

  Interstate Commerce Commission

  Rail Services Planning Office
  Washington, DC  United States  20423
• Publication Date: 1977-8-1

Media Info

• Features: Appendices; Figures; Tables;
• Pagination: 186 p.

Subject/Index Terms

• TRT Terms: Bankruptcy; Competition; Consolidations; Financing; Government funding; Industry structure; Mergers; Policy; Policy making; Regulations; Right of way (Land); Socioeconomic factors; Subsidies; Traffic managers; Transportation modes; Transportation planning
• Identifier Terms: Railroad Revitalization and Regulatory Reform Act of 1976; U.S. Interstate Commerce Commission
• Uncontrolled Terms: Shippers
• Old TRIS Terms: Government policies; Government regulations
• Subject Areas: Administration and Management; Economics; Finance; Law; Policy; Railroads; Society;

Filing Info

• Accession Number: 00165089
• Record Type: Publication
• Report/Paper Numbers: Issue Paper 5
• Files: TRIS
• Created Date: Nov 23 1977 12:00AM