RE-ORGANIZATION OF US RAILWAY SYSTEMS

As much as the railroad industry has improved its cost structure, its physical plant and its financial performance over the last 20 years, it continues to have significant shortcomings. When looking at transportation in global terms, it's obvious that a railroad serving only one coast is handicapped because it may miss out on future changes in worldwide trading patterns. The biggest problem for the rail industry is that it hasn't been able to earn its cost of capital. This speech details that the next logical step in the evolution of the North American rail industry is the formation of railroads stretching from ocean to ocean and coast to coast. This will have economic consequences for the maritime industry in general and for ports in particular.

  • Corporate Authors:

    International Federation of Port Cargo Distributors

    Koun Kaikan, 6-11-10 Shimbashi, Minato-ku
    Tokyo 105-0004,   Japan 
  • Authors:
    • Lautsch, S G
  • Conference:
  • Publication Date: 1999

Language

  • English

Media Info

  • Pagination: p. 144-159

Subject/Index Terms

Filing Info

  • Accession Number: 00794155
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Jun 2 2000 12:00AM