There are proposals currently under consideration to "deregulate" the transportation industry. This paper examines the basic economic structure of several modes of transportation in an attempt to forecast how successful competition is likely to be as a regulator of price and service to the public. The conclusions are that where the market is close to the economists classical "free market" as in trucking, competition is likely to be reliable, but where oligarchy or monopoly will exist, as in rail transport, competition will be unreliable. The common carrier concept has served this country well in the past and should not be discarded without careful study of the consequences.

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Filing Info

  • Accession Number: 00142930
  • Record Type: Publication
  • Source Agency: American Society of Civil Engineers
  • Report/Paper Numbers: Paper 12290 Proceeding
  • Files: TRIS
  • Created Date: Dec 15 1976 12:00AM