RAIL MERGER STUDY

This final report recommends that the Interstate Commerce Commission adopt a statement spelling out the policies which it intends to follow in all future rail consolidation cases. It advocates reliance on negotiation among the merger parties, with a minimum of government involvement in the prerogatives of rail management, while assuring that the public's stake in a sound and efficient rail system is preserved. It is concluded that mergers are not a panacea for all of the rail industry's problems but can be valuable for railroads to consider in evaluating their future. It is believed that improvements resulting from rate restructuring, innovative marketing, enlightened management, labor reform and responsible governmental action are necessary if the long-range problems of the industry are to be solved.

  • Corporate Authors:

    Interstate Commerce Commission

    Rail Services Planning Office
    Washington, DC  USA  20423
  • Publication Date: 1978-2-1

Media Info

  • Features: Appendices;
  • Pagination: 65 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00172639
  • Record Type: Publication
  • Source Agency: Interstate Commerce Commission
  • Report/Paper Numbers: Final Rpt.
  • Files: TRIS
  • Created Date: Mar 29 1978 12:00AM