ISSUES OF REGULATION UNDER PRIVATE AND PUBLIC OWNERSHIP

This paper discusses the transition from private to public ownership, and comments on the regulation under private and public ownership. The shift from private to public operations changed the focus and the standards for the evaluation of systems. The question that is now raised related to how many people the system serves, how well it serves them, and the capacity of the policy, regulatory and management structure to meet the objectives established for public transportation within the community. Regulation under private ownership involved regulation related to fare and the service (quantity, quality, safety) provided by private transit companies. When privately owned systems become public, the authorities in many situations were vested with the power, authority, and jurisdiction to exercise the functions necessary for maintaining public transportation as an ongoing function, sometimes restricted only by the intent that the system should be self-financing and self-liquidating. Many regional authorities have been given the power to regulate not only their own operations but also those of other systems that operate in their areas. Some transit systems suffer from the requirement that permission be requested from several levels of authority before decisions are made. Many authorities have been faced with making major regulatory decisions without having the needed expertise and data to handle the question adequately.

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    • This paper appeared in Transportation Research Board Special Report No. 181, Urban Transportation Economics. It contains proceedings of Five Workshops on Pricing Alternatives, Economic Regulations, Labor Issues, Marketing, and Government Financing Responsibilities held by Transportation Research Board. Sponsored by Office of the Secretary, Federal Highway Administration, and Urban Mass Transportation Administration of DOT; Environmental Protection Agency; and Federal Energy Administration.
  • Corporate Authors:

    Transportation Research Board

    500 Fifth Street, NW
    Washington, DC  United States  20001
  • Authors:
    • Buchanan, R C
  • Publication Date: 1978

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  • Accession Number: 00176495
  • Record Type: Publication
  • Files: TRIS, TRB
  • Created Date: Nov 14 1981 12:00AM