UP'S MCDONALD: ARE WE EXPECTING TOO MUCH FROM MERGERS?
While predicting a continued reduction in the number of major independent railroad systems, the author cautions that such consolidations cannot solve the basic economic, financial and regulatory problems confronting the industry. Noting that the bulk of rail movements are intra-regional, he sees fewer benefits from "transcontinental" mergers than from regional systems. Short of merger, he calls for reduction in duplicate facilities.
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Simmons-Boardman Publishing Corporation508 Birch Street
Bristol, CT United States 06010
- MCDONALD, W J
- Publication Date: 1978-10-9
- Pagination: p. 48-51
- TRT Terms: Consolidations; Industry structure; Joint use; Management; Mergers; Planning; Policy; Profitability; Travel patterns
- Uncontrolled Terms: Traffic patterns
- Old TRIS Terms: Government policies; Joint facilities; Management planning
- Subject Areas: Administration and Management; Planning and Forecasting; Policy; Railroads;
- Accession Number: 00183310
- Record Type: Publication
- Files: TRIS
- Created Date: Nov 14 1978 12:00AM