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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  • Corporate Authors:

    Simmons-Boardman Publishing Corporation

    508 Birch Street
    Bristol, CT  United States  06010
  • Authors:
    • MCDONALD, W J
  • Publication Date: 1978-10-9

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Filing Info

  • Accession Number: 00183310
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Nov 14 1978 12:00AM