THE RAILROAD MERGERS AND THE COMING OF CONRAIL
Railroads of the early 20th century are described and regional differences noted. The effects of early consolidation efforts, the Transportation Acts of 1920 and 1940, the Ripley Plan and the Esch-Cummins initiative are described. The post-World War II mergers are detailed and discussed with special emphasis on Penn Central and its successor, Conrail. The Klitenic plan for the Midwest, ICC's response to a proposal for Union Pacific/Rock Island merger which was never consummated, is seen as a real solution to that region's problems. Government and management are seen as primarily responsible for U. S. railroad problems; railway labor costs and productivity are given little attention; government ownership is seen as a solution.
Greenwood Press51 Riverside Avenue
Westport, CT United States 06880
- Saunders, R
- Publication Date: 0
- Pagination: 389 p.
- TRT Terms: Bankruptcy; History; Industry structure; Management; Mergers; Nationalization; Ownership; Policy; Productivity; Regulations
- Identifier Terms: Conrail; Penn Central Transportation Company
- Old TRIS Terms: Government policies; Government regulations; Management policies; Regional rail reorganization act
- Subject Areas: Administration and Management; Finance; History; Law; Policy; Railroads;
- Accession Number: 00195542
- Record Type: Publication
- Files: TRIS
- Created Date: Jul 31 1979 12:00AM