DECLINE AND DECAY OF REA

Railway Express Agency came into existence as a railroad-owned organization in 1929, succeeding American Railway Express which had consolidated most of the nation's several express operations in 1918. The standard operating agreement between individual railroads and REA presented accounting and efficiency problems which were never overcome. REA volume peaked in 1944 and began a decline. As revenues dropped, railroads were unable to identify costs but assumed express represented a deficit operation leading to a new basis for operation in 1959 which expanded highway operation, piggyback, containerization and palletization. Railroad ownership ended in 1969 but new management was unable to stem decline of small-shipment traffic, REA entered bankruptcy in 1975 and liquidation followed.

  • Availability:
  • Corporate Authors:

    Kalmbach Publishing Company

    21027 Crossroads Circle
    P.O. Box 1612
    Waukesha, WI  USA  53187-1612
  • Authors:
    • Shaw, R B
  • Publication Date: 1979-4

Media Info

  • Features: Photos;
  • Pagination: p. 22-25
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00195545
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Jul 31 1979 12:00AM