US rail freight performance under downsized regulation

John C. Spychalski; Peter F. Swan

doi:10.1016/j.jup.2004.04.002

US rail freight performance under downsized regulation

John C. Spychalski, Peter F. Swan

School of Business Administration (Harrisburg)

Research output: Contribution to journal › Article › peer-review

19 Scopus citations

Abstract

The structure of the US freight railway industry has changed dramatically since economic regulation of the industry was downsized after 1975. The Class I sector of the industry has become highly concentrated. Paradoxically, the increase in concentration has been paralleled by a significant and almost continuous decline in rates, which poses potentially deleterious consequences for the recapitalization of rail infrastructure. Additionally, financial practices in some mergers have had negative impact on the ability of carriers to meet public service needs. Possible remedies for these conditions are presented.

Original language	English (US)
Pages (from-to)	165-179
Number of pages	15
Journal	Utilities Policy
Volume	12
Issue number	3
DOIs	https://doi.org/10.1016/j.jup.2004.04.002
State	Published - Sep 2004

All Science Journal Classification (ASJC) codes

Business and International Management
Development
Sociology and Political Science
Management, Monitoring, Policy and Law

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10.1016/j.jup.2004.04.002

Cite this

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AB - The structure of the US freight railway industry has changed dramatically since economic regulation of the industry was downsized after 1975. The Class I sector of the industry has become highly concentrated. Paradoxically, the increase in concentration has been paralleled by a significant and almost continuous decline in rates, which poses potentially deleterious consequences for the recapitalization of rail infrastructure. Additionally, financial practices in some mergers have had negative impact on the ability of carriers to meet public service needs. Possible remedies for these conditions are presented.

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US rail freight performance under downsized regulation

Abstract

All Science Journal Classification (ASJC) codes

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