An overview of the rail industry was prepared. The objective of the overview was to provide a common level of understanding regarding the nature of the industry, to place the industry in the context of the overall economy, and to provide a preliminary view of industry problems. An introduction to the industry is provided in terms of its structural and operational characteristics. The economics of the industry are discussed in terms of its relationship to the overall economy, its position in the freight market, and the financial condition of the industry itself. Finally, two important constraints on the profitability of the rail industry are described: its relationship with the federal government and its relationship with rail labor.
A Brief Overview of the Rail Freight Industry
1978
38 pages
Report
No indication
English
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