By the mid-1970's, our nation's rail transportation system was in dire financial condition. Rail carriers were faced with increased competition from other modes of transportation (especially trucking), rising labor, fuel and maintenance expenses, and pervasive regulation that made it difficult for rail carriers to get rid of unprofitable lines. These conditions had contributed to the bankruptcy of several prominent rail carriers. Against this background, Congress enacted a series of new laws, most notably the Staggers Rail Act of 1980 (Staggers Act). Together with the implementing regulations issued by the Interstate Commerce Commission, this legislation sought to increase the role of the marketplace, rather than government regulation, in shaping rail transportation.


    Access

    Access via TIB

    Check availability in my library


    Export, share and cite



    Title :

    Overview: Abandonments and Alternatives to Abandonments


    Publication date :

    1997


    Size :

    42 pages


    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English




    Base abandonments by low-cost carriers

    Malighetti, Paolo / Paleari, Stefano / Redondi, Renato | Elsevier | 2016


    Line abandonments up slightly in 1946

    Boyd, G.E. | Engineering Index Backfile | 1947




    Railroad abandonments and their relation to highway transportation

    Trumbower, H.R. | Engineering Index Backfile | 1925