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The Economic Effects of Surface Freight Deregulation

2010-12-01 Business & Economics
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Release : 2010-12-01
Genre : Business & Economics
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Book Rating : 386/5 ( reviews)

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Book Synopsis The Economic Effects of Surface Freight Deregulation by : Clifford Winston

Download or read book The Economic Effects of Surface Freight Deregulation written by Clifford Winston. This book was released on 2010-12-01. Available in PDF, EPUB and Kindle. Book excerpt: For close to 100 years, America's surface freight industries, primarily rail and trucking, operated under the protective wing of the U.S. government. In 1980 Congress, finding vast inefficiencies in the two industries, substantially deregulated both, opening them at last to market competition. Deregulation has brought with it many changes—for firms within the industries, for their labor force, and for shippers and their customers. Clifford Winston, Thomas M. Corsi, Curtis M. Grimm, and Carol A Evans provide a comprehensive evaluation of the effect of the deregulation legislation on the rail and trucking industries. According to the authors, deregulation has made substantial progress in solving the two most vexing problems of the surface freight transportation industry—excessive rates in the trucking industry and insufficient returns on investment in the rail industry. Competition and efficiency have returned to both industries, and although the labor force in each has suffered wage and job losses, shippers and their customers have gained roughly $20 billion a year in benefits. The authors recommend policies that would continue to promote competition and the efficient use of highway and railway infrastructure.

Deregulating Freight Transportation

1995 Business & Economics
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Release : 1995
Genre : Business & Economics
Kind : eBook
Book Rating : 963/5 ( reviews)

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Book Synopsis Deregulating Freight Transportation by : Paul Eric Teske

Download or read book Deregulating Freight Transportation written by Paul Eric Teske. This book was released on 1995. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the effects of government intervention on the operations of the freight transportation industry.

Heavy Traffic

2011-11-01 Business & Economics
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Release : 2011-11-01
Genre : Business & Economics
Kind : eBook
Book Rating : 350/5 ( reviews)

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Book Synopsis Heavy Traffic by : Daniel Madar

Download or read book Heavy Traffic written by Daniel Madar. This book was released on 2011-11-01. Available in PDF, EPUB and Kindle. Book excerpt: Canada and the United States exchange the world's highest level of bilateral trade, valued at $1.4 billion a day. Two-thirds of this trade travels on trucks. Heavy Traffic examines the way in which the regulatory reform of American and Canadian trucking, coupled with free trade, has internationalized this vital industry. Before deregulation, restrictive entry rules had fostered two separate national highway transportation markets, and most international traffic had to be exchanged at the border. When the United States deregulated first, the imbalance between its opened market and Canada's still-restricted one produced a surprisingly difficult bilateral dispute. American deregulation was motivated by domestic incentives, but the subsequent Canadian deregulation blended domestic incentives with transborder rate comparisons and concerns about trade competitiveness. Daniel Madar shows that deregulation created a de facto regime of free trade in trucking services. Removing regulatory barriers has enabled Canadian and American carriers to follow the expansion of transborder traffic that began with the Canada-US Free Trade Agreement and continues with NAFTA. The services available with deregulated trucking have also supported sweeping changes in industrial logistics. As transborder traffic has surged, the two countries' carriers -- from billion-dollar corporations to family firms -- have exploited the latitude provided by deregulation. This book is a valuable contribution to our understanding of the policy processes and economic conditions that led to trucking deregulation. As a study in public policy formation and the international effects of reform, it will be of interest to students and scholars of political economy, international relations, and transportation.

Transportation After Deregulation

2001-09-12 Business & Economics
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Release : 2001-09-12
Genre : Business & Economics
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Book Rating : 807/5 ( reviews)

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Book Synopsis Transportation After Deregulation by : B Starr McMullen

Download or read book Transportation After Deregulation written by B Starr McMullen. This book was released on 2001-09-12. Available in PDF, EPUB and Kindle. Book excerpt: Several of the papers in this volume are concerned with assessing both the timing and the impacts of deregulation and regulatory reform in the US transportation sector. Of increasing interest is the importance of productivity growth and the role played by new technologies in a more competitive market environment. Four of the papers in this volume deal directly with these issues in the context of motor carriers and railroads, two sectors which have been operating under substantially reduced regulatory constraints for the past twenty years in the US. Although the financial condition of US railroads has improved since 1980, there is still some concern regarding their long run viability as private enterprises. Accordingly, one of the papers considers the potential for further reductions in railroad costs through transcontinental mergers, a controversial issue due to the small number of railroads that remain in the industry.

The feasibility of deregulating surface freight transportation

1971
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Release : 1971
Genre :
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Book Rating : /5 ( reviews)

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Book Synopsis The feasibility of deregulating surface freight transportation by :

Download or read book The feasibility of deregulating surface freight transportation written by . This book was released on 1971. Available in PDF, EPUB and Kindle. Book excerpt:

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