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The Economic Effects of Surface Freight Deregulation

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Release : 2010-12-01
Genre : Business & Economics
Kind : eBook
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.

The Economic Effects of Surface Transport Deregulation

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Release : 2002
Genre :
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis The Economic Effects of Surface Transport Deregulation by : Yong Li

Download or read book The Economic Effects of Surface Transport Deregulation written by Yong Li. This book was released on 2002. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, the deregulation of surface transport at both national and international levels has gathered momentum, particularly within the United States and European Union. The structural and performance changes associated with transport deregulation generated substantial redistribution of wealth among carriers, labor, . shippers, -and final customers and dramatically altered the costs and organization of transportation services. Many of these consequences were anticipated in the debate over deregulation; others have emerged during the regulatory transition. In general, economic regulation has led to net social benefits. This thesis will discuss the origin of transportation regulation and the forces for regulatory reform. The effects of the removal of economic control are assessed. It also examines the issues emerging after the deregulation and possibility for re-regulation in an effort to enhance safety and reduce the environmental impact of surface transport.

The Economic Effects of Surface Freight Deregulation

Download The Economic Effects of Surface Freight Deregulation PDF Online Free

Author :
Release : 2010-12-01
Genre : Business & Economics
Kind : eBook
Book Rating : 385/5 ( reviews)

GET EBOOK


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.

The Economic Effects of Airline Deregulation

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Release : 2010-12-01
Genre : Business & Economics
Kind : eBook
Book Rating : 063/5 ( reviews)

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Book Synopsis The Economic Effects of Airline Deregulation by : Steven Morrison

Download or read book The Economic Effects of Airline Deregulation written by Steven Morrison. This book was released on 2010-12-01. Available in PDF, EPUB and Kindle. Book excerpt: In 1938 the U.S. Government took under its wing an infant airline industry. Government agencies assumed responsibility not only for airline safety but for setting fares and determining how individual markets would be served. Forty years later, the Airline Deregulation Act of 1978 set in motion the economic deregulation of the industry and opened it to market competition. This study by Steven Morrison and Clifford Winston analyzes the effects of deregulation on both travelers and the airline industry. The authors find that lower fares and better service have netted travelers some $6 billion in annual benefits, while airline earnings have increased by $2.5 billion a year. Morrison and Winston expect still greater benefits once the industry has had time to adjust its capital structure to the unregulated marketplace, and they recommend specific public polices to ensure healthy competition.

An Economic Assessment of Surface Freight Transportation Deregulation (Classic Reprint)

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Release : 2018-03-11
Genre : Reference
Kind : eBook
Book Rating : 398/5 ( reviews)

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Book Synopsis An Economic Assessment of Surface Freight Transportation Deregulation (Classic Reprint) by : Nancy L. Rose

Download or read book An Economic Assessment of Surface Freight Transportation Deregulation (Classic Reprint) written by Nancy L. Rose. This book was released on 2018-03-11. Available in PDF, EPUB and Kindle. Book excerpt:

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