Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Economic Foundations For 21st Century Freight Rail Rate Regulation
Download Economic Foundations For 21st Century Freight Rail Rate Regulation full books in PDF, epub, and Kindle. Read online Economic Foundations For 21st Century Freight Rail Rate Regulation ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Economic Foundations for 21st Century Freight Rail Rate Regulation by : John W. Mayo
Download or read book Economic Foundations for 21st Century Freight Rail Rate Regulation written by John W. Mayo and published by . This book was released on 2019 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Staggers Rail Act of 1980 made a substantial break from an almost century-old policy of pervasively regulating the prices for freight rail services provided in the United States. In particular, rather than regulators establishing prices, Staggers permits shippers and railroads to voluntarily negotiate rates, terms and conditions, with regulation providing a fallback if negotiation fails or is too onerous for what is at stake on the shipment. While largely deregulating the rate-setting process, the statute requires that rates be “reasonable” in the event of a complaint filed by a shipper and where a railroad is found to be market dominant - a requirement that necessitates that regulators determine a method for assessing whether a given rate or set of rates is, in fact, reasonable. In the wake of the passage of Staggers, the Interstate Commerce Commission (ICC) [now the Surface Transportation Board (STB)] established the method for determining whether a rate is “reasonable,” in which case the rate is allowed to stand; or whether the rate is unreasonable and must be reduced. The system, known as Constrained Market Pricing (CMP), was established largely on a bedrock of economic theory and has been in place now for almost thirty-five years. Yet, absent a refresher, the passage of time creates the prospect that the economic foundations of CMP will fade. The purpose of this paper is to provide that refresher. Along the way we seek to re-establish the fundamental economic appeal of CMP, reflect on criticisms and alternatives that have been proffered, and offer refinements for rail regulation moving forward.
Book Synopsis U.S. Freight Rail Economics and Policy by : Jeffrey Macher
Download or read book U.S. Freight Rail Economics and Policy written by Jeffrey Macher and published by Routledge. This book was released on 2019-04-25 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: The passage of the Staggers Rail Act in 1980 led brought a renaissance to the freight rail industry. In the decade following, economists documented the effects of the Act on a variety of important economic metrics including prices, costs, and productivity. Over the preceding years, and with the return of the industry to more stable footing, attention to the industry by economists faded. The lack of attention, however, has not been due to a dearth of ongoing economic and policy issues that continue to confront the industry. In this volume, we begin to rectify this inattention. Rather than retread older analyses or provide yet another look at the consequences of Staggers, we assemble a collection of ten chapters in four sections that collectively provide fresh and up-to-date analyses of the economic issues and policy challenges the industry faces: the first section sets the context through foundational discussion of freight rail; the second section highlights the role of freight rail in an increasingly interrelated economy; the third section examines industry structure and scope in freight rail; and the fourth section assesses current regulatory challenges that confront freight rail. This book will be of great value to researchers, academics, policymakers, and students interested in the fields of freight rail economics and policy, transportation, business history, and regulatory economics.
Book Synopsis Handbook on Railway Regulation by : Matthias Finger
Download or read book Handbook on Railway Regulation written by Matthias Finger and published by Edward Elgar Publishing. This book was released on 2020-09-25 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking a global approach, this insightful Handbook brings together leading researchers to provide a comprehensive overview of the state-of-the-art in railway regulation with a particular focus on countries that rely heavily on railways for transportation links. The Handbook also considers the most pressing issues for those working in and with railway systems, and outlines future trends in the development of rail globally.
Book Synopsis The Economics of Rail Freight Transportation Rate Regulation, Excess Capacity, and Competition by : James Alfred Caron
Download or read book The Economics of Rail Freight Transportation Rate Regulation, Excess Capacity, and Competition written by James Alfred Caron and published by . This book was released on 1979 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :National Research Council (U.S.). Committee for a Study of Freight Rail Transportation and Regulation Publisher : ISBN 13 : Total Pages :264 pages Book Rating :4.:/5 (922 download)
Book Synopsis Modernizing Freight Rail Regulation by : National Research Council (U.S.). Committee for a Study of Freight Rail Transportation and Regulation
Download or read book Modernizing Freight Rail Regulation written by National Research Council (U.S.). Committee for a Study of Freight Rail Transportation and Regulation and published by . This book was released on 2015 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: TRB Special Report 318: Modernizing Freight Rail Regulation examines the future role of the Surface Transportation Board (STB) in overseeing and regulating the service levels and rate offerings of railroads. This congressionally-requested report recommends approaches to resynchronize a regulatory program that has become outdated. The U.S. freight railroad industry has modernized and has become financially stable since the Staggers Rail Act of 1980, but the study committee finds that some of the industry's economic regulations have not kept pace and should be replaced with practices suited to today's freight rail system. The study committee finds that more appropriate, reliable, and usable procedures are needed for resolving rate disputes. The committee recommends that Congress should prepare to repeal the formula for eligibility for rate relief and should direct the U.S. Department of Transportation to develop a screening tool that compares disputed rates with rates charged in competitive rail markets. Current methods make artificial and arbitrary estimates of the cost of rail shipping. Adjudication can cost millions of dollars, and some cases have taken years to resolve, deterring shippers with smaller claims. Simplified methods that are economically valid and practical have yet to be introduced. The study committee recommends that STB replace hearings on the reasonableness of rates with arbitration hearings that compel faster, more economical resolutions. Merger reviews should be transferred to antitrust agencies, according to the committee, which also recommends that STB collect and analyze shipment-level data on service quality in overseeing the railroads' response to common carrier service obligations.
Book Synopsis Railroad Regulation by : Jayetta Z. Hecker
Download or read book Railroad Regulation written by Jayetta Z. Hecker and published by DIANE Publishing. This book was released on 2002-03 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Railroads are the primary mode of transportation for many products, especially for such bulk commodities as coal and grain. Yet by the 197Os, American freight railroads were in a serious financial decline. Congress responded by passing the Railroad Revitalization and Regulatory Reform Act of 1976 and the Staggers Rail Act of 1980. These acts reduced rail regulation and encouraged greater reliance on competition to set rates. Railroads have also continued to consolidate (through such actions as mergers, purchases, changes in control, and acquisitions) to reduce costs, increase efficiencies, and improve their financial health.
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 and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 80 pages. 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.
Book Synopsis Railroads, Freight, and Public Policy by : Theodore E. Keeler
Download or read book Railroads, Freight, and Public Policy written by Theodore E. Keeler and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines railroad regulation and public policy regarding the freight industry.
Book Synopsis Railroad Regulation by : United States. General Accounting Office
Download or read book Railroad Regulation written by United States. General Accounting Office and published by . This book was released on 2002 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Railroad Economics by : Scott Dennis
Download or read book Railroad Economics written by Scott Dennis and published by Elsevier. This book was released on 2007-07-09 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research in Transportation Economics is now available online at ScienceDirect — full-text online of volumes 6 onwards. Elsevier book series on ScienceDirect gives multiple users throughout an institution simultaneous online access to an important compliment to primary research. Digital delivery ensures users reliable, 24-hour access to the latest peer-reviewed content. The Elsevier book series are compiled and written by the most highly regarded authors in their fields and are selected from across the globe using Elsevier’s extensive researcher network. For more information about the Elsevier Book Series on ScienceDirect Program, please visit:http://www.info.sciencedirect.com/bookseries/
Book Synopsis Railroad Rate Control in Its Legal Aspects by : Harrison Standish Smalley
Download or read book Railroad Rate Control in Its Legal Aspects written by Harrison Standish Smalley and published by . This book was released on 1906 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Transportation Rates and Their Regulation by : Harry Gunnison Brown
Download or read book Transportation Rates and Their Regulation written by Harry Gunnison Brown and published by . This book was released on 1916 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Railroad Freight Rates in Relation to the Industry and Commerce of the United States by : Logan Grant McPherson
Download or read book Railroad Freight Rates in Relation to the Industry and Commerce of the United States written by Logan Grant McPherson and published by Legare Street Press. This book was released on 2023-07-18 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a deep dive into the intricate relationship between the railroad freight rates and industry and commerce in the United States. McPherson examines the history, regulations, and economics behind the freight rates and how they affect the national economy. Anyone interested in transportation, economics, or U.S. history will find this book an essential read. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Download or read book IEIS2019 written by Menggang Li and published by Springer Nature. This book was released on 2020-07-02 with total page 743 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a range of recent advances concerning industrial restructuring strategies, industrial organization, industrial policy, departmental economic research, industrial competitiveness, regional industrial structure, national industrial economic security theory and empirical research. Successfully combining theory and practice, the book gathers the outcomes of the “6th International Conference on Industrial Economics System and Industrial Security Engineering”, which was held at the University of Maryland, USA.
Book Synopsis Railroad Regulation by : United States. General Accounting Office
Download or read book Railroad Regulation written by United States. General Accounting Office and published by . This book was released on 1990 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Federal Regulation of Railway Rates by : Albert Newton Merritt
Download or read book Federal Regulation of Railway Rates written by Albert Newton Merritt and published by . This book was released on 1907 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Railroads by : William Zebina Ripley
Download or read book Railroads written by William Zebina Ripley and published by . This book was released on 1912 with total page 694 pages. Available in PDF, EPUB and Kindle. Book excerpt:
