The Economic Effects of Surface Freight Deregulation is popular PDF and ePub book, written by Clifford Winston in 2010-12-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, The Economic Effects of Surface Freight Deregulation can be Read Online from any device for your convenience.
The Economic Effects of Surface Freight Deregulation Book PDF Summary
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.
Detail Book of The Economic Effects of Surface Freight Deregulation PDF
- Author : Clifford Winston
- Release : 01 December 2010
- Publisher : Brookings Institution Press
- ISBN : 9780815714385
- Genre : Business & Economics
- Total Page : 80 pages
- Language : English
- PDF File Size : 15,7 Mb
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