Assessing the Impact of Regulation and Deregulation on the Rail and Trucking Industries
| Author | : Donavan Mahees Lowtan |
| Publisher | : |
| Total Pages | : 210 |
| Release | : 2004 |
| ISBN-10 | : OCLC:55589618 |
| ISBN-13 | : |
| Rating | : 4/5 ( Downloads) |
Download or read book Assessing the Impact of Regulation and Deregulation on the Rail and Trucking Industries written by Donavan Mahees Lowtan and published by . This book was released on 2004 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: (Cont.) Many Class I railroads disappeared and severe competition bankrupted many small carriers in the trucking industry. Larger trucking carriers gained market dominance. Real wages in the trucking industry fell. The size of the railroad labour force decreased while railroad wages remained stagnant. Based on numerous pre-deregulation indicators provided by the government, industry, and academia, this essay shows that deregulation did not fulfill many of the promises made prior to the Staggers Act and the Motor Carrier Reform Act.
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