Modernizing Freight Rail Regulation
Modernizing Freight Rail Regulation

Author:

Publisher:

Published: 2015-08-01

Total Pages:

ISBN-13: 9780309369060

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"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 This congressionally-requested report recommends approaches to resynchronize a regulatory program that has become outdated.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."

U.S. Freight Rail Economics and Policy
U.S. Freight Rail Economics and Policy

Author: Jeffrey Macher

Publisher: Routledge

Published: 2019-04-25

Total Pages: 309

ISBN-13: 0429633645

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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.

Regulatory Governance of the Rail Sector in Mexico
Regulatory Governance of the Rail Sector in Mexico

Author: OECD

Publisher: OECD Publishing

Published: 2020-02-07

Total Pages: 100

ISBN-13: 9282189929

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The report provides a description and an assessment of the recent actions carried out by the Mexican government to enhance the quality of regulation and regulatory governance in the rail sector in Mexico.

Transportation Policy and Economic Regulation
Transportation Policy and Economic Regulation

Author: John Bitzan

Publisher: Academic Press

Published: 2018-04-14

Total Pages: 380

ISBN-13: 0128126213

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Transportation Policy and Economic Regulation: Essays in Honor of Theodore Keeler addresses a number of today's important transportation policy issues, exploring a variety of transportation modes, and examining the policy implications of a number of alternatives. Theodore Keeler had a distinguished career in transportation economics, helping to shape regulatory policies concerning the transportation industries and assessing the appropriateness of various policies. A distinguishing feature of his work is that it always had policy implications. As a tribute to Theodore Keeler, this book examines transportation policy issues across a variety of transportation industries, including aviation, railroads, highways, motor carrier transport, automobiles, urban transit, and ocean shipping. The book evaluates the economic impact and effectiveness of various policies, employing empirical analyses and new estimation techniques, such as Bayesian analysis. The book is designed for transportation professionals and researchers, as well as transportation economics students, providing an in-depth analysis of some of today's important transportation policy issues. Policy changes established in the last 35-40 years have introduced profound changes in the business environment of the transportation industry. Past policy changes promoted the free market's role in setting prices and determining service availability. While 21st century policy has focused on a variety of other issues, such as safety, road and air congestion, productivity growth, labor relations and exhaust emission, many still promote the role of competition. In addition to examining various transportation policy issues in the U.S., the book explores some approaches to dealing with transportation issues in different parts of the world. Contemporary transportation policy debates have broadened from their initial focus of primarily examining the merits of reforming economic regulations at national levels, to now examining a variety of issues such as alternative methods of social regulation (such as safety regulation and emission controls), new approaches to changing economic regulations, the potential for reforming international regulations, and the appropriate role for government in transportation. - Examines transportation policy developments across a variety of modes, including some international analysis - Shows how new policy changes, such as changes in regulation, affect overall transportation system performance - Features chapters that use innovative methodologies, such as Bayesian techniques, qualitative analysis, and an attribute-incorporated Malmquist productivity index - Examines the ways that policy impacts depend on a variety of factors, and shows how economic tools can be used to gain greater insights into the likely impacts of policy and the desirability of various policies - Analyzes transport prices, quality of service, safety, the use of information technology and operating issues, highlighting how transportation enhances quality of life

Fast-Forward
Fast-Forward

Author: Richard Hillestad

Publisher: Rand Corporation

Published: 2009-08-31

Total Pages: 163

ISBN-13: 0833048996

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Efficient movement of freight within the United States and across its borders is a critical enabler of future U.S. economic growth. The authors provide an overview of the freight-transportation system and the problems it faces, concluding with a discussion of key system-modernization issues, including increasing capacity, making the system less vulnerable to disruption, addressing environmental concerns, and building support for funding.

Canadian Multimodal Transport Policy and Governance
Canadian Multimodal Transport Policy and Governance

Author: G. Bruce Doern

Publisher: McGill-Queen's Press - MQUP

Published: 2019-05-09

Total Pages: 362

ISBN-13: 0773557792

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Given its geographical expanse, Canada has always faced long-term transport policy issues and challenges. Canadian Multi-Modal Transport Policy and Governance explains how and why Canadian transportation policy and related governance changed from the Pierre Trudeau era through the Chretien, Martin, Mulroney, Harper, and Justin Trudeau eras. With particular attention paid to the diversity and ongoing evolution of transportation policy since the 1960s, the broad distribution of regulatory authority across different levels of government, and the politicization of regulatory regimes and investment decisions since the 1970s, Doern, Coleman, and Prentice attempt to answer three critical questions: How and to what extent have policy and governance changed over the decades? Where has transport policy resided in federal policy agendas? And is Canada developing the policies, institutions, and capacities it needs to have a socio-economically viable and technologically advanced transportation system for the medium and long term? A sweeping history of transportation policy in Canada that fills a gap in the existing literature, Canadian Multi-Modal Transport Policy and Governance concludes that transportation has been subordinate to other federal goals and priorities, delaying and eroding transport systems into the twenty-first century.

Hearings
Hearings

Author: United States. Congress. Senate. Committee on Commerce

Publisher:

Published: 1972

Total Pages: 1432

ISBN-13:

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