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Railroad Bankruptcies and Mergers from Chicago West: 1975-2001

Financial Analysis and Regulatory Critique

Railroad Bankruptcies and Mergers from Chicago West: 1975-2001( )
Author: Conant, Michael
ISBN:978-0-7623-1079-1
Publication Date:Feb 2004
Publisher:JAI Press Limited
Book Format:Hardback
List Price:USD $155.00
Book Description:

Two major U.S. Midwestern railroads, the Rock Island Lines and the Milwauke Road, filed for bankruptcy after 1975 and the Court ordered them dismembered. This study explains the economic factors causing financial failure such as total rail line excess capacity in the region leading to low density of freight traffic; in addition, labor union rules required unnecessary large train crews. The regulations of the Interstate Commerce Commission aggravated the economic problems by limiting...
More Description

Book Details
Pages:166
Detailed Subjects: Juvenile Nonfiction / Transportation / Railroads & Trains
Business & Economics / Industries / Transportation
Physical Dimensions (W X L X H):5.875 x 8.875 Inches
Book Weight:0.849 Pounds



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