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U.S. Freight Rail Economics and Policy

U.S. Freight Rail Economics and Policy


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About the Book

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.


About the Author:

Jeffrey T. Macher is a Professor of Strategy, Economics and Public Policy in the McDonough School of Business at Georgetown University, USA.

John W. Mayo is a Professor of Economics, Business and Public Policy in the McDonough School of Business at Georgetown University, USA.


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Product Details
  • ISBN-13: 9780367786465
  • Publisher: Taylor and Francis
  • Publisher Imprint: Routledge
  • Height: 229 mm
  • No of Pages: 300
  • Series Title: Routledge Studies in Transport Analysis
  • Sub Title: Are We on the Right Track?
  • Width: 152 mm
  • ISBN-10: 036778646X
  • Publisher Date: 02 Apr 2021
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Spine Width: 17 mm
  • Weight: 467 gr


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