Railroad Mergers and the Language of Unification

(Hardback)

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Description

Between 1970 and 1997, the nation's railroads engaged in corporate mergers in an effort to stem the decline of the industry's market base, increase low return on investments, and counter the deterioration of trackage and equipment. The 73 Class I carriers in existence in 1970 have been consolidated into only 10 today. The recent battle over Conrail is only the most recent and highly publicized example of this trend that resulted from the relaxation of federal regulation. Business scholars, economists, railroad buffs, and anyone interested in transportation and federal regulation will find this book an invaluable tool.

Reviews

.,.".a work skillfully conceived and tendered."-Business Library Review
....a work skillfully conceived and tendered.-Business Library Review
This volume is a useful survey of the history of United States railroad mergers.-The Journal of American History
....a work skillfully conceived and tendered.Business Library Review
...".a work skillfully conceived and tendered."-Business Library Review
"This volume is a useful survey of the history of United States railroad mergers."-The Journal of American History

Author Bio

JAMES B. BURNS taught in the History Departments of the University of Maryland, Mississippi State University, Catonsville Community College, and Essex Community College.