The Union Pacific/Southern Pacific Railroads Merger: Effect of Trackage Rights on Rates
Stephen M Brown and
Journal of Regulatory Economics, 2002, vol. 22, issue 3, 85 pages
We investigate the impact of the 1996 Union Pacific (UP)/Southern Pacific (SP) railroads merger on rail rates for potential 2-to-1 shippers. As part of its merger conditions, the Surface Transportation Board (STB) granted trackage rights to BNSF to preserve competition for these shippers. Using the STB's Carload Waybill Sample data for the Salt Lake City economic area, we found that the remedy was effective--Burlington-Northern Santa Fe (BNSF) provided more effective competition to UP in the post-merger era than SP did in the pre-merger era. The results, however, differed by commodity, direction of traffic, and shipper-type. Copyright 2002 by Kluwer Academic Publishers
References: Add references at CitEc
Citations: View citations in EconPapers (8) Track citations by RSS feed
Downloads: (external link)
http://journals.kluweronline.com/issn/0922-680X/contents link to full text (text/html)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:kap:regeco:v:22:y:2002:i:3:p:271-85
Ordering information: This journal article can be ordered from
http://www.springer. ... on/journal/11149/PS2
Access Statistics for this article
Journal of Regulatory Economics is currently edited by Michael A. Crew
More articles in Journal of Regulatory Economics from Springer
Bibliographic data for series maintained by Sonal Shukla ().