Economics at your fingertips  

Why is the Rail Share of US Freight Traffic So Low?

Kenneth D. Boyer

Journal of Transport Economics and Policy, 2014, vol. 48, issue 2, 333-344

Abstract: American railroads carry a trivial share of most intermediate and finished products. This paper argues that the vertically integrated structure of the US railroad industry contributes to the reluctance to invest in rail-based distribution systems for finished products and parts. Encouraging contract and private carriage on existing rail networks would enhance long-run economic efficiency. Congestion on key routes will likely permit a financially viable competitive rail industry in which congestion tolls replace the appropriation of shipper profits as the key element of rail pricing. Liberalisation of US rail policy should be completed through permitting second-sourcing of rail services. © 2014 LSE and the University of Bath

Date: 2014
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link) ... 0140501)48:2L.333;1- (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Journal of Transport Economics and Policy is currently edited by B T Bayliss, S A Morrison, A Smith and D Graham

More articles in Journal of Transport Economics and Policy from University of Bath
Series data maintained by Christopher F. Baum ().

Page updated 2017-09-29
Handle: RePEc:tpe:jtecpo:v:48:y:2014:i:2:p:333-344