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Books > Business & Economics > Industry & industrial studies > Transport industries > Railway transport industries
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.
North America faces a transportation crisis. Gas-guzzling SUVs clog the highways and air travelers face delays, cancellations, and uncertainty in the wake of unprecedented terrorist attacks. New Departures closely examines the options for improving intercity passenger trains' capacity to move North Americans where they want to go. While Amtrak and VIA Rail Canada face intense pressure to transform themselves into successful commercial enterprises, Anthony Perl demonstrates how public policy changes lie behind the triumphs of European and Japanese high-speed rail passenger innovations. Perl goes beyond merely describing these achievements, translating their implications into a North American institutional and political context and diagnosing the obstacles that have made renewing passenger trains so much more difficult in North America than elsewhere. New Departures links the lessons behind rail passenger revitalization abroad with the opportunity to recast the policies that constrain Amtrak and VIA Rail from providing efficient and effective intercity transportation.
The Pennsylvania and the New York Central railroads helped to develop central Pennsylvania as the largest source of bituminous coal for the nation. By the late 19th century, the two lines were among America's largest businesses and would soon become legendary archrivals. The PRR first arrived in the 1860s. Within a few years, it was sourcing as much as four million tons of coal annually from Centre County and the Moshannon Valley and would continue do so for a quarter-century. The New York Central, through its Beech Creek Railroad affiliate, invaded the region in the 1880s, first seeking a dependable, long-term source of coal to fuel its locomotives but soon aggressively attempting to break its rival's lock on transporting the area's immense wealth of mineral and forest products. Beginning around 1900, the two companies transitioned from an era of growth and competition to a time when each tacitly recognized the other's domain and sought to achieve maximum operating efficiencies by adopting new technology such as air brakes, automatic couplers, all-steel cars, and diesel locomotives. Over the next few decades, each line began to face common problems in the form of competition from other forms of transportation and government regulation; in 1968 the two businesses merged. Branch Line Empires offers a thorough and captivating analysis of how a changing world turned competition into cooperation between two railroad industry titans.
The European railway sector has gone through profound, yet mostly institutional, changes over the past 20 years, owing mainly to the initiatives of the European Commission. This book constitutes a first systematic account and assessment of the recent transformations of the European railway sector, whilst also covering the main segments such as passenger transport, high speed and freight. The expert contributors have been charting these developments over the past five years. They provide a critical analysis of relevant, yet contentious, issues such as competition, unbundling, regulation, access charging, standards and interoperability, and public-private partnerships. Practically-minded academics, as well as academically-oriented practitioners, interested in the railway sector and other public transport sectors will find this book to be a crucial read. It will also be of use to postgraduates studying infrastructure economics, policy and regulation. Contributors: N. Baron, A.S. Bergantino, J. Dehornoy, M. Dillon, N. Fearnley, M.Finger, R. Gevaers, T. Holvad, A. Jan, N. Keogh, G. Knieps, J. Maes, A. Meaney, P. Messulam, F. Mizutani, C. Nash, S. Olsen, J. Runde Krogstad, M. Sanchez-Borras, D. van de Velde, E. Van de Voorde, T. Vanelslander
This book investigates China's railway transformation through history, along with culture changes and urban development. The book begins by looking at the background of China and the history and growth of railway development in China through five key phases, followed by assessing the cultural changes in the railway carriage and exploring how these are linked to social equality and national provisions. The core of this book aims to analyse the Chinese urban transformation through the development of the high-speed rail (HSR) infrastructure in China. Eleven important new HSR stations in mainland China, plus the new Hong Kong West Kowloon Station, have been selected to contextually explore how HSR infrastructures have affected the development of the Chinese urban context. The selected case studies are the stations of Beijing South, Wuhan, Shanghai Hongqiao, Guangzhou South, Xi'an North, Nanjing South, Chengdu East, Tianjin West, Zhengzhou East, Hangzhou East and Hong Kong West Kowloon. All of these were built between 2008 and 2018. In these case studies, the location and the intentions and success of promoting urban development are analysed and assessed. Following this, the book further investigates the peculiarities of the new HSR stations in China in comparison with stations in Europe. An assessment framework is established to evaluate the Chinese case studies comparatively with significant cases in Europe, attending to the urban structure of the area, the architectural quality, the functional diversity and the quality of the public space generated in the surrounding area.
High Speed Rail and China's New Economic Geography presents an analytical approach to assessing the socioeconomic impact of high speed rail in China, with an emphasis on capturing the spatial spillover effects of rail infrastructure development on China's economic geography in terms of land use, housing market, tourism, regional disparity, modal competition, the economy and environment. The assessment involves a multilevel spatial analysis approach at both the national and the regional level. The methods include partial equilibrium analysis characterized by a spatial econometric modeling and the state-of-the-art computable general equilibrium modeling. It provides a basis for policy decision-making and operational considerations. Academic scholars and students who are specialized in regional economics, urban planning, public policy, and transportation will find this book useful. Practitioners and policy-makers will also find this book valuable as the empirical findings provide implications for future transportation planning and development.
High Speed Rail's (HSR) main objective is to attract air passengers between big metropolitan areas however the main territorial implications in many cases occur not in these metropolitan areas but in the intermediate cities. These implications open up new spatial planning possibilities such as decentralization, new regional centres and urban renewal projects. This book presents the experience of 20 years of HSR in Spain including some explicit information, arguments and conclusions derived from HSR in other European Countries. It debates the HSR territorial implications at three scales: national, regional and local, thus being of interest for strategic debates at those scales, such as the decision of new national lines, the pros and cons of deviating the line to reach minor intermediate cities or the selection of precise locations for new stations and the development projects in their surroundings. Comparisons with the recent changes in accessibility, spatial distribution of population and activities, are made with mobility for working purposes and with the characteristics of the HSR passengers. This book also examines the actions, strategies and urban projects that medium size cities can use to make best use of HSR opportunities, synthesising the experience of HSR medium cities in Spain and Europe. The book's conclusions will be of interest, over and above scholars, to transport infrastructure decision makers, city and regional planners and managers, and transport companies.
The governments of several countries are in the process of reforming their regulatory regimes for the railways, and there is much debate about the appropriate regulation of transport in general and railways in particular--especially in light of environmental concerns about traffic congestion and air pollution and economic concerns about the financing of infrastructure and services. This volume investigates how Britain and Germany regulated their railways at three different points in time over the past century: after the First World War, after the Second World War, and in the 1990s. Its central focus is the design of regulatory regimes and the impact of institutional factors on the selection of design ideas and on processes of isomorphism. By placing a comparative analysis of regulatory design in a historical context and an institutional framework, the author contributes to the current debate on the emergence of the regulatory state in the late 20th century.
This book provides a critical overview of the relationships between planning and railway management and development during the key period in the 20th Century when the railway was in public ownership: 1948-94. It assesses the strength of the relationships when working in collaboration with the private sector. The book then focuses on the interplay between planning and railway since privatization in 1994 and points to best practice for the future in institutional structures and policy development to secure improved outcomes.
High-speed Rail (HSR) is a technological transportation advance that has raised the interest of policy makers and researchers worldwide. The study of High-speed Rail is a recent phenomenon but has received increasing attention due to the extension of this mode of transportation around the globe. Evaluating High-Speed Rail contains some of the most recent and cutting edge studies on HSR from different disciplines. The book is organized around a variety of key topics related to the evaluation of High Speed Rail projects and experiences. These topics include: the economic appraisal and evaluation of High-Speed Rail projects; the evaluation of indirect and direct effects of High-Speed Rail; its territorial, redistributive and environmental impacts; its contribution or limitation to urban growth; and the management of challenges created by the arrival of High-Speed Rail lines to core cities. It also covers the contribution of High-Speed Rail to tourism and its impact on intermodal competition, with especial consideration to air transportation. Chapters analyse the expected effects of introducing on-track competition and designing public-private contracts to develop new lines. This cutting-edge volume offers rigorous analysis from top researchers in the field with a clear intention to deliver policy implications and provide the latest analysis on the impact of High Speed Rail. This book is suitable for students and academics interested in transportation infrastructure, economic impacts of public investments, mobility, planning and urban affairs, as well as researchers and policy makers in the transportation and infrastructure sector.
The book, first published in 1977, contrasts new and older approaches to the history of transport and outlines a critical exposition of the methods used to quantify the contribution of railways to economic growth by means of counterfactual speculation and the measurement of social savings. The author also outlines and appraises an alternative measure of the impact of railways, namely the social rate of return on capital invested in railways. The final chapters are concerned with the effects on growth generated by the construction and diffusion of railways through expenditure on labour, capital goods and industrial inputs and through their effects on the integration of markets, and patterns of location.
The Indian railway network began as a liberal experiment to promote trade and commerce, the distribution of food and military mobility. Sweeney's study focuses on Britain's largest overseas investment project during the nineteenth century, offering a new perspective on the Anglo-Indian experience.
One of the most colorful yet neglected eras in American
transportation history is re-created in this definitive history of
the electric interurbans. Built with the idea of attracting
short-distance passenger traffic and light freight, the interurbans
were largely constructed in the early 1900s. The rise of the
automobile and motor transport caused the industry to decline after
World War I, and the depression virtually annihilated the industry
by the middle 1930s.
First Published in 2005. Routledge is an imprint of Taylor & Francis, an informa company.
This book was first published in 1969. This volume includes essays on the development of the Lancashire and Yorkshire railway network; the early Railway Capital Market and tables n expenses, capital and gross revenue and expediture.
Revitalizing railways as a major sustainable transport mode in modern societies faces many issues and challenges. This in-depth overview places the importance of railways in the wider context of comprehensive sustainability, which encompasses sustainable development, social and economic equity and community livability. Some scholars have described the 21st century as a period of renaissance for railways and suggest this transport mode can fulfil people's desire for high mobility with low negative environmental, social, economic and financial impacts. In light of these new expectations for railways, in both passenger and freight transport worldwide, this book offers the latest research insights on the renewed interest about railway expansions and their wide-ranging environmental, socio-economic and even political implications.
The Great Persuader is the biography of a robber baron, the greatest railroad mogul of them all -- Collis P. Huntington, the Sacramento, California, storekeeper who, along with Leland Stanford and Mark Hopkins, parlayed $1,500 into America's first continental railroad. It is an almost unbelievable story of a high dream of fortune realized through highhanded practices -- an adventure which left the national treasury poorer by millions of swindled dollars, and America itself richer by a national railroad system which contributed greatly to the country's westward expansion. How did Huntington operate? What were his methods? Was he corrupt? These are questions that were previously unanswered but thanks to the cooperation of the Huntington family who supplied Mr. Lavender with material that had never before been made public, Lavender shows just how Collis P. Huntington operated -- and it was defintely outside the law, although well inside the prevailing morality of his time. It shows his complicated dealings with Sanford Hopkins, how he bested such tycoons as Thomas A. Scott, John C. Durrant, Oliver Ames and Jay Gould, how Huntington accumulated the great fortune which was the legacy to his family, and how his great railroad network was to prove an unparalleled legacy to all Americans. The Great Persuader is a powerful story of a remarkable man whose singleness of purpose and ruthless manipulation of men and money propelled the great enterprise forward against all odds.
This is the first English translation of a monumental account of
American railroads (and canals) in the years 1838-1839. Its author,
Franz Anton Ritter von Gerstner, was Europe's leading authority on
railroad construction, and he conducted his study at the behest of
the Russian government, which rightly felt that the United States
would provide a more suitable model for the construction of a
Russian railroad system than England. For a century and a half,
Gerstner's "Die innern Communicationen "has been recognized as by
far the most comprehensive and detailed work on the development,
construction, finance, and operation of early American railroads
and canals, enriched by accounts of the pioneering men who were
involved in the enterprise that was to transform the century.
This 50-year saga of the "Weary Erie" goes far beyond describing in brilliant detail the turbulent last decades of a colorful, spunky, and innovative railroad. As the author vividly shows, the Erie possessed an uncommonly interesting history. For a brief time, it was the longest rail artery in the United States, hailed as "the most stupendous engineering feat ever attempted in America." It pioneered many innovations even after its opening in 1851, notably with the use of the telegraph for traffic control. The present volume also tells us much about what happened to American railroading, especially in the East, during this period: technological change, government over-regulation, corporate mergers, union "featherbedding," uneven executive leadership, and changing patterns of travel and business. Step by step, the author reveals how the problems faced by the Erie became so numerous and complex that financial collapse and liquidation were inevitable results. Throughout, the author draws on the abundant records of the Erie and Erie Lackawanna and on dozens of interviews with employees, bankers, lawyers, and industry official who cooperated in telling the story of the Erie's last years "the way it was." The book is illustrated with 45 photographs and drawings and 4 maps.
This masterful, richly illustrated account of the planning and building of the most important and influential early American railroad, the Baltimore and Ohio, is an essential contribution not only to railyway history but also to the broader history of the development of the United States in the first half of the nineteenth century. There was no precedent for the building of the B&O. The construction of the 380-mile line from Baltimore to the Ohio River over a period of 25 years is an epic story of astute planning and innovative engineering that overcame many formidable obstacles, notably the arduous traversing of 200 miles of mountain wilderness. Its successful inauguration provided a spur to internal improvements throughout the United States. Railroads, and certainly the B&O, epitomized progress, not only in the development and extension of the Western frontier but in the revelation that personal travel and the delivery of freight could be dramatically faster, better, and cheaper. The railroad deeply affected the development of Baltimore's port, industry, and urban geography, as well as its financial, educational, and cultural institutions. George Peabody, Enoch Pratt, William Walters, and Johns Hopkins-the city's most prominent philanthropists-were involved with the B&O, some intimately; the Johns Hopkins University was founded on B&O Railroad stock. The B&O also contributed by aiding in the growth of the state's iron and coal industries. The B&O came to be called "the Railroad University of the United States." Its civil engineers formed the core of the railroad engineering profession in America. The company's annual reports during the building of the line were, according to the American Railroad Journal in 1835, "a textbook and their road and workshops have been as a lecture room to thousands." Throughout, the author highlights the many types of men who were involved in that history: promoters, financiers, politicians, lawyers, newspaper editors, fixers and bagmen, civil engineers, inventors and mechanics, foremen, contractors, and feuding Irish laborers, who together built the first long-distance, general-purpose railroad in the United States. The book is illustrated with 80 photographs and drawings and 5 maps.
This masterful, richly illustrated account of the planning and building of the most important and influential early American railroad, the Baltimore and Ohio, is an essential contribution not only to railyway history but also to the broader history of the development of the United States in the first half of the nineteenth century. There was no precedent for the building of the B&O. The construction of the 380-mile line from Baltimore to the Ohio River over a period of 25 years is an epic story of astute planning and innovative engineering that overcame many formidable obstacles, notably the arduous traversing of 200 miles of mountain wilderness. Its successful inauguration provided a spur to internal improvements throughout the United States. Railroads, and certainly the B&O, epitomized progress, not only in the development and extension of the Western frontier but in the revelation that personal travel and the delivery of freight could be dramatically faster, better, and cheaper. The railroad deeply affected the development of Baltimore's port, industry, and urban geography, as well as its financial, educational, and cultural institutions. George Peabody, Enoch Pratt, William Walters, and Johns Hopkins-the city's most prominent philanthropists-were involved with the B&O, some intimately; the Johns Hopkins University was founded on B&O Railroad stock. The B&O also contributed by aiding in the growth of the state's iron and coal industries. The B&O came to be called "the Railroad University of the United States." Its civil engineers formed the core of the railroad engineering profession in America. The company's annual reports during the building of the line were, according to the American Railroad Journal in 1835, "a textbook and their road and workshops have been as a lecture room to thousands." Throughout, the author highlights the many types of men who were involved in that history: promoters, financiers, politicians, lawyers, newspaper editors, fixers and bagmen, civil engineers, inventors and mechanics, foremen, contractors, and feuding Irish laborers, who together built the first long-distance, general-purpose railroad in the United States. The book is illustrated with 80 photographs and drawings and 5 maps.
Railroads have played a major role in transportation, logistics and development in the state of Indiana. A perfect resource for railroad enthusiasts or students of Indiana history, Indiana Railroad Lines provides a comprehensive and detailed account of the railroad companies that operated in the state between 1838 and 1999 and the counties and towns they served. This volume provides the dates of the contraction, purchase, sale, lease and abandonment of the various railroad lines and is complete with charts and maps that provide information on the development and decline of railroads in the state.
This new study brings together leading experts to show how the modern world began with the coming of the railway. They clearly explain why it had a greater impact than any other technical or industrial innovation before and completely redefined the limits of the civilized world. While the effect of railways on economic development is self-evident, little attention has been paid to their impact on international relations. This is unfortunate, for in the period from 1848 to 1945, railways were an important element in the struggle between the Great Powers. This took many forms. Often, as in East Asia, the competition for railway concessions reflected the clash of rival imperial interests. The success or failure of this competition could determine which of the European Powers was to dominate and exploit the markets of China and Siam. Just as often, railways were linked with military matters. Prussia's success in the wars of German unification depended on its strategic railways just as much as on the strength of its armies, and the rail links remained a vital aspect of German military thinking before the First World War. So, too, did they for the Russians, whose vast Empire required rail links capable of moving the Tsarist army quickly and competently. Just as importantly, railways could be vital for Imperial defence, as the British discovered on the North-West frontier of India. This book will be of much interest to students of international history, military history and strategic studies.
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