Railroads, our first large corporations, are rapidly adapting to
the deregulated climate of the 1990s. As we approach the 21st
century, this book tells the story of the changing role of
railroads in our economy and how the law has changed to meet the
new competitive environment. Topics include abandonment and
extension, railway labor law, rail passenger service, short line
spinoffs, special problems of railroad employment and parallel
deregulatory activity in Canada.
The authors deal with the changing railroad environment by
describing the rail network of today, which has shrunk in
route-miles but is in better shape than at any time since World War
II. The changing role of rail employment is discussed, as well as
government operation of Amtrak and commuter rail services. What
regulation remains with the Interstate Commerce Commission and
Federal Railroad Administration is described in detail. Finally,
the authors go north of the border to show how Canada is facing
rail deregulation and how Canadian railroads are playing a major
part in the U.S. transportation scene. The authors close with a
look at railroading as we approach the 21st century. Dooley and
Thoms have written a comprehensive book for lawyers and rail
enthusiasts alike.
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