Green light on the rails
Journal Article
·
· Newsweek; (United States)
OSTI ID:5511160
It is speculated that a freight-rail revival may be at hand. The reasons for the optimism stem partly from America's energy imperative, i.e., as part of the effort to reduce dependence on foreign oil, domestic coal is getting more attention. Federal regulators are attempting to apply some economic logic to the freight-rail system. Regulations are now in place for railroads to liquidate or cut service. Congress is considering deregulation bills that would give railroads more freedom in setting freight rates and abandoning little-used routes. The ICC is promoting cost-saving merges and rail stocks are becoming a popular investment. Problems remain and these are discussed.
- OSTI ID:
- 5511160
- Journal Information:
- Newsweek; (United States), Journal Name: Newsweek; (United States) Vol. 95:8; ISSN NSWKA
- Country of Publication:
- United States
- Language:
- English
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