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Patterns of Restructuring<BR> The US Class 1 Railroads from 1984 to 2004

Friebel, Guido; McCullough, Gerard; Angulo, Laura Padilla - In: Journal of Transport Economics and Policy 48 (2014) 1, pp. 115-135

We investigate the restructuring of the US freight railroad industry after its deregulation. An econometric analysis of the joint effects of 'defensive' and 'strategic restructuring' reveals that, unsurprisingly, downsizing of the physical network has affected financial performance positively....

Persistent link: https://www.econbiz.de/10010990178