Railroad Performance Under the Staggers Act

7 Pages Posted: 22 Jan 2011 Last revised: 19 Feb 2013

See all articles by B. Kelly Eakin

B. Kelly Eakin

Christensen Associates

A. Thomas Bozzo

Christensen Associates

Mark Meitzen

Christensen Associates

Philip E. Schoech

Christensen Associates

Date Written: January 20, 2011

Abstract

Thirty years have passed since the Staggers Act was signed into law and we can now take a fairly long measure of how well it has lived up to its promise. We can also venture some guesses as to what is in store for U.S. railroads and their shippers in the first half of the new century. We argue in this article that the Staggers Act has lived up to its promise, delivering early, substantially, and over a long period of time. However, railroad productivity growth in the years ahead will likely be less than what was experienced in the decades after Staggers, though it should be enough to sustain the industry. The interesting question is how the struggle will play out between railroads and shippers over who will capture the greater share of those gains.

Keywords: Staggers Act, Federal railroad policy, railroad regulation, deregulation, transportation, U.S. railroad industry, government policy

JEL Classification: L90, L91, L92, L98

Suggested Citation

Eakin, B. Kelly and Bozzo, A. Thomas and Meitzen, Mark and Schoech, Philip E., Railroad Performance Under the Staggers Act (January 20, 2011). Regulation, Vol. 33, No. 4, 2010, Available at SSRN: https://ssrn.com/abstract=1744329 or http://dx.doi.org/10.2139/ssrn.1744329

B. Kelly Eakin (Contact Author)

Christensen Associates ( email )

4610 University Ave.
Suite 700
Madison, WI 53705-2164
United States

A. Thomas Bozzo

Christensen Associates ( email )

4610 University Ave.
Suite 700
Madison, WI 53705-2164
United States

Mark Meitzen

Christensen Associates ( email )

4610 University Ave.
Suite 700
Madison, WI 53705-2164
United States

Philip E. Schoech

Christensen Associates ( email )

4610 University Ave.
Suite 700
Madison, WI 53705-2164
United States

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