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Research Reports
Filter by Author20 report(s) found for Wes Wilson This report examines the history of railroad cost analysis, examines some of the criticisms of current railroad costing methodologies, and presents some alternative methods for analyzing the costs of individual railroad movements. Partial deregulation of the railroad industry substantially eased regulatory impediments to consolidation. Since partial deregulation, there has been a massive consolidation of firms in the railroad industry, which has been premised on efficiency gains, network rationalization, and service quality. In... The Staggers Act of 1980 largely deregulated the Class I Railroad industry and has had profound effects on labor. Between 1978 and 1994, employment in the industry decreased by about 60 percent, while real wages (average compensation) increased by over 40 percent. Earlier research examined employment... This study examines the effect of regulatory reform in the interstate trucking industry. In our model, carriers travel in round trips and choose to serve different markets corresponding to each leg of the trip. Some carriers have the regulatory authority to haul freight subject to regulation while other... Since partial deregulation of the railroad industry in 1980, rail rates have fallen in real terms, leading many observers to conclude that deregulation has been a success. Yet, previous studies of the effects of deregulation on aggregate rate levels are inconclusive in identifying deregulation as the... The goal of this research is to estimate productivity gains and cost savings in the railroad industry since 1978. Further, prior work was extended by separating output and size variables into measures of high and low density output and miles of track. For purposes of comparison, a translog cost function... Firms can jointly serve multiple markets in a set and can serve one of several mutually exclusive sets. Firms choose the set and the particular markets of the set in which to produce. Entry regulation influences these decisions by restricting access to some but not all markets. Entry restrictions directly... This report examines the firm decisions to enter markets under conditions of joint production and entry regulation. Trainload shipments of grain by elevators substantially reduce their transportation costs. However, many elevators must make investments upgrading their plant before they can ship in trainload movements. In this report, a logit model is developed which considers the investment decision for particular... The overall objective of this report is to assist grain trucking firms manage their backhaul opportunities. The specific objectives of this report are to: 1) identify and define the industry backhaul characteristics of North Dakota grain truckers; 2) determine and describe what methods are being used... |
