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Rail line abandonment is a process designed to allow railroads a means for disposing of unprofitable lines. This paper discusses this process.

 

Section 803 of the Railroad Revitalization and Regulatory Reform Act of 1975 as amended in 1979 provides for public financial assistance to states on an 80/20 matching basis for state rail freight assistance programs. The program is a direct result of the financial condition of the railroad industry...

 
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