Railroad rate hike risks and rail-ship transport conflicts
Boake Carter argues that 15 percent freight-rate increases by railroads will raise distribution costs and likely shrink volumes, harming consumers and manufacturers. He contrasts aging, underfunded equipment with modern needs and notes the ICC’s role amid competition from buses, trucks, airplanes, and barges, praising Kennedy’s merchant marine reforms.
MENTIONED IN THIS ARTICLE
I. U
Call for a unified U S transportation policy and leadership
A reader argues for a Secretary of Transportation to realign America’s transport system across buses trucks rail air and waterways. The piece asserts current rail dependence risks government ownership and urges coordinated rates to lower costs boost manufacturing and raise consumption. It cites the I C C and seeks a neutral, economy friendly transport framework.
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