摘要: |
THE ADMINISTRATION'S EXECUTIVE ORDER ENCOURAGING competition in the rail, ocean and other industries is a belated acknowledgment that we have a problem in these essential industries.In the 1800s, we gave the railroad companies thousands of miles of land, including riverfront along some of our most important arteries, in order that they could build out a rail system.From the very beginning, there were commercial interests that saw the future-a national, integrated, private set of steel roads controlled by very few executives. The Interstate Commerce Commission (ICC) was created after beleaguered shippers threatened politicians with expulsion.The ICC was later abolished and replaced with only a nominal regulatory agency, The Surface Transportation Board (STB), an organization that has already demonstrated an aversion to regulating the major railroads.I have read with interest an increasing number of references to a "North American rail oligarchy." As a large rail shipper for many years and a former billing auditor for a Class 1, I witnessed the upgrading of executives I interacted with over a couple of decades. Gone were the relationship folks, and in came the smart, often non-rail folks who saw the opportunity to realize the dream of the early rail barons. |