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MessagePosté le: Sam 8 Juil - 19:46 (2017)    Sujet du message: RailroadReorganization Répondre en citant


Railroad Reorganization
by Stuart Daggett
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price: $28.95
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publisher: Palala Press (December 4, 2015)
lang: English
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isbn: 1347169385, 978-1347169384,
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PpHowever,,the,corporation,had,earlier,submitted,to,the,executive,branch,and,to,Congress,an,ambitious,five-year,financial,plan,,calling,for,expenditures,for,additional,new,equipment,and,the,investment,of,$1.2,billion,over,six,years,to,substantially,improve,track,,roadbed,and,signal,systems,of,12,separate,short-and,medium-distance,corridor,routesRail,Services,Planning,Office,,Interstate,Commerce,Commission,,Evaluation,of,the,Secretary,of,Transportation's,Rail,Services,Report,,May,2,,1974The,,Rail,,Services,,Planning,,Office,,held,,hearings,,on,,the,,report,,which,,raised,,serious,,questions,,about,,many,,aspects,,of,,track,,abandonment837853.Footnote:17Sixteen,short-to-medium,distance,corridors,in,other,densely,populated,areas,in,the,region,were,also,designated,for,new,or,improved,passenger,service.23,"to,the,extent,that,it,would,require,continued,operation,of,rail,services,at,a,loss,in,violation,of,the,constitutional,rights,of,the,owners,and,creditors,of,a,railroad,"

pp30,,1975.Footnote:28Business,,Week,,,selected,,issuesCongress,approved,the,final,plan,on,November,9,,1975,,and,on,February,5,,1976,President,Gerald,Ford,signed,the,Railroad,Revitalization,and,Regulatory,Reform,Act,of,1976,(the,"4R,Act"),,which,included,this,Final,System,Plan,,into,law.[8]If,,,trains,,,are,,,to,,,fulfill,,,the,,,promises,,,being,,,made,,,for,,,them,,,in,,,a,,,nation,,,growing,,,conscious,,,of,,,energy,,,and,,,environmental,,,concerns,,,,they,,,must,,,be,,,made,,,not,,,only,,,safe,,,but,,,efficient,,,and,,,appealing,,,to,,,passengers,,,and,,,shippersThe,financial,collapse,of,the,Penn,Central,Transportation,Company,,the,largest,passenger,and,freight,carrier,in,the,country,,triggered,a,series,of,events,which,eventually,brought,the,railroad,problems,to,the,floor,of,Congress.21,The,Penn,Central,filed,bankruptcy,proceedings,in,federal,district,court,in,Philadelphia,on,June,21,,1970,,and,for,the,next,three,years,struggled,vainly,to,reorganize,under,Section,77,of,the,Federal,Bankruptcy,ActIIn,,the,,busy,,Northeast,,Corridor,,from,,Boston,,to,,Washington,,,the,,association,,recommended,,that,,freight,,trains,,be,,rerouted,,to,,parallel,,lines,,and,,that,,track,,and,,equipment,,be,,upgraded,,to,,permit,,the,,development,,of,,reliable,,high-speed,,passenger,,service

PpRailroad,Reorganization,Under,the,U.SFinal,,System,,Plan,,for,,Restructuring,,Railroads,,in,,the,,Northeast,,and,,Midwest,,Region,,pursuant,,to,,the,,Regional,,Rail,,Reorganization,,Act,,of,,197317.Footnote:22PState,,,and,,,Local,,,Fears,,,of,,,Track,,,Abandonment37However,,even,,new,,equipment,,can,,he,,unreliable,,,as,,was,,shown,,one,,week,,in,,January,,1975,,when,,50,,Metroliners,,,which,,ordinarily,,travel,,under,,their,,own,,power,,between,,New,,York,,and,,Washington,,,had,,to,,be,,pulled,,by,,35-to,,40-year-old,,Penn,,Central,,locomotivesThe,most,significant,of,these,would,be,between,Cincinnati,and,Detroit;,Cleveland,and,Pittsburgh;,Chicago,and,Cleveland;,and,Washington,and,Pittsburgh

USRA,,announced,,a,,preliminary,,plan,,on,,February,,26,,,1975,,,and,,the,,ICC,,then,,conducted,,public,,hearings,,on,,the,,draft,,plan.[5],,USRA,,published,,the,,Final,,System,,Plan,,on,,July,,26,,,1975.[6],,The,,plan,,called,,for,,Conrail,,to,,consist,,of,,lines,,from,,Penn,,Central,,and,,six,,other,,companies:,,the,,Ann,,Arbor,,Railroad,,(bankrupt,,1973),,,Erie,,Lackawanna,,Railway,,(1972),,,Lehigh,,Valley,,Railroad,,(1970),,,Reading,,Company,,(1971),,,Central,,Railroad,,of,,New,,Jersey,,(1967),,and,,Lehigh,,and,,Hudson,,River,,Railway,,(1972)Paul,,,J25,,,1974.Footnote:24The,Dot,Report,,as,it,was,known,,was,the,first,step,in,the,restructuring,process,under,the,Rail,Reorganization,Act,,and,it,contained,the,department's,conclusions,and,recommendations,with,regard,to,all,rail,servicessolvent,and,bankruptin,the,regionUnless,,,specifically,,,rejected,,,by,,,Congress,,,by,,,Sept88PpAmtrak's,,,operating,,,deficit,,,rose,,,from,,,$158.6,,,million,,,in,,,calendar,,,year,,,1973,,,to,,,$272.7,,,million,,,in,,,1974

(c),,Section,,601,,of,,the,,Rail,,Act,,,which,,specifically,,deals,,with,,other,,statutes,,inconsistent,,with,,the,,Rail,,Act,,,does,,not,,mention,,the,,Tucker,,ActAfter,,,years,,,of,,,indecision,,,about,,,a,,,proper,,,fate,,,for,,,ailing,,,and,,,failing,,,railroads,,,in,,,the,,,Northeast,,,and,,,Midwest,,,regions,,,,a,,,preliminary,,,official,,,blueprint,,,now,,,existsPhysical,,,Deterioration,,,and,,,Concern,,,Over,,,SafetyThe,,Rail,,Act,,establishes,,a,,Government,,corporation,,,the,,United,,States,,Railway,,Association,,(USRA),,,which,,is,,directed,,to,,formulate,,a,,"Final,,System,,Plan",,(Plan),,by,,July,,26,,,1975,,,for,,restructuring,,the,,railroads,,into,,a,,"financially,,self-sustaining,,rail,,service,,system.",,The,,Plan,,must,,provide,,for,,transfer,,of,,designated,,railroad,,properties,,to,,the,,Consolidated,,Rail,,CorpThe,,,deficit,,,estimate,,,for,,,the,,,fiscal,,,year,,,beginning,,,in,,,mid-1975,,,is,,,$350,,,millionAt,,the,,end,,of,,the,,Civil,,War,,,there,,were,,35,085,,miles,,of,,track,,in,,the,,United,,States1Railroads,,,Special,,,FocusAccording,,to,,Usra,,projections 5d8a9798ff



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