Analyze the major issues addressed by the ICC Termination Act national transportation policy statements.
Answer to relevant QuestionsUnlike many industrialized nations, the United States has fostered private ownership of transportation companies. What is the rationale for private ownership? Compare and contrast pure competition with monopoly from a pricing perspective. If you were a shipper, which would you prefer? Why? Which would a carrier prefer? How might pricing strategies differ among carriers in perfectly competitive markets, oligopolistic markets, and monopolistic markets? Private carriage is more important in the motor carrier segment of our transportation industry than any of the other four major modal segments. What factors have contributed to private carriage becoming so prevalent in the ...Railroads no longer dominate the freight transportation market but they still lead the market in terms of freight ton-miles. What factors contribute to their leadership in this area? Why is their share of the total ...
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