Trucks to trains

Article Abstract:

Coffee planting spread in Brazil in the 19th century thanks to railroads, which allowed coffee to be transported to ports. Railroads underwent a decline in the 20th century, but they have started to recover market share from roads, and uncultivated fertile land could be used in Brazil if the railroads provided transportation. Labor productivity is low, despite job shedding, and road transportation benefits from subsidized diesel fuel. Logistics firms are enterng the Brazilian market, which should help the railroads.

Brazil, Transportation

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Russian railways: side tracked

Article Abstract:

Russia's state-owned railway network appears to be the next target in president Yeltsin's privatization plan. The existing railway network is plagued by uncompetitive pricing and is sorely in need of at least partial privatization, since a full-scale attempt appears unlikely.

Russia, Privatization, Privatization (Business), Railroad policy, Railroads and state

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Stop me before I merge again

Article Abstract:

A moratorium on mergers by US railroad companies has been upheld by an appeal court. The background to this decision, and its implications are examined in detail.

United States, Laws, regulations and rules, Acquisitions and mergers

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