Title
Main Lines: Rebirth of the North American Railroads, 1970-2002 - Hardcover
by Richard Jr. Saunders (Author)
Rising from the corporate wreckage of the 1970s, when even the nation's largest railroad filed for bankruptcy, American railroads are once again a major part of the global economy. Richard Saunders brings to life this amazing story of revitalization, showing how a combination of creatively structured aid from the public sector and talented private management gave railroads new momentum. By 2002, American railroads carried five times the tonnage they hauled in their former heyday, and they did this with one-tenth of the employees.
How did this revolution happen? Saunders shows how limited, disciplined, and politically risky government intervention stabilized a sinking industry. Whatever their results for other industries, President Carter's deregulation and President Reagan's tax revisions restored the railroads' financial health. Container cars and other new technologies also helped to transform inefficient railroads into vibrant enterprises. Corporate strategies varied on the road to success, and even skilled managers encountered pitfalls, but the railroads' resurgence and growth proved to be unstoppable.
After the merger mania of the mid-twentieth century, the main U.S. railroad systems evolved into seven transregional corporate giants. Of the "Super Seven," only four survived past the 1990s--the Norfolk Southern, CSX, Union Pacific, and Burlington Northern-Santa Fe. These four set the standard at a time when no other major railroads could afford the new technologies needed to turn a profit.
A sequel to Merging Lines, this engagingly written account brings the story of American railroads up to the twenty-first century. As American transport enters the twenty-first century, the iron horse that consolidated the Industrial Revolution once again flexes its muscle.
Author Biography
Richard Saunders Jr. teaches history at Clemson University. He is author of Merging Lines: American Railroads, 1900-1970, which won the 2002 George W. and Constance M. Hilton Award.
by Richard Jr. Saunders (Author)
Rising from the corporate wreckage of the 1970s, when even the nation's largest railroad filed for bankruptcy, American railroads are once again a major part of the global economy. Richard Saunders brings to life this amazing story of revitalization, showing how a combination of creatively structured aid from the public sector and talented private management gave railroads new momentum. By 2002, American railroads carried five times the tonnage they hauled in their former heyday, and they did this with one-tenth of the employees.
How did this revolution happen? Saunders shows how limited, disciplined, and politically risky government intervention stabilized a sinking industry. Whatever their results for other industries, President Carter's deregulation and President Reagan's tax revisions restored the railroads' financial health. Container cars and other new technologies also helped to transform inefficient railroads into vibrant enterprises. Corporate strategies varied on the road to success, and even skilled managers encountered pitfalls, but the railroads' resurgence and growth proved to be unstoppable.
After the merger mania of the mid-twentieth century, the main U.S. railroad systems evolved into seven transregional corporate giants. Of the "Super Seven," only four survived past the 1990s--the Norfolk Southern, CSX, Union Pacific, and Burlington Northern-Santa Fe. These four set the standard at a time when no other major railroads could afford the new technologies needed to turn a profit.
A sequel to Merging Lines, this engagingly written account brings the story of American railroads up to the twenty-first century. As American transport enters the twenty-first century, the iron horse that consolidated the Industrial Revolution once again flexes its muscle.
Author Biography
Richard Saunders Jr. teaches history at Clemson University. He is author of Merging Lines: American Railroads, 1900-1970, which won the 2002 George W. and Constance M. Hilton Award.
At Welibooks, we offer new, used, and collectible
books. Each title is carefully graded, and its condition is clearly listed
to ensure transparency and credibility—especially for used, collectible, rare,
and out-of-print books.
We encourage customers to read the book description
carefully to ensure the selected item meets their expectations. For detailed
information on how we grade our books, please click here. To better
understand common book-collecting terminology, visit our Glossary of Book
Terms here.
Shipping & Returns
Shipping
We deliver your parcel within 2–3 working days. As soon as your package has left our warehouse, you will receive a confirmation by email. This confirmation contains a tracking number that you can use to find out where your package is.
Returns
We offer free returns within 30 days. All you have to do is fill out the return slip that you received in your package and stick the prepaid label on the package.Please note that it can take 2 weeks for us to process your return. We will do our best to complete this process as soon as possible.
Shipping & Returns
Shipping
We deliver your parcel within 2–3 working days. As soon as your package has left our warehouse, you will receive a confirmation by email. This confirmation contains a tracking number that you can use to find out where your package is.
Returns
We offer free returns within 30 days. All you have to do is fill out the return slip that you received in your package and stick the prepaid label on the package.Please note that it can take 2 weeks for us to process your return. We will do our best to complete this process as soon as possible.
Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
Secure Payment
Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Diners Club, Discover and more.
Secure Payment
Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Diners Club, Discover and more.