| dc.description | Deregulation has put the freight railroad industry on a more secure financial footing. In general, the transformation of the rail industry since the Staggers Rail Act of 1980 has been viewed by stakeholders at many levels as verwhelmingly positive. Perhaps most important to note is that deregulation has allowed the rail industry to fully realize the benefits of operating as a private business — cutting costs, boosting productivity, eliminating unprofitable lines, and gaining a higher degree of business autonomy. One consequence of this reduction in physical capacity is that often only one railroad company's lines run on a particular route, resulting in monopolistic pricing practices. | en |
