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Book Productivity and Competition in the U S  Trucking Industry Since Deregulation

Download or read book Productivity and Competition in the U S Trucking Industry Since Deregulation written by Veiko Paul Parming and published by . This book was released on 2013 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1980 Congress passed the Motor Carrier Act, substantially liberating trucking carriers from a federal regulatory structure that had exercised broad economic control over the industry for over four decades. Changes in the industry were swift and extensive. This thesis returns to the transformational period encompassing the deregulatory and post-deregulatory years. Using the Motor Carrier Annual Reports (Form M) dataset, the thesis sets its focus as physical productivity at the firm level, and analyzes the truckload (TL) and less-than-truckload (LTL) sectors separatIy. The Form M dataset covers the years 1977-1992; the baseline for cumulative analysis is set as 1979, the eve of the Motor Carrier Act. The productivity analysis is contextualized within a wider account of industry changes, including substantial declines in unit costs. The thesis goes on to present a framework for understanding how deregulation engendered changes in competition and productivity. Physical multifactor productivity (MFP) growth in the years 1979-1992 is found to average 1.6% p.a. for TL and 1.0% p.a. for LTL. After initial productivity stagnation, MFP growth from 1983 on was 2.0% and 1.7% p.a. for TL and LTL, respectively. This is suggestive of steady improvement in efficiency, if not a productivity revolution. Although productivity growth was modest, it played a significant role in cutting unit costs. Between 1979-1992 real unit costs declined by 39% for the truckload sector; productivity factors were associated with a 17% reduction while input price factors were responsible for a 20% reduction. For the LTL sector, the decline in unit costs was 17%, with productivity responsible for a 7% drop and input price factors, an 11% drop. The unit cost savings enabled carriers to offer lower real output prices to shippers.

Book Transportation After Deregulation

Download or read book Transportation After Deregulation written by B Starr McMullen and published by Elsevier. This book was released on 2001-09-12 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Several of the papers in this volume are concerned with assessing both the timing and the impacts of deregulation and regulatory reform in the US transportation sector. Of increasing interest is the importance of productivity growth and the role played by new technologies in a more competitive market environment. Four of the papers in this volume deal directly with these issues in the context of motor carriers and railroads, two sectors which have been operating under substantially reduced regulatory constraints for the past twenty years in the US. Although the financial condition of US railroads has improved since 1980, there is still some concern regarding their long run viability as private enterprises. Accordingly, one of the papers considers the potential for further reductions in railroad costs through transcontinental mergers, a controversial issue due to the small number of railroads that remain in the industry.

Book Bulletin

    Book Details:
  • Author :
  • Publisher :
  • Release : 1990
  • ISBN :
  • Pages : 178 pages

Download or read book Bulletin written by and published by . This book was released on 1990 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Business of Transportation

Download or read book The Business of Transportation written by Darren Prokop and published by Bloomsbury Publishing USA. This book was released on 2014-05-12 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a must-have resource for anyone interested in the latest information about the complex field of transportation—and how it is transforming today's business environment. This wide-ranging, two-volume work explores the transportation industry in all its many guises. It demonstrates how transportation is vital to most businesses and how it facilitates trade and globalization. It also explains how transportation figures into environmental and supply chain security challenges in the modern world. The contributors get into the nitty-gritty of how the business of transportation works and who the players are. Equally important, they show why those who depend on transportation in their business cannot afford to ignore such details when seeking greater efficiency, growth, profit, and market share.

Book Technological Change and Its Labor Impact in Five Energy Industries

Download or read book Technological Change and Its Labor Impact in Five Energy Industries written by United States. Bureau of Labor Statistics and published by . This book was released on 1979 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Structural Reforms  Productivity and Technological Change in Latin America

Download or read book Structural Reforms Productivity and Technological Change in Latin America written by Jorge M. Katz and published by United Nations Publications. This book was released on 2001 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last ten to fifteen years, profound structural reforms have moved Latin America and the Caribbean from closed, state-dominated economies to ones that are more market-oriented and open. Policymakers expected that these changes would speed up growth. This book is part of a multi-year project to determine whether these expectation have been fulfilled. Focusing on technological change, the impact of the reforms on the process of innovation is examined. It notes that the development process is proving to be highly heterogenous across industries, regions and firms and can be described as strongly inequitable. This differentiation that has emerged has implications for job creation, trade balance, and the role of small and medium sized firms. This ultimately suggests, amongst other things, the need for policies to better spread the use of new technologies.

Book Stuck in the Slow Lane

Download or read book Stuck in the Slow Lane written by Kenneth Duncan Boyer and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Mirroring the railroad industry of the 1940's and 1950's, the trucking industry today appears to be achieving impressive productivity gains. But it is easy to confuse true productivity advances in transportation industries with changes in ton-miles per unit of input that are due simply to changes in the composition of traffic, as initially happened with the mid-20th century U.S. railroads. This is due to the fact that transportation has vastly different productivities in different settings -- for example, when moving long haul versus short haul traffic -- and the measurement of changes in physical productivity can be overwhelmed by even subtle changes in the traffic mix. After controlling for endogenous changes in the composition of truck traffic, we find that trucking has in fact been a lagging sector of the U.S. economy over the period of our data, 1982-1997, with observed productivity changes much more likely due to changes in speed limits and the dimensions of vehicles than adoption of information technology. Our finding of a slow improvement in the physical productivity of trucking inputs does not deny the real improvements in the quality of trucking services (reliability, predictability, speed, order tracking, etc.) that have taken place in the last quarter century. But as in other service industries, true physical productivity improvements in trucking are hard to find"--Forschungsinstitut zur Zukunft der Arbeit web site.

Book Productivity

Download or read book Productivity written by and published by . This book was released on 1990 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Positive Sum Strategy

Download or read book The Positive Sum Strategy written by Nathan Rosenberg and published by National Academies Press. This book was released on 1986-01-01 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides a state-of-the-art review of the relationship between technology and economic growth. Many of the 42 chapters discuss the political and corporate decisions for what one author calls a "Competitiveness Policy." As contributor John A. Young states, "Technology is our strongest advantage in world competition. Yet we do not capitalize on our preeminent position, and other countries are rapidly closing the gap." This lively volume provides many fresh insights including "two unusually balanced and illuminating discussions of Japan," Science noted.

Book Innovation  Entrepreneurship  and Technological Change

Download or read book Innovation Entrepreneurship and Technological Change written by Albert N. Link and published by Oxford University Press. This book was released on 2007-06-07 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive and integrative overview of the current thinking on innovation, entrepreneurship, and technical change, written from an economics perspective, for academics, graduate, and advanced undergraduate students of Business Studies, Economics, Entrepreneurship, and Innovation Studies.

Book Productivity  a Selected  Annotated Bibliography

Download or read book Productivity a Selected Annotated Bibliography written by and published by . This book was released on 1990 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Transportation Statistics Annual Report

Download or read book Transportation Statistics Annual Report written by and published by . This book was released on 2001 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The American Work Force

Download or read book The American Work Force written by DIANE Publishing Company and published by DIANE Publishing. This book was released on 1994-08 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents employment projections for the year 2005. Charts and tables.

Book Productivity

Download or read book Productivity written by United States. Bureau of Labor Statistics and published by . This book was released on 1984 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: