Document Type

Article

Publication Date

7-1988

Journal or Book Title

Transportation Quarterly

Volume

42

Issue

3

First Page

359

Last Page

375

Abstract

Historically, labor costs have represented the largest cost component of the transportation industry. The industry is heavily unionized, and transport workers generally receive higher wages than the average industrial worker. Under federal economic regulation, carriers had little incentive to bargain hard to keep labor costs low. Restrictive entry policies and collective ratemaking resulted in near-uniform pricing among competitors. Increased labor costs were merely passed on to the consumers of transport services.

Comments

This article is from Transportation Quarterly 42, no. 3 (1988): 359–375. Posted with permission.

Copyright Owner

Eno Foundation for Transportation, Inc.

Language

en

File Format

application/pdf

File Size

17 p.

Share

COinS