ICLE on Reciprocal Switching
National Review – The International Center for Law & Economics (ICLE) was cited by National Review in a piece about the Surface Transportation Board’s plan to mandate reciprocal switching for freight rail. You can read the full piece here.
All things considered, the effects of rail consolidation haven’t been bad for shippers or railroads. As a brief from the International Center for Law and Economics says, “Shippers pay appropriate market rates, innovation is pursued aggressively, and infrastructure is maintained. If regulators were to act on the belief that a certain minimum number of Class I railroads is needed to foster competition, they would risk undercutting benefits to end-customers and shippers alike.”