publication . Preprint . 1998

Dakota, Minnesota and Eastern Railroad: 1997

Paul R. Reed; Carol J. Cumber;
Open Access
  • Published: 01 Jan 1998
Abstract
Approximately twenty-five years ago, a majority of the railroads in the industry were either in or near bankruptcy. As a partial cure, a series of federal and state legislation was enacted which freed the industry from archaic laws passed in the days railroads enjoyed a virtual monopoly in U.S. transportation. One of the outcomes of this new legislation was the freedom granted major railroads to abandon or sell off excess trackage to entrepreneurs. The Dakota Minnesota & Eastern (DM&E) is a regional railroad that was spun off from the Chicago and North Western(C&NW) Railroad in 1986 and purchased by a group of entrepreneurs. The railroad’s mainline extends from ...
Subjects
free text keywords: Strategic Mgmt, Regional Railroads, jel:M1
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