Title: THE GERMAN FEDERAL SINKS DEEPER INTO TROUBLE: I AND II
Abstract: Confronted with mounting deficits and a declining market share of both freight and passenger movement within West Germany, German Federal Railway is reporting it will be unable to balance its books by 1985 as it has been directed by the Federal Government. Even the publicly announced deficit does not include a very large Federal compensation and support under various programs including maintenance of low local passenger fares, railway pensions, interest on loans for postwar reconstruction, and other Federal subsidies. Large-scale line abandonments, closing of local passenger services, reduction in labor costs through investment, and more equitable terms of competition between the principal transport modes are all being implemented or advocated. Passenger service will be concentrated on major intercity routes; freight services will be completely recast with unit trains and classification yard consolidations; computerized data processing and new operational controls are being instituted with the most elaborate computer applications on any railway.
Publication Year: 1978
Publication Date: 1978-03-01
Language: en
Type: article
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