After the passage of the Staggers Rail Act of 1980 the railroads have improved service to their customers. Describe these areas of improvement
The Staggers act increased competition among the rail companies by allowing rate making freedom. Since the passage of the Staggers Rail act the railroads have shown increases in customer service levels. There has been an improvement in safety, with declines in accidents, injuries and fatalities. A survey of rail shippers showed that 86 percent of the respondents approved of government actions allowing rate-making freedom for the railroads.Rail rates have declined by 7.6 percent. Intermodal traffic has increased by 97 percent, and productivity measures have shown an increase.
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Answer the following statement true (T) or false (F)
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Indicate whether the statement is true or false