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The pipeline was then mothballed for years and used as a leverage against rail rate increases.
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He lowered rail rates and tariffs on imports and abolished the expensive concessions granted by the Kruger regime.
GAO has noted that rail rates actually declined between 1985 and 2000, but it also says that rates have increased slightly since about 2001, which could either be due to "reasonable economic practices" or a "possible abuse of market power".
Freight rail rates dropped considerably and companies got the breathing room they needed to rebuild and reinvest.
What that means for the rail industry is very simple: if you cap rail rates, then you discourage innovation and productivity initiatives and diminish revenue.
Off-the-rails rating: 5/5.
Off-the-rails rating: 4/5 Robbie Williams will feel the 1D duo's pain.
Off-the-rails rating: 3/5 The bum-fluffed Canadian has gone from boy-next-door to bad boy.
Off-the-rails rating: 2/5 Britney Spears was the bestselling teen artist of all time and undisputed Princess of Pop but gradually became a controversy magnet.
Off-the-rails rating: 4/5 Baseball-capped crooner Brian Harvey was sacked from East 17 after condoning ecstasy use: "I've done 12 in one night… It's cool to take drugs… Ecstasy can make you a better person".
Compared with rails, rates of all injuries were significantly higher on the half-pipe, jumps and boxes (table 4).
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