British Railways and the Challenge from Road Haulage: 1919-39

Interwar Britain witnessed the rapid rise of road transportas a serious competitor to the railways. This article examinesroad–rail competition for freight traffic. It demonstratesthat, contrary to previous accounts—which have been highlycritical of the railway companies—their failure to preventrapid loss of traffic to the roads was the inevitable consequenceof the regulatory framework under which the railways had beenreturned to private control in 1921. Given the constraints imposedby this framework, price competition with road hauliers wouldhave further depressed railway company profits. Railway policythus concentrated on pressing for a revision of the legislativeframework governing road–rail competition.