Ratemaking Rule - ICC Act: Hearings Before the Committee on Interstate and Foreign Commerce, United State Senate, Eighty-fifth Congress, Second Session on S. 3778, to Amend the Interstate Commerce Act, as Amended So as to Strengthen and Improve the National Transportation System, and for Other Purposes. May 20 and 21, 1958 |
From inside the book
Page 156
... it “ shall give due consideration , among other factors , to the effect of rates on
the movement of traffic . " The addition of the phrase " by the carrier or carriers for
which the rates are prescribed " came later with the Transportation Act of 1940 .
... it “ shall give due consideration , among other factors , to the effect of rates on
the movement of traffic . " The addition of the phrase " by the carrier or carriers for
which the rates are prescribed " came later with the Transportation Act of 1940 .
Page 157
... the exercise of its power to prescribe just and reasonable rates — the
Commission shall give due consideration among other factors to the effect of
rates on the movement of traffic by the carrier or carriers for which the rates are
prescribed .
... the exercise of its power to prescribe just and reasonable rates — the
Commission shall give due consideration among other factors to the effect of
rates on the movement of traffic by the carrier or carriers for which the rates are
prescribed .
Page 166
Paragraph ( 2 ) of the present section 15a provides that , the Commission shall
give due consideration , among other factors , to the effect of rates on the
movement of traffic by the carrier or carriers for which the rates are prescribed ; * *
* This ...
Paragraph ( 2 ) of the present section 15a provides that , the Commission shall
give due consideration , among other factors , to the effect of rates on the
movement of traffic by the carrier or carriers for which the rates are prescribed ; * *
* This ...
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Common terms and phrases
amendment American Waterways Operators appears application authority barge barge lines believe bill carry Chairman charge Commissioner FREAS committee commodities compensatory competing competition Congress consider consideration cost course destructive determining economic effect establish existing fact follows forms of transportation freight give going hearings increase industry INGERSOLL inherent advantage intended Interstate Commerce Act Interstate Commerce Commission involving language legislation less lower matter mean meet mode of transportation motor carriers movement necessary objection operating particular percent permit practices present problem proposed protect provisions question rail rail rates railroads ratemaking rates reasonable recommendations record reduced referred regulation respect result rule Senator LAUSCHE Senator POTTER Senator SMATHERS shippers situation statement subcommittee suggest thing tion traffic truck trying unfair United water carriers waterways
Popular passages
Page 47 - In a proceeding involving competition between carriers of different modes of transportation subject to this Act, the Commission, in determining whether a rate is lower than a reasonable minimum rate, shall consider the facts and circumstances attending the movement of the traffic by the carrier or carriers to which the rate is applicable. Rates of a carrier shall not be held up to a particular level to protect the traffic of any other mode of transportation, giving due consideration to the objectives...
Page 201 - Such action shall be brought in the district court of the United States for the judicial district in which the plaintiff resides, or has his principal place of business, or, if he does not reside or have his principal place of business within any such judicial district, in the United States District Court for the District of Columbia.
Page 7 - Act, so administered as to recognize and preserve the inherent advantages of each; to promote safe, adequate, economical, and efficient service and foster sound economic conditions in transportation and among the several carriers...
Page 201 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations of the Administrator to be issued hereunder and for such purpose the Secretary of the Treasury is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under such Act as amended, are extended to include any purchase of such notes and obligations.
Page 199 - For purposes of subsection (b) , the term "regulated public utility" also includes a common parent corporation which is a common carrier by railroad subject to part I of the Interstate Commerce Act...
Page 44 - As Congress enacted separately stated ratemaking rules for each transport agency, it obviously intended that the rates of each such agency should be determined by us in each case according to the facts and circumstances attending the movement of the traffic by that agency. In other words, there appears no warrant for believing that rail rates, for example, should be held up to a particular level to preserve a motor-rate structure, or vice versa (259 ICC at p.
Page 201 - Secretary of the Treasury may at any time sell any of the notes or other obligations acquired by him under this subsection. All redemptions, purchases, and sales by the Secretary of the Treasury of such notes or other obligations shall be treated as public debt transactions of the United States.
Page 2 - ... the Commission pursuant to this paragraph, the laws or constitution of any state, or the decision or order of, or the pendency of any proceeding before, any court or state authority to the contrary notwithstanding.
Page 65 - Congress to provide for fair and impartial regulation of all modes of transportation subject to the provisions of the act, so administered as to recognize and preserve the inherent advantages of each...
Page 94 - Differences in the classifications, rates, fares, charges, rules, regulations, and practices of a water carrier in respect of water transportation from those in effect by a rail carrier with respect to rail transportation shall not be deemed to constitute unjust discrimination, prejudice, or disadvantage, or an unfair or destructive competitive practice, within the meaning of any provision of this Act.
Bibliographic information
| Title | Ratemaking Rule - ICC Act: Hearings Before the Committee on Interstate and Foreign Commerce, United State Senate, Eighty-fifth Congress, Second Session on S. 3778, to Amend the Interstate Commerce Act, as Amended So as to Strengthen and Improve the National Transportation System, and for Other ... |
| Author | United States. Congress. Senate. Committee on Interstate and Foreign Commerce |
| Publisher | U.S. Government Printing Office, 1958 |
| Original from | the Library of Congress |
| Digitized | 10 Oct 2006 |
| Length | 204 pages |
| Export Citation | BiBTeX EndNote RefMan |