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additional allowance amendment American amount appear apply Association automobiles average basis believe bill carry Chairman charges Commission committee commodities compete competition Congress consideration considered construction contract correct cost determined effect enacted export fact factors figures Ford foreign freight give going Government handling haul hearings increase industry Interstate Commerce legislation less Lines loaded Maritime matter mean miles million modes of transportation MONRONEY Morgan motor carriers move movement Office operators owner percent permit piggyback Plan position present president proposed question rail railroads ratemaking rates reasonable record reduced reference respect result rule Senator BARTLETT Senator LAUSCHE shippers ships statement subsidy tankers tion trade traffic trailers transportation truck United vessels Washington Zagri
Popular passages
Page 279 - ... the Commission shall not permit the establishment of any charge to or from the more distant point that is not reasonably compensatory for the service performed...
Page 61 - 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.
Page 567 - 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 of the National Transportation Policy declared in this Act.
Page 259 - In 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 259 - 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; to the need, in the public interest, of adequate and efficient railway transportation service at the lowest cost consistent with the furnishing of such service ; and to the need of revenues sufficient to enable the carriers, under honest, economical, and efficient management to provide such service.
Page 279 - What constitutes a minimum reasonable rate is a matter to be determined in the light of the facts of record in each individual case, avoiding arbitrary action and keeping within statutory and constitutional limitations, just as in the case of maximum reasonable rates. Whether a rate is below a reasonable minimum depends on whether it yields a proper return ; whether the carrier would be better off from a net...
Page 259 - ... the Commission shall give due consideration, among other factors, to the inherent advantages of transportation by such carriers to the effect of rates upon the movement of traffic by such carriers; to the need, in the public interest, of adequate and efficient transportation service by such carriers at the lowest cost consistent with the furnishing of such service; and to the need of revenues sufficient to enable such carriers, under honest, economical, and efficient management, to provide such...
Page 187 - Co., and others of less notoriety, but of great influence — to lower prices of their commodities, oftentimes below the cost of production in certain communities and sections where they had competition, with the intent to destroy and make unprofitable the business of their competitors, and with the ultimate purpose in view of thereby acquiring a monopoly in the particular locality or section in which the discriminating price is made.
Page 507 - 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 ; to encourage the establishment and maintenance of reasonable charges for transportation services, without unjust discriminations, undue preferences or advantages, or unfair or destructive competitive practices...
Page 155 - ... arbitrary action and keeping within statutory and constitutional limitations, just as in the case of maximum reasonable rates. Whether a rate is below a reasonable minimum depends on whether it yields a proper return ; whether the carrier would be better off from a net revenue standpoint with it than without it; whether it represents competition that is unduly destructive to a reasonable rate structure and the carriers; and whether it otherwise conforms to the national transportation policy and...
Bibliographic information
| Title | Hearings |
| Author | United States. Congress. Senate. Committee on Commerce |
| Published | 1961 |
| Original from | the University of Michigan |
| Digitized | 15 Jun 2005 |
| Export Citation | BiBTeX EndNote RefMan |