Ratemaking Rule--ICC Act: Hearings Before the Committee on Interstate and Foreign Commerce, United States 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 |
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Page 10
... competition , as long as their rates were com- pensatory . That was our understanding . Senator SCHOEPPEL . And then the guardian at the gate was the Interstate Commerce Commission ? Mr. WHEELER . Exactly , exactly . Now , the bill , as ...
... competition , as long as their rates were com- pensatory . That was our understanding . Senator SCHOEPPEL . And then the guardian at the gate was the Interstate Commerce Commission ? Mr. WHEELER . Exactly , exactly . Now , the bill , as ...
Page 21
... competition is encountered , until the competition is destroyed . The complete success of that monopolistic tendency has been frustrated , in part , by the enactment of law , by your declaration of transportation policy , and the ...
... competition is encountered , until the competition is destroyed . The complete success of that monopolistic tendency has been frustrated , in part , by the enactment of law , by your declaration of transportation policy , and the ...
Page 22
... compete are depressed , and the local rates to and from the ports are increased , so that Seatrain's port - to - port rates must take a double shrink to stay in the competitive picture . Now , what I just said , Senators , might sound a ...
... compete are depressed , and the local rates to and from the ports are increased , so that Seatrain's port - to - port rates must take a double shrink to stay in the competitive picture . Now , what I just said , Senators , might sound a ...
Page 25
... competitive ratemaking . How do you make that statement in view of the language which was just read by the Chairman ? Mr. WELLER . Are you speaking of the language of that act ? Senator LAUSCHE . Please read it , Mr. Chairman . Senator ...
... competitive ratemaking . How do you make that statement in view of the language which was just read by the Chairman ? Mr. WELLER . Are you speaking of the language of that act ? Senator LAUSCHE . Please read it , Mr. Chairman . Senator ...
Page 32
... competitive with the all - rail rate . It is the kind of a circumstance I described here . Let us suppose the $ 1.50 ... competitive practices contained in the national transporta- tion policy . The entire act is interpreted in the light ...
... competitive with the all - rail rate . It is the kind of a circumstance I described here . Let us suppose the $ 1.50 ... competitive practices contained in the national transporta- tion policy . The entire act is interpreted in the light ...
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Common terms and phrases
amendment American Waterways Operators ARPAIA attending the movement barge lines believe bill Chairman coastwise Commissioner FREAS commodities common carrier compensatory rate competitive rates Congress consider destructive competitive practices economic effect facts and circumstances Foreign Commerce forms of transportation fully distributed costs hearings INGERSOLL inherent advantages Interstate and Foreign Interstate Commerce Act Interstate Commerce Commission LANGDON language legislation ment mode of transportation Motor Carrier Act motor carriers national transportation policy operating out-of-pocket costs percent permit PINKNEY portation prescribed proceeding involving competition proposed rates protect provisions question rail carriers rail rates railroad industry railroad rates reasonable minimum rate recommendations reduced rates regulation revenues Seatrain Senator LAUSCHE Senator MONRONEY Senator POTTER Senator SCHOEPPEL Senator SMATHERS shippers statement subcommittee tion traffic trans Transportation Act transportation system unfair United States Senate WARREN G water carriers water transportation WEISS WELLER WHEELER