The Transportation Improvement Act of 1974: The Surface Transportation Act of 1973, and Freight Car Legislation |
From inside the book
Results 1-5 of 48
Page 2
... finds that continued operation will produce sufficient revenues to cover the cost of operating the line . ( 22 ) ( g ) . If the Commission finds that continued operation of the line will not produce sufficient revenue to cover the cost ...
... finds that continued operation will produce sufficient revenues to cover the cost of operating the line . ( 22 ) ( g ) . If the Commission finds that continued operation of the line will not produce sufficient revenue to cover the cost ...
Page 6
... find- ings which are designed to assure adequate protection to the U.S. in the event of default , and to assure that the improvements will contrib- ute to a more rational , efficient , and economical rail transportation system ...
... find- ings which are designed to assure adequate protection to the U.S. in the event of default , and to assure that the improvements will contrib- ute to a more rational , efficient , and economical rail transportation system ...
Page 13
... finds modifications equitable and not prejudicial to the interest of the United States ; establishes a maximum obligational authority : $ 2 billion of unpaid principle and interest thereon ; requires 70 % of outstanding guarantees shall ...
... finds modifications equitable and not prejudicial to the interest of the United States ; establishes a maximum obligational authority : $ 2 billion of unpaid principle and interest thereon ; requires 70 % of outstanding guarantees shall ...
Page 14
... finds , as a result of inadequate utilization or inade- quate supply , that there still is a continuing shortage of general purpose cars , or ( ii ) the Secretary finds there has not been a significant increase in utilization ; and ( b ) ...
... finds , as a result of inadequate utilization or inade- quate supply , that there still is a continuing shortage of general purpose cars , or ( ii ) the Secretary finds there has not been a significant increase in utilization ; and ( b ) ...
Page 24
... finds it is not consistent with public ICC should consider the losses in operating the line , the convenience and necessity . In making its determination , extent of actual use and need for the line by shippers , and the development of ...
... finds it is not consistent with public ICC should consider the losses in operating the line , the convenience and necessity . In making its determination , extent of actual use and need for the line by shippers , and the development of ...
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Common terms and phrases
abandonment accounting action agreement amended antitrust application appropriate approval Authority bill Board capital car service centum certificate charge Commerce Act 49 common carrier Congress control system convenience and necessity Corporation date of enactment Davis-Bacon Act determined Directors economic effective efficient employees equipment obligation insured equipment trust certificates established exceed facilities fare Federal filed financing or refinancing fund holder improve interest Interstate Commerce Act Interstate Commerce Commission issuance issued Labor Liberty Bond line of railroad loan guarantee ment national rolling stock national system necessary obligor paragraph payment prescribe principal amount prohibited proposed public convenience purposes pursuant rail railroad freight cars rate bureaus reasonable regulations revenue rolling stock information rolling stock scheduling scheduling and control Secretary of Labor Secretary of Transportation securities shippers standards stock information system terminate terms and conditions tion traffic Treasury United United States Code utilization variable cost
Popular passages
Page 64 - That nothing in this Act shall prevent the carriage, storage, or handling of property free or at reduced rates for the United States, State, or municipal governments, or for charitable purposes, or to or from fairs and expositions for exhibition thereat, or the free carriage of destitute and homeless persons transported by charitable societies, and the necessary agents employed in such transportation...
Page 67 - ... 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 62 - ... (3) 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...
Page 53 - ... no carrier by railroad subject to this part shall abandon all or any portion of a line of railroad, or the operation thereof, unless and until there shall first have been obtained from the Commission a certificate that the present or future public convenience and necessity permit of such abandonment.
Page 64 - ... nothing in this Act contained shall in any way abridge or alter the remedies now existing at common law or by statute, but the provisions of this Act are in addition to such remedies...
Page 53 - Commission a certificate that the present or future public convenience and necessity require or will require the construction, or operation, or construction and operation, of such additional or extended line...
Page 65 - That if any common carrier subject to the provisions of this act shall, directly or indirectly, by any special rate, rebate, drawback, or other device, charge, demand, collect or receive from any person or persons a greater or less compensation...
Page 70 - 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 63 - 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...
Page 142 - States a civil penalty of not more than $5,000 for each violation, which shall accrue to the United States and may be recovered in a civil action brought by the United States.