Railroad Problems: Hearings Before a Subcommittee of the Committee on Interstate and Foreign Commerce, House of Representatives, Eighty-fifth Congress, Second Session, on Railroad Problems with Particular Reference to Abandonment of Service, Construction Reserve, and Competitive and Intrastate Rates |
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Page 8
... percent . In the same period , consumer prices have risen 56.3 percent , and the Wholesale Price Index by 70.9 percent . Comparisons based on earlier years reveal similar trends . In 1957 costs per gross ton - mile were 92.8 percent ...
... percent . In the same period , consumer prices have risen 56.3 percent , and the Wholesale Price Index by 70.9 percent . Comparisons based on earlier years reveal similar trends . In 1957 costs per gross ton - mile were 92.8 percent ...
Page 14
... percent on their book investment . That was in the year 1942 when extraordinary wartime conditions raised net earnings to abnormal levels . The adequacy of railway earnings can be measured also in relation to the common and preferred ...
... percent on their book investment . That was in the year 1942 when extraordinary wartime conditions raised net earnings to abnormal levels . The adequacy of railway earnings can be measured also in relation to the common and preferred ...
Page 16
... percent . In that period , the total intercity ton - miles of transportation ( all agen- cies ) increased from 900 billion to nearly 1,400 billion , an advance of about 50 percent . A further 20 - percent increase in population by 1970 ...
... percent . In that period , the total intercity ton - miles of transportation ( all agen- cies ) increased from 900 billion to nearly 1,400 billion , an advance of about 50 percent . A further 20 - percent increase in population by 1970 ...
Page 18
... percent more than last year . If the distribution leveled off and the railroads maintained their 1954 participation , they would be called upon to handle 790 billion ton - miles , 42 percent more than last year . If the railroads were ...
... percent more than last year . If the distribution leveled off and the railroads maintained their 1954 participation , they would be called upon to handle 790 billion ton - miles , 42 percent more than last year . If the railroads were ...
Page 29
... percent of total payroll . To this latter figure railroads which have supplementary pension plans ( primarily to provide retirement bene- fits on earnings in excess of the maximum covered wage under both OASI and railroad retirement ) ...
... percent of total payroll . To this latter figure railroads which have supplementary pension plans ( primarily to provide retirement bene- fits on earnings in excess of the maximum covered wage under both OASI and railroad retirement ) ...
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Common terms and phrases
amended American Waterways Operators amount Army-Navy game Association barge lines believe bill BULAND burden cars cents CHAIRMAN charges class I railroads committee commodities common carriers compensatory Congress construction reserve cost decision depreciation discontinuance docket earnings economic effect equipment exhibit fares Federal filed FLYNT forms of transportation FREAS freight rates fund going HALE hearings income increase inherent advantages Interstate Commerce Act Interstate Commerce Commission intrastate rates legislation LEIGHTY LOOMIS loss low-cost carrier McDONALD ment million modes of transportation motor carriers national transportation policy net income O'HARA operating OREN HARRIS out-of-pocket out-of-pocket cost Pacific passenger deficit passenger service Pennsylvania Pennsylvania Railroad percent period portation present problem proposal question rail carriers rail rates railroad industry railway ratemaking reasonable reduced regulation regulatory result revenues ROBERTS Seatrain Senate shippers situation Smathers statement subcommittee SYMES tion ton-miles truck water carriers waterways YOUNGER
Popular passages
Page 182 - 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 236 - ... shall prescribe the rate, fare, or charge, or the maximum or minimum, or maximum and minimum, thereafter to be charged, and the classification, regulation, or practice thereafter to be observed, in such manner as, in its judgment, will remove such advantage, preference, prejudice, or discrimination.
Page 181 - ... 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 service.
Page 97 - ... all to the end of developing, coordinating, and preserving a national transportation system by water, highway, and rail, as well as other means, adequate to meet the needs of the commerce of the United States, of the Postal Service, and of the national defense. All of the provisions of this Act shall be administered and enforced with a view to carrying out the above declaration of policy.
Page 300 - 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.
Page 290 - 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 236 - Whenever In any such Investigation the Commission, after full hearing, finds that any such rate, fare, charge, classification, regulation, or practice causes any undue or unreasonable advantage, preference, or prejudice as between persons or localities In Intrastate commerce on the one band and Interstate or foreign commerce...
Page 236 - ... 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 180 - Nothing in this part shall apply to the transportation by a water carrier of commodities in bulk when the cargo space of the vessel in which such commodities are transported is being used for the carrying of not more than three such commodities.
Page 431 - The provisions of the bill are based upon the theory that the paramount evil chargeable against the operation of the transportation system of the United States as now conducted is unjust discrimination between persons, places, commodities, or particular descriptions of traffic.