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 |
From inside the book
Results 6-10 of 67
Page 28
... this proposed amendment of section 15 ( a ) would enable them to pursue collusive destructive rate practices , without fear of antitrust prosecution , so that neither the public nor the coastal 28 RATEMAKING RULE - ICC ACT.
... this proposed amendment of section 15 ( a ) would enable them to pursue collusive destructive rate practices , without fear of antitrust prosecution , so that neither the public nor the coastal 28 RATEMAKING RULE - ICC ACT.
Page 29
... destructive rate wars . I have no objection to financial assistance for the railroads , but I do not think it should be combined with the issuance of a hunting license against their com- petitors . Congress has repeatedly affirmed the ...
... destructive rate wars . I have no objection to financial assistance for the railroads , but I do not think it should be combined with the issuance of a hunting license against their com- petitors . Congress has repeatedly affirmed the ...
Page 32
... destructive competitive practices contained in the national transporta- tion policy . The entire act is interpreted in the light of that policy . Senator BIBLE . If it is apparent that there is an unfair competitive destructive practice ...
... destructive competitive practices contained in the national transporta- tion policy . The entire act is interpreted in the light of that policy . Senator BIBLE . If it is apparent that there is an unfair competitive destructive practice ...
Page 33
... destructive competitive practice . That was all I wanted to clear up . Mr. LEIGHTON . May I say one sentence at this point ? Senator SMATHERS . Yes . Mr. LEIGHTON . I am a lawyer , and I am concerned . This is a later statute , and it ...
... destructive competitive practice . That was all I wanted to clear up . Mr. LEIGHTON . May I say one sentence at this point ? Senator SMATHERS . Yes . Mr. LEIGHTON . I am a lawyer , and I am concerned . This is a later statute , and it ...
Page 43
... destructive competitive practices which originally led to regulation of this industry . It would ultimately result in lessened competition and tend to create monopoly in for - hire transportation . It would spawn all - out rate wars ...
... destructive competitive practices which originally led to regulation of this industry . It would ultimately result in lessened competition and tend to create monopoly in for - hire transportation . It would spawn all - out rate wars ...
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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 carriers compensatory rate competitive rates competitors Congress destructive competitive practices economic effect facts and circumstances Foreign Commerce forms of transportation fully distributed costs going hearings INGERSOLL inherent advantage 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 problem proposed rates protect provisions question rail carriers rail rates railroad industry railroad rates Railroads proposed ratemaking rule reasonable minimum rate recommendations reduced rates regulation revenues Seatrain Senator LAUSCHE Senator MONRONEY Senator POTTER Senator SCHOEPPEL Senator SMATHERS shippers statement subcommittee TAYLOR tion traffic trans Transportation Act transportation system unfair United States Senate WARREN G water carriers water transportation WEISS WELLER WHEELER
Popular passages
Page 199 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations issued hereunder and for that purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act...
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 199 - ... 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 purchases of such notes and obligations.
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 165 - ... 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 1 - ... (4) 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 hand and interstate or foreign commerce...
Page 197 - 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 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 44 - As Congress enacted separately stated rate-making 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 ngoney.
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.