Download or read book Freight railroad regulation Surface Transportation Board s oversight could benefit from evidence better identifying how mergers affect rates written by and published by DIANE Publishing. This book was released on 2001 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Freight Railroad Regulation written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-02-07 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: GAO-01-689 Freight Railroad Regulation: Surface Transportation Board's Oversight Could Benefit From Evidence Better Identifying How Mergers Affect Rates
Download or read book Freight Railroad Regulation written by and published by . This book was released on 2001 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Oversight Hearing on the STB s Moratorium on Major Rail Mergers and 15 month Rulemaking Proceedings on Future Mergers written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Surface Transportation and Merchant Marine and published by . This book was released on 2002 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Modernizing Freight Rail Regulation written by and published by . This book was released on 2015-08-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "TRB Special Report 318: Modernizing Freight Rail Regulation examines the future role of the Surface Transportation Board (STB) in overseeing and regulating the service levels and rate offerings of railroads. This congressionally-requested report recommends approaches to resynchronize a regulatory program that has become outdated. The U.S. freight railroad industry has modernized and has become financially stable since the Staggers Rail Act of 1980, but the study committee finds that some of the industry's economic regulations have not kept pace and should be replaced with practices suited to today's freight rail system. The study committee finds that more appropriate, reliable, and usable procedures are needed for resolving rate disputes. The committee recommends that Congress should prepare to repeal the formula for eligibility for rate relief and should direct the U.S. Department of Transportation to develop a screening tool that compares disputed rates with rates charged in competitive rail markets. Current methods make artificial and arbitrary estimates of the cost of rail shipping. Adjudication can cost millions of dollars, and some cases have taken years to resolve, deterring shippers with smaller claims. Simplified methods that are economically valid and practical have yet to be introduced. The study committee recommends that STB replace hearings on the reasonableness of rates with arbitration hearings that compel faster, more economical resolutions. Merger reviews should be transferred to antitrust agencies, according to the committee, which also recommends that STB collect and analyze shipment-level data on service quality in overseeing the railroads' response to common carrier service obligations."
Download or read book The Surface Transportation Board and Regulations Related to the Freight Railroad Industry written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Surface Transportation and Merchant Marine Infrastructure, Safety, and Security and published by . This book was released on 2012 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Surface Transportation Board s New Merger Rules written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Surface Transportation and Merchant Marine and published by . This book was released on 2004 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economic Effects of Surface Freight Deregulation written by Clifford Winston and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: For close to 100 years, America's surface freight industries, primarily rail and trucking, operated under the protective wing of the U.S. government. In 1980 Congress, finding vast inefficiencies in the two industries, substantially deregulated both, opening them at last to market competition. Deregulation has brought with it many changes—for firms within the industries, for their labor force, and for shippers and their customers. Clifford Winston, Thomas M. Corsi, Curtis M. Grimm, and Carol A Evans provide a comprehensive evaluation of the effect of the deregulation legislation on the rail and trucking industries. According to the authors, deregulation has made substantial progress in solving the two most vexing problems of the surface freight transportation industry—excessive rates in the trucking industry and insufficient returns on investment in the rail industry. Competition and efficiency have returned to both industries, and although the labor force in each has suffered wage and job losses, shippers and their customers have gained roughly $20 billion a year in benefits. The authors recommend policies that would continue to promote competition and the efficient use of highway and railway infrastructure.
Download or read book Economics Service and Capacity in the Freight Railroad Industry written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Surface Transportation and Merchant Marine and published by . This book was released on 2012 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Railroad Regulation written by Jayetta Z. Hecker and published by DIANE Publishing. This book was released on 2002-03 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Railroads are the primary mode of transportation for many products, especially for such bulk commodities as coal and grain. Yet by the 197Os, American freight railroads were in a serious financial decline. Congress responded by passing the Railroad Revitalization and Regulatory Reform Act of 1976 and the Staggers Rail Act of 1980. These acts reduced rail regulation and encouraged greater reliance on competition to set rates. Railroads have also continued to consolidate (through such actions as mergers, purchases, changes in control, and acquisitions) to reduce costs, increase efficiencies, and improve their financial health.
Download or read book Railroad Regulation written by United States. General Accounting Office and published by . This book was released on 2002 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Oversight Hearing on the STB s Moratorium on Major Rail Mergers and 15 month Rulemaking Proceedings on Future Mergers written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Surface Transportation and Merchant Marine and published by . This book was released on 2002 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Month in Review written by and published by . This book was released on 2001-07 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Conrail Merger Implications written by United States. Congress. Senate. Committee on Appropriations. Subcommittee on Transportation and Related Agencies and published by . This book was released on 1998 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Report of Committee Activities written by United States. Congress. House. Committee on Appropriations and published by . This book was released on 2001 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Foundations for 21st Century Freight Rail Rate Regulation written by John W. Mayo and published by . This book was released on 2019 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Staggers Rail Act of 1980 made a substantial break from an almost century-old policy of pervasively regulating the prices for freight rail services provided in the United States. In particular, rather than regulators establishing prices, Staggers permits shippers and railroads to voluntarily negotiate rates, terms and conditions, with regulation providing a fallback if negotiation fails or is too onerous for what is at stake on the shipment. While largely deregulating the rate-setting process, the statute requires that rates be “reasonable” in the event of a complaint filed by a shipper and where a railroad is found to be market dominant - a requirement that necessitates that regulators determine a method for assessing whether a given rate or set of rates is, in fact, reasonable. In the wake of the passage of Staggers, the Interstate Commerce Commission (ICC) [now the Surface Transportation Board (STB)] established the method for determining whether a rate is “reasonable,” in which case the rate is allowed to stand; or whether the rate is unreasonable and must be reduced. The system, known as Constrained Market Pricing (CMP), was established largely on a bedrock of economic theory and has been in place now for almost thirty-five years. Yet, absent a refresher, the passage of time creates the prospect that the economic foundations of CMP will fade. The purpose of this paper is to provide that refresher. Along the way we seek to re-establish the fundamental economic appeal of CMP, reflect on criticisms and alternatives that have been proffered, and offer refinements for rail regulation moving forward.
Download or read book United States Congressional Serial Set Serial No 14800 House Reports Nos 795 804 written by and published by Government Printing Office. This book was released on with total page 1412 pages. Available in PDF, EPUB and Kindle. Book excerpt:
