The Interstate Commerce Commission: Past and Present
The Interstate Commerce Commission (ICC) was created by Congress in 1887 under the Interstate Commerce Act. The primary responsibilities of the ICC were to control competition and stabilize rates for a then monopolistic rail industry. The ICC's responsibilities were later extended to motor carrier, barge, and airline industries. In recent decades the ICC has undergone reform in its regulation of the transportation industry. The process of converting the transportation industry's highly regulated environment to a deregulated, competitive market, is the product of several legislatively enacted administrations and ICC members. As a new administration takes office, it is important to understand the evolution of the ICC and the administration's influence on ICC operations. Powers allowing the President and the Senate's Surface Transportation Subcommittee to approve nominations for the ICC provide the most visible opportunity for influencing the ICC's philosophy and actions, and thus the regulatory environment for the transportation industry. This report is a brief history of the ICC and the role it plays in the transportation industry.
- Record URL:
- Record URL:
- Publication Date: 1993-3
Language
- English
Media Info
- Media Type: Digital/other
- Features: References;
- Pagination: 20p
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Serial:
- UGPTI Staff Paper
- Issue Number: 111
- Publisher: Upper Great Plains Transportation Institute
Subject/Index Terms
- TRT Terms: Competition; Deregulation; History; Rates; Regulation
- Identifier Terms: U.S. Interstate Commerce Commission
- Geographic Terms: United States
- Subject Areas: History; Law; Policy; Transportation (General);
Filing Info
- Accession Number: 01705824
- Record Type: Publication
- Files: NTL, TRIS
- Created Date: May 23 2019 4:29PM