RATE BUREAUS AND THE RAILROAD REVITALIZATION AND REFORM ACT OF 1976 - TRUMAN REVISITED

Railroads grew up with collective ratemaking, practices using them before the passage of the Federal antitrust laws in 1890 and continuously thereafter. Court challenges never changed the practices basically; the Railroad Revitalization and Regulatory Reform Act of 1976 for the first time alters the regulatory approach to reduce the scope of detailed regulatory intervention and increase the scope of flexible carrier pricing decisions. The Section 5a changes mean that many railroad rates must come to be made by competitive procedures under pain of antitrust liabilities with joint-line rates a particular problem. The pressure to curtail collective pricing and service decisions will continue and more far reaching changes in pricing practices are in prospect.

• Corporate Authors:

  Association Interstate Commerce Comm Practitioner

  1112 ICC Building
  Washington, DC  United States  20423
• Authors:
  • Pearce, C J
  • Clearwaters, K I
• Publication Date: 1976-5

Media Info

• Pagination: p. 482-501
• Serial:
  • ICC Practitioners Journal
  • Volume: 43
  • Issue Number: 4
  • Publisher: N/A

Subject/Index Terms

• TRT Terms: Antitrust laws; Freight traffic; Rate making; Rates; Regulation; Regulations; Traffic managers
• Identifier Terms: Railroad Revitalization and Regulatory Reform Act of 1976; U.S. Interstate Commerce Commission
• Uncontrolled Terms: Freight rates; Shippers
• Old TRIS Terms: Government regulations; Rate regulation
• Subject Areas: Economics; Freight Transportation; Law; Railroads;

Filing Info

• Accession Number: 00136257
• Record Type: Publication
• Files: TRIS
• Created Date: Jul 13 1976 12:00AM