MOTOR CARRIER FINANCING AND EARNINGS REGULATION: THE OTHER SIDE OF THE COIN

This paper contains a critical assessment of public policy toward motor carrier earnings regulation. It is pointed out that, based on recent trends, public policy has reached the stage where decisions are being made within a circularity of issues relative to determining revenue need, i.e., a situation where the regulation of any factor leads to additional requlation of other factors until a point of "indefinite extension of control" is reached. Current regulation not only contain definitional and measurement problems, but are often in conflict, tell an incomplete story, and beyond practical and socially desirable regulatory boundaries. In seeking an answer to this problem, the author presents the situation regarding motor carrier earnings from the other side of the coin. This is done through a critical analysis of an article by Dr. J. R. Nelson entitled "Motor Carrier Regulation and the Financing of the Industry." In conclusion, the author presents his views on investment risk and economic characteristics of motor carriers, and offers suggestions for revamping the present regulatory framework.

  • Corporate Authors:

    Association of Interstate Commerce Com Practitners

    1112 ICC Building, 12th Street & Constitution Avenue, NW
    Washington, DC  USA  20423
  • Authors:
    • Levine, H A
    • Wang, N C
  • Publication Date: 1974-11

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Filing Info

  • Accession Number: 00265072
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Feb 11 1975 12:00AM