THE ICC AND COAL UNIT TRAIN RATES

In regulation of unit-train rates two decades ago, ICC sought to assure that the tariffs were not predatory (against competing carriers) or discriminatory (against non-qualifying shippers) but would allow Eastern railroads to retain some of their declining coal traffic. Inflation, the energy crisis that has increased coal's value as a utility fuel, the rise in Western coal production, and the 4R Act with its mandate for ICC to allow railroads to attain revenue levels that would be sufficient to attract equity capital have all combined to change the ratemaking philosophy or railroads and the ICC's regulatory procedures, ICC has been developing an improved method for costing railroad service and in reexamining its regulatory procedures to comply with 4R Act provisions.

Media Info

  • Features: References;
  • Pagination: p. 41-57

Subject/Index Terms

Filing Info

  • Accession Number: 00325705
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Feb 18 1981 12:00AM