CONGRESS PONDERS NEW RAIL BILL

Congress is presently considering action on the Transportation Improvement Act of 1974 (TIA). The bill will provide for $2 billion in Federal loan guarantees governing rail operation; make it easier to abandon unprofitable rail lines; revise taxation, accounting and rate making procedures; authorize $35 million to design a national rolling stock scheduling to control system that will improve car utilization. The TIA is being described as a method to improve the regulatory climate and financial health of the whole rail freight system.

  • Availability:
  • Corporate Authors:

    Simmons-Boardman Publishing Corporation

    P.O. Box 350
    Bristol, CT  USA  06010
  • Authors:
    • McConnell, R M
  • Publication Date: 1974-1-28

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00054633
  • Record Type: Publication
  • Source Agency: Canadian National Railways, Headquarters Library
  • Files: TRIS
  • Created Date: Jun 18 1974 12:00AM