THE BUILT-IN BIAS AGAINST EFFICIENCY IMPROVEMENT IN TRANSPORTATION: WHAT TO DO ABOUT IT

This paper discusses what can be done to stimulate cost cutting investments to improve the stability of transportation prices in reaction to governmental biases against efficiency in transportation. The author maintains that it is in dealing with cost increases in the regulatory process that the government is biased. Freight rates are controlled but costs are not. The process can be improved by getting potential cost cutting improvements out in the open. Better tools are needed to anticipate and meet problems. Another problem area is the disproportionate amount of freight carried by private carriers. This encourages misuse of exemptions for private carriers. There should be more competition in transportation as this assures efficiency. The author proposes that rather than abolish the ICC and its regulations that the regulatory process be improved.

  • Supplemental Notes:
    • Remarks of Mr. Creedy before the New York Chapter of Association of ICC Practitioners, World Trade Center, New York City, September 10 1974.
  • Corporate Authors:

    Association of Interstate Commerce Com Practitners

    1112 ICC Building, 12th Street & Constitution Avenue, NW
    Washington, DC  USA  20423
  • Authors:
    • Creedy, J A
  • Publication Date: 1975-1

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Filing Info

  • Accession Number: 00095896
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Jul 2 1975 12:00AM