TRANSPORT REGULATION: AN EFFECTIVE TOOL OF PUBLIC POLICY

Regulation of transportation was instituted for good and sufficient reasons. The public was unwilling to tolerate uncontrolled monopoly and equally reluctant to endure the vicissitudes of rigorous competition, even if it could be compelled. There has been no public clamor for change in the procedure for the allocation of this fundamental social overhead cost in spite of extensive expressions of politicians, economists, and consumer advocates pushing such measures. That the transport regulatory system could benefit from a great deal of revision goes without saying. That large segments should be abandoned--few advocate complete abandonment--is something else again. The basic philosopy of controlled rivalry should be retained, and emphasis should be placed upon modification to obtain greater uniformity, utilization of full-cost pricing, the provision of incentives, and less cumbersome and complex procedures. /GMRL/

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  • Corporate Authors:

    American Society of Traffic and Transportation

    547 West Jackson Boulevard
    Chicago, IL  USA  60606
  • Authors:
    • Melton Jr, L J
  • Publication Date: 1978

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Filing Info

  • Accession Number: 00183133
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Nov 14 1978 12:00AM