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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Railroad Regulation: Shipper Experiences and Current Issues in ICC Regulation of Rail Rates: RCED-87-119

Railroad Regulation: Shipper Experiences and Current Issues in ICC Regulation of Rail Rates: RCED-87-119

U. S. Government Accountability Office (G

Paperback

General Political Science

ISBN10: 1289018839
ISBN13: 9781289018832
Publisher: Bibliogov
Published: Jun 26 2013
Pages: 66
Weight: 0.30
Height: 0.14 Width: 7.44 Depth: 9.69
Language: English
In response to a congressional request, GAO provided information on: (1) the Interstate Commerce Commission's (ICC) implementation of the market dominance and rate reasonableness provisions of railroad deregulation legislation; and (2) shippers' ability to obtain rate relief from ICC under the legislation.
GAO found that: (1) most of the rate dispute cases were settled through shipper and railroad negotiations; (2) although ICC believed that many shippers obtained rate relief through contract rates, out of 19 cases where ICC ruled that a rate was unreasonable, only 6 cases resulted in a negotiated contract, and only one of the shippers involved believed the contract rate to be rate relief; (3) ICC published coal rate guidelines to help railroads set reasonable rates, help shippers evaluate proposed rates, and encourage negotiated rates; (4) the guidelines contained no practical method for apportioning fixed costs among shippers, which resulted in widely varying methods of calculating upper limits on costs; and (5) recent case decisions have helped clarify what approaches to determine these costs ICC will find acceptable.

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