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Wednesday, December 2, 2020 | History

2 edition of Information on regulatory reform under the Staggers Rail Act of 1980 found in the catalog.

Information on regulatory reform under the Staggers Rail Act of 1980

United States. General Accounting Office

Information on regulatory reform under the Staggers Rail Act of 1980

report

by United States. General Accounting Office

  • 126 Want to read
  • 22 Currently reading

Published by The Office, U.S. General Accounting Office, Document Handling and Information Services Facility, [distributor in Washington, D.C, Gaithersburg, Md .
Written in English

    Subjects:
  • United States.,
  • Railroads -- United States -- Rates,
  • Railroad law -- United States

  • Edition Notes

    Statementby the U.S. General Accounting Office
    The Physical Object
    Pagination[1] leaf, v, 17 p. ;
    Number of Pages17
    ID Numbers
    Open LibraryOL14900717M


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Information on regulatory reform under the Staggers Rail Act of 1980 by United States. General Accounting Office Download PDF EPUB FB2

GAO developed information on selected aspects of the effects of the Staggers Rail Act of on shippers and railroads. Specifically, GAO reviewed the Interstate Commerce Commission's (ICC) revenue adequacy determinations as an indication of the railroads' financial condition, shippers' concerns about regulatory reform, and ICC actions to resolve shipper protests over railroad rate and.

Get this from a library. Information on regulatory reform under the Staggers Rail Act of report. [United States.

General Accounting Office.]. Title: RCED Information on Regulatory Reform Under the Staggers Rail Act of Subject: Transportation Created Date: 8/17/ PM. The Staggers Rail Act of marked a dramatic change in the evolution of the U.S. railroad industry by eliminating or greatly reducing federal regulatory control.

The Staggers Rail Act of is a United States federal law that deregulated the American railroad industry to a significant extent, and it replaced the regulatory structure that had existed since the Interstate Commerce Act of Enacted by: the 96th United States Congress.

(Measure passed House, amended, roll call # ()) Harley O. Staggers Rail Act of - Declares that the goals of this Act are: (1) to assist in rehabilitating the Nation's rail system to meet the demands of interstate commerce and national defense; (2) to reform Federal regulatory policy so as to preserve a safe and efficient rail.

Inthe motor carrier industry and the railroad industry experienced substantial regulatory reform as a result of the passage of the Motor Carrier Act of (July 1, ) and the Staggers Rail Act (Octo ). Although the extent of regula­ tory changes will not rival those seen since the.

Shown Here: Passed House amended (09/09/) (Measure passed House, amended, roll call # ()) Harley O. Staggers Rail Act of - Declares that the goals of this Act are: (1) to assist in rehabilitating the Nation's rail system to meet the demands of interstate commerce and national defense; (2) to reform Federal regulatory policy so as to preserve a safe and efficient rail system.

provisions of bhe Railroad Revitalization and Regulatory Reform Act of and the Staggers Rail Act. of As you are aware, one of the Staggers Rail Act’ s major goals was to provide a regulatory process that balances the needs of railroads, shippers, and the public.

This report provides information on how shippers obtain rate relief. The Staggers Rail Act of Eliminated many of the economic regulations on rates and prices for much of the rail industry ___________ is/are a major barrier to the effective use of information.

Shown Here: Conference report filed in House (09/29/) (Conference report filed in House, H. Rept. ) Staggers Rail Act of - Declares that the goals of this Act are: (1) to assist in rehabilitating the Nation's rail system to meet the demands of interstate commerce and national defense; (2) to reform Federal regulatory policy so as to preserve a safe and efficient rail system; (3.

Forty years ago today (Oct. 14, ), President Jimmy Carter signed the Staggers Rail Act into law. The landmark legislation partially deregulated the U.S. rail industry, and created “today’s nimble, resilient rail network built upon a rock-solid foundation,” noted Association of American Railroads President and CEO Ian Jefferies.

It enabled railroads to enter into contracts with. "§ Certification of rail carrier cost accounting systems "(a) Within days after the effective date of the Staggers Rail Ante, p. Act ofeach rail carrier providing transportation subject to the Information on regulatory reform under the Staggers Rail Act of 1980 book of the Interstate Commerce Commission under sub- 49 use Background of Staggers IMPETUS TO REGULATORY REFORM By the mid's, railroads were under severe financial stress, and policymakers began to look to regulatory reform to improve the operating and financial performance of the system.

The movement culminated in the passage of the Staggers Act. Public policy concerns over the railroad industry. The Staggers Rail Act of marked a dramatic change in the evolution of the U.S.

railroad industry by eliminating or greatly reducing federal regulatory control over virtually every aspect of. The Railroad Revitalization and Regulatory Reform Act of and the Staggers Rail Act of (Staggers Act) sought to revitalize the financial health of railroads by minimizing Federal regulatory control and providing flexibility in establishing rates, which could allow railroads to.

First, the Passenger Rail Act of were leading carriers of the obligation to provide passenger service. The Regional Rail Reorganization Act and the Railroad Revitalization and Regulatory Reform Act,affectionately referred to as the “3R” and “4R” Acts, were all incremental steps to dismantle this regulatory regime.

Staggers Rail Act of - Declares that the goals of this Act are: (1) to assist in rehabilitating the Nation's rail system to meet the demands of interstate commerce and national defense; (2) to reform Federal regulatory policy so as to preserve a safe and efficient rail system; (3) to assist the rail system to remain viable in the private sector of the economy; (4) to provide.

The study committee finds that while the U.S. freight railroad industry has become modernized and financially stable since the Staggers Rail Act ofsome of the industry’s remaining economic regulations have not kept pace and should be replaced with practices better-suited for today’s modern freight rail system.

The Staggers Rail Act Regulatory Mandate The goal of the Staggers Rail Act of was ‘‘ to provide for the restoration, maintenance, and improvement of the physical facilities and financial stability of the rail system of the United States.’’ (49 USC a).

The Staggers Act emphasized. Download this Commentary (PDF) This year marks the fortieth anniversary of two major pieces of federal deregulatory legislation. The Motor Carrier Act of removed rate and route regulations in the U.S.

trucking industry, and the Staggers Rail Act of deregulated most freight rail rates. Two years earlier, Congress passed and President Carter signed bills that gradually deregulated. Full text of "Staggers Rail Act of hearing before the Subcommittee on Surface Transportation of the Committee on Commerce, Science and Transportation, United States Senate, Ninety-seventh Congress, first session, on oversight of Staggers Rail Act of Once rail rates come under regulatory scrutiny, the Rockefeller bill incredibly provides that rates are to be judged without consideration of revenue adequacy for railroads.

The current requirement that regulators consider railroad revenue sufficiency in determining the reasonableness of rates, a centerpiece of the Staggers Act reforms. Deregulation started with the Railroad Revitalization and Regulatory Reform Act of That made it easier for the railroads to change rates, merge and stop running unprofitable routes.

Four years later, Congress passed the Staggers Rail Act ofwhich further eased regulations. There were good results. Railroads made rates more flexible. The Railroad Revitalization and Regulatory Reform Act ofPub.L.

94–, S.90 Stat. 31, enacted February 5,often called the "4R Act," is a United States federal law that established the basic outlines of regulatory reform in the railroad industry and provided transitional operating funds following the bankruptcy of Penn Central Transportation Company.

The Staggers Rail Act was enacted at roughly the same time as laws deregulating the interstate airline, bus, and trucking industries. 2 It was _____ 1 Public LawSection 2 The laws referenced are the Airline Deregulation Act ofthe Bus Regulatory Reform Act ofand the Motor Carrier Act of They were produced to support the deregulation of the railroad industry with the Railroad Revitalization and Regulatory Reform Act ofoften called the "4R Act," and the Staggers Rail Act ofduring the tenure of the Association of American Railroads' president William H.

Dempsey (). Railroad deregulation under the Staggers Act of generated rate reductions, service enhancements, and other improvements in economic welfare. These benefits appear to be widely shared. There is a low likelihood that some captive shippers pay rates that exceed the rates they would have paid under regulation, some evidence that some captive shippers have paid rates that regulators would.

Over the last quarter of a century, Congress has sharply curtailed regulation of transportation, starting with the Railroad Revitalization and Regulatory Reform Act of (the 4-R Act), the Motor Carrier Act ofthe Household Goods Act ofthe Staggers Rail Act ofthe Bus Regulatory Reform Act ofthe Surface Freight.

Regulatory Reform Act (the 4-R Act) ofwhich allowed railroads to set rates in regions where competition existed. Following this phase of centralization and consolidation came a time of great regulatory reform, capped by the Staggers Rail Act inconsidered the major turning point in the history of U.S.

railroad regulation. Rail-Railroad Revitalization and Regulatory Reform Act -Staggers Rail Act Air: Airline Deregulation Act Motor-Motor Carrier Act Negotiated Rates Act Trucking Industry Regulatory Reform Act -FAA Reauthorization Act Water-Ocean Shipping Reform Act -Maritime Security Act Ocean Shipping Reform Act Pub.

97–, §1, Sept. 20,96 Stat.provided: "That this Act [see Tables for classification] may be cited as the 'Bus Regulatory Reform Act of '." Short Title of Amendments Pub.

96–, §1, Oct. 15,94 Stat.provided: "That this Act [see Tables for classification] may be cited as the 'Household. A result of the law was that the number of new firms has increased dramatically, especially low-cost, non-union carriers.

By the number of licensed carriers exceeded forty thousand, more than double the number in Combined with the Staggers Act (), intermodal freight transport surged, expanding 70 percent between and The Staggers Act was passed to support the increasing demand for deregulation from both railroads and shippers.

It was needed because the Railroad Revitalization and Regulatory Reform Act ofan initial attempt to limit the ICC's authority over rail, had few results. The act resulted in the following: Rail carriers could establish their.

Created under the ICC Termination Act of to take on the remaining economic regulatory responsibilities of the ICC left over from the Staggers Rail Act of that partially deregulated the railroads, the STB has through most of its history been a conservative regulatory agency—conservative in that it judiciously exercised its authority.

Further back in time, NTU worked for passage of the Staggers Rail Act ofthe Motor Carrier Act ofand the Bus Regulatory Reform Act of Based upon the witness list that was released last month, today’s hearing will likely be heavily focused upon the multi-modal issues of freight transportation on railroads as well as highways.

We played a leading role in securing passage of the Motor Carrier Act ofthe Staggers Rail Act ofthe Negotiated Rates Act ofthe Trucking Industry Regulatory Reform Act ofand the federal law preempting state regulation of intrastate motor carriers. Regulatory reform included the 4-R Act of (the Railroad Revitalization and Regulatory Reform Act) and the Staggers Rail Act of The 4-R Act gave railroads more pricing flexibility and easier abandonment proceedings, but as MacDonald [a] and Friedlaender and Spady [I note, the ICC interpreted provisions in a way that limited.

History of Transportation Regulation – deregulation o Motor Carrier Act o Staggers (Rail) Act o Interstate Commerce Commission (ICC) abolished o Ocean Shipping & Reform Act History of Transportation Regulation Present – focus on technology, safety, and security o Patriot Act o Jones Act by passing the Railroad Revitalization and Regulatory Reform (the 4-R) Act of and the Staggers Rail Act ofsubstituting competitive market forces for regulatory decree.

The 4-R Act introduced limited rate-making freedom to the industry and made it easier for railroads to receive authority to abandon unprofitable lines. The ICC Termination Act of The STB is the successor agency to the Interstate Commerce Commission (ICC).

Effective January 1,the ICC was abolished pursuant to the ICC Termination Act of (ICCTA). Under ICCTA, many of the ICC’s functions—particularly regarding economic regulation of the freight rail industry—were transferred to the newly established STB.The Railroad Revitalization and Regulatory Reform Act ofPub.L.

94–, S.90 Stat. 31, enacted February 5,often called the "4R Act," is a United States federal law that established the basic outlines of regulatory reform in the railroad industry and provided transitional operating funds following the bankruptcy of Penn Central Transportation Company.

[1].Subsequently, a number of deregulation (or regulatory reform) acts were passed, including the Railroad Revitalization and Regulatory Reform Act ofthe Staggers Rail Act ofthe Motor Carrier Act ofand the Bus Regulatory Reform Act of