Reports to Congress

The Impact of the 4-R Act Railroad Ratemaking Provisions

  • 05
  • Oct
  • 1977
SUBJECT: Evaluation
KEYWORDS: Rate Regulations, Railroad Revitalization and Regulatory Reform Act of 1976, RRRR, Cost Analysis
ABSTRACT: On February 5, 1976, Congress enacted Public Law 94-210, the Railroad Revitalization and Regulatory Reform Act of 1976 (4-R Act). Among the more important objectives of this Act were the implementation of the USRA Final System Plan, the continuation of local rail service, the Northeast Corridor Project, railroad mergers and consolidations, rehabilitation and improvement financing, and ICC reform and revision of rail ratemaking. It is this last purpose of the Act, specifically section 202, to which this study is directed. Section 202(g) directs the Interstate Commerce Commission and the Secretary of Transportation separately to study the changes in rate regulations made by section 202 on the development of an efficient and financially stable railway system in the United States. The studies are to include an analyses of the effects on shippers and carriers in all modes of transportation and proposals for further regulatory and legislative changes, if necessary. This report represents the Commission's response to that directive.
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