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Understanding Transportation Regulations: The Role of the ICC and Its Successors

This comprehensive overview explores the history and evolution of transportation regulation in the United States, focusing on the Interstate Commerce Commission (ICC) and its establishment under various acts, including the Elkins Act and the Reed-Bulwinkle Act. It discusses the powers of the ICC as a quasi-governmental body, its gradual deregulation phase, and its eventual replacement by the Surface Transportation Board (STB) in 1995. Additionally, it touches on freight forwarders, brokers, and the competitive landscape among transportation modes such as rail, motor, water, and air.

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Understanding Transportation Regulations: The Role of the ICC and Its Successors

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Presentation Transcript

  1. Regulation / Deregulation and more transportation Dan Nguyen Yeah, I did more than 5.

  2. The ICC was established under what? • Elkins Act • Reed-Bulwinkle Act • Act to Regulate Commerce • Mann-Elkins Act

  3. The ICC was established under what? • Elkins Act - Prohibited Rebates and filed rate doctrine • Reed-Bulwinkle Act - Antitrust Immunity • Act to Regulate Commerce - Regulated RR, Rates must be reasonable and no discrimination - Setup ICC • Mann-Elkins Act - Shipper given right to route shipment (before, ICC said what route you could taken even if it was really inefficient.)

  4. What powers could the ICC enforce? • Legislative • Judicial • Executive • All of the above

  5. What powers could the ICC enforce? • Legislative • Judicial • Executive • All of the above - ICC was considered a quasi- “abc” body. Considered 4th branch of the gov.

  6. What replaced the ICC at the end of 1995? • STB • FMC • CAB • DOT

  7. What replaced the ICC at the end of 1995? • STB • FMC • CAB • DOT • FERC

  8. I could make 5 questions out of this but just read this… • 1887-1920 - establishment of fed. Regulation and ICC • 1920-1935 - promoting transportation • 1935-1960 - expansion of reg. to motor, air, water, freight forwarders • 1976-1996 - gradual deregulation

  9. The Rail Passenger Act established _____ and Regional Rail Reorganization Act established _______ • Amtrak / Conrail • Conrail / Amtrack • I still don’t know the difference?

  10. The Rail Passenger Act established _____ and Regional Rail Reorganization Act established _______ • Amtrak / Conrail • Conrail / Amtrack • I still don’t know the difference? - You and I both know now.

  11. Freight Forwarders are regulated and liable for freight damage? • True • False

  12. Freight Forwarders are regulated and liable for freight damage? • True • False

  13. Brokers are not carriers and not liable for freight damage? • True • False

  14. Pipe costs to the shipper are? • High • Low

  15. Pipe costs to the shipper are? • High • Low

  16. Pipe Reliability and Capability? • High / High • Low / Low • Low / High • High / Low

  17. Pipe Reliability and Capability? • High / High • Low / Low • Low / High • High / Low

  18. Pipes main competition? • Water • Rail • Air • Motor

  19. Pipes main competition? • Water • Rail • Air • Motor

  20. Water’s cost to shipper and speed? • High / Fast • Low / Slow • Low / Fast • These are all wrong and stop asking me questions!

  21. Water’s cost to shipper and speed? • High / Fast • Low / Slow • Low / Fast • These are all wrong and stop asking me questions!

  22. Water’s Reliability and Capability? • Low /Low • High / High • Low / High • You’re still asking questions fool!

  23. Water’s Reliability and Capability? • Low /Low • High / High • Low / High - Weather is unpredictable D. You’re still asking questions fool!

  24. Main Competition Faced by Water? • Pipe and Rail • Motor and Rail • Air and Motor • Is he ever going to make a D choice?

  25. Main Competition Faced by Water? • Pipe and Rail • Motor and Rail • Air and Motor • Is he ever going to make a D choice?

  26. Rails cost to the shipper and speed? • Low / Slow • High / Fast • Low / Fast • Probably not…

  27. Rails cost to the shipper and speed? • Low / Slow • High / Fast • Low / Fast • Probably not…

  28. So, I probably slept through Dr. Magness’s class when he went over the main competition for rail. Who knows?Its probably motor and water.

  29. Motors cost to the shipper and speed? • Low / Slow • High / Slow • High / Fast • All of the above.

  30. Motors cost to the shipper and speed? • Low / Slow • High / Slow • High / Fast • All of the above.

  31. Motors reputation for reliability, capability, accessibility, and security are all very low. • True • False • Both

  32. Motors reputation for reliability, capability, accessibility, and security are all very low. • True • False • Both

  33. Main competition for motor is all modes except pipe? • True • False

  34. Main competition for motor is all modes except pipe? • True • False - Pipe and Water don’t really compete with Motor.

  35. Finally, Airs cost, speed, reliability, capability, security are? • Very High • Very Low • Why would Dan ask such an easy question?

  36. Finally, Airs cost, speed, reliability, capability, security are? • Very High • Very Low • Why would Dan ask such an easy question? - to get your mind running. Not playing with that beach ball yet >>>>>>>>>>>>>>>>>>>>>

  37. Who competes with Air and what value products do the move? • Water / Low • Motor / High • Motor / Low • Pipe! And uh…

  38. Who competes with Air and what value products do the move? • Water / Low • Motor / High • Motor / Low • Pipe! And uh…

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