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Regulation / Deregulation and more transportation

Regulation / Deregulation and more transportation. Dan Nguyen Yeah, I did more than 5. The ICC was established under what?. Elkins Act Reed-Bulwinkle Act Act to Regulate Commerce Mann-Elkins Act. The ICC was established under what?. Elkins Act - Prohibited Rebates and filed rate doctrine

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Regulation / Deregulation and more transportation

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  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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