Railroad Regulation: Shipper Experiences and Current Issues in ICC (Interstate Commerce Commission) Regulation of Rail Rates

摘要

The report provides information on the Interstate Commerce Commission's (ICC) implementation of the market dominance and rate reasonableness provisions of the Railroad Revitalization and Regulatory Reform Act of 1976 and the Staggers Rail Act of 1980. 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. The report provides information on how shippers obtain rate relief (reduced rates and/or refunds of overcharges) from ICC under the Staggers Rail Act and whether any shippers have done so.