Items related to The Traffic Library Application of Tariffs, Vol. 1

The Traffic Library Application of Tariffs, Vol. 1 - Softcover

Elvin S. Ketchum

 
9781331912859: The Traffic Library Application of Tariffs, Vol. 1

Synopsis

This book provides an in-depth analysis of principles and practices in setting railroad freight rates, particularly as they have developed in the United States since 1867. The book maintains that the primary purpose of rate-making in the past has been to maximize revenue so as to protect the carrier's investment in the railroad plant. However, other factors must also be considered, such as the commercial and traffic standpoint and the public interest. The author therefore examines four distinct theories of rate-making and discusses the pros and cons of each, offering insight into the complex task of balancing railroad revenue needs with commercial and public interests.

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