Synopsis
Explore how the law shapes railroad rates and how maximum charges are determined for fairness and public service.
This edition discusses the extended authority of the Interstate Commerce Commission, the tests for reasonableness, and the balance between fair value, costs, and returns. It explains what counts as excessive rates and how “maximum rates” can be set to protect the public while allowing carriers to earn a reasonable return.
- How complaints become the basis for fixing lawful maximum rates.
- The two standards of reasonableness: rates excessive in themselves and undue burdens on specific services.
- Key concepts like fair value of railway property, operating expenses, taxes, and fair return.
- Considerations in adjusting rates for particular services or regions without harming public access.
"synopsis" may belong to another edition of this title.
Other Popular Editions of the Same Title
Search results for Reasonable Maximum Rates (Classic Reprint)
Seller Image
Reasonable Maximum Rates (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
Seller rating 4 out of 5 stars
Paperback. Condition: New. Print on Demand. This book provides a framework to assess the fairness of railway rates under the benchmark set by the 1887 Cullom Act. The author, an established expert in railway economics, elucidates the distinction between a rate that is intrinsically excessive and one that is unfair because it favors some shippers over others. The author then presents a range of factors that the judiciary and the Interstate Commerce Commission should consider when assessing the reasonableness of railway rates, which include the operating expenses, the valuation of the assets, and a fair return on investment. The book presents a comprehensive analysis of the subject, using examples from legal cases to illustrate how these factors have been applied in practice. It will prove a useful reference for experts, policymakers, and anyone else seeking to understand the legal and economic principles underlying the regulation of railway rates. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781332709953_0
Buy New
US$ 17.22
Free Shipping
Ships from United Kingdom to U.S.A.
Ships from United Kingdom to U.S.A.
Quantity: Over 20 available
Stock Image
Reasonable Maximum Rates Classic Reprint
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
Seller rating 5 out of 5 stars
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332709953
Stock Image
Reasonable Maximum Rates Classic Reprint
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
Seller rating 5 out of 5 stars
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332709953
Buy New
US$ 27.49
US$ 4.34 shipping
Ships from United Kingdom to U.S.A.
Ships from United Kingdom to U.S.A.
Quantity: 15 available