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In 2005 W. C. Vantuono reported that twenty-five years after it was passed, the Staggers Rail Act was doing exactly what it was supposed to do: help move the railroads toward revenue adequacy.
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∙ 13y ago
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When was the Staggers Rail and Motor Act passed?
Staggers Rail Act and the Motor Carrier Act of 1980
What effect did the Staggers Rail and Motor Carrier Act of 1980 have on the rail industry?
Public demand for a better rail system caused Congress to take action and pass the Staggers Rail Act, which has resulted in rail profits and improved service.
What was the state of the rail system in the US prior to the Staggers Rail and Motor Carrier Act of 1980?
Prior to the Staggers Rail Act and the Motor Carrier Act of 1980, the railroad industry was suffering. Many railroads had financial problems, and the conditions of rail facilities had deteriorated.
What is the basic principle of the Staggers Rail Act?
"The basic principle of the Staggers Rail Act was simple: Railroads should be permitted to act much as other businesses in managing their assets and pricing their services" (Association of American Railroads, 2003).
How have the railroads been able to increase their profitability since the Staggers Rail Act was passed?
Railroads have been able to increase their profitability since passage of Staggers in the face of strong competition from trucks and declining rates only through increased productivity.
What is the most significant change in the US rail policy since the Interstate Commerce Act?
the Staggers Rail Act, which has resulted in rail profits and improved service. The act marked the most significant change in rail policy since the Interstate Commerce Act of 1887.
What changes have the railroads made since the Staggers Rail Act was passed?
upgrade their systems, reinvest in productive rail infrastructure, generate higher levels of service and greater volumes of traffic, dramatically increase productivity, improve profitability from once anemic levels, and improve safety
What was the intent of Congress in passing the Staggers Rail Act?
Congress intended (1) to return the nation's railroads to financial health, (2) to replace government regulation wherever possible with the powers of competition, and (3) to continue to provide captive shippers with protection from "unreasonable" rates.
Why did Congress pass the Staggers Rail and Motor Carrier Act of 1980?
Survival of the railroad industry required a new regulatory scheme "that allowed railroads to establish their own routes, tailor their rates to market conditions, and differentiate rates on the basis of demand" (Association of American Railroads, 2003).
Why didnt the interstate commerce act immediately limit the power of the railroads?
The ICC and Railroads have always had a long and fascinating relationship. They have demanded safety appliances such as standard brake equipment and handrails. They have been the final decision maker when it comes to Railroad mergers, the Southern Pacific/ Santa Fe merger being an outstanding example. Also see: The Heburn (1906) & Staggers (1980) Rail acts. If nobody's written a book on the subject I'd be shocked.
Was the embargo act a success?
No, it wasn't.
What did the interstate act of 1887 require?
equality in shipping rates charged by rail roads
