Regulatory Reform--intermodal: Hearings Before the Subcommittee on Merchant Marine of the Committee on Merchant Marine and Fisheries, House of Representatives, Ninety-fourth Congress, Second Session, on Regulatory Reform, H.R. 10841 ... June 16, 1976, Intermodal, H.R. 1080 ... September 15, 1976

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Page 30 - Second. Use a fighting ship either separately or in conjunction with any other carrier, through agreement or otherwise. The term " fighting ship " in this Act means a vessel used in a particular trade by a carrier or group of carriers for the purpose of excluding, preventing, or reducing competition by driving another carrier out of said trade.
Page 55 - I express appreciation to you, Mr. Chairman, and to the members of the committee, for this opportunity which you have given to me to appear before you this morning.
Page 196 - Authority appears before such regulatory bodies as the Interstate Commerce Commission, the Civil Aeronautics Board and the Federal Maritime Board in the interest of the welfare of the unified Port Area.
Page 184 - The Commission shall disapprove any rate or charge filed by a common carrier by water in the foreign commerce of the United States or conference of carriers which, after hearing, it finds to be so unreasonably high or low as to be detrimental to the commerce of the United States.
Page 176 - To terminate existing agreements would necessarily bring about one of two results : the lines would either engage in rate wars which would mean the elimination of the weak and the survival of the strong, or, to avoid a costly struggle, they would consolidate through common ownership. Neither result can be prevented by legislation, and either would mean a monopoly fully as effective, and it is believed more so, than can exist by virtue of an agreement.
Page 31 - To make or give any undue or unreasonable preference or advantage to any particular person, locality, or description of traffic in any respect whatsoever, or to subject any particular person, locality, or description of traffic to any undue or unreasonable prejudice or disadvantage in any respect whatsoever.
Page 77 - Rates of a carrier shall not be held up to a particular level to protect the traffic of any other mode of transportation, giving due consideration to the objectives of the national transportation policy declared in this Act.
Page 77 - Such revenue levels should (a) provide a flow of net income plus depreciation adequate to support prudent capital outlays, assure the repayment of a reasonable level of debt, permit the raising of needed equity capital, and cover the effects of inflation and (b) insure retention and attraction of capital in amounts adequate to provide a sound transportation system in the United States.
Page 176 - These advantages, the committee believes, can be secured only by permitting the several lines in any given trade to cooperate through some form, of rate and pooling arrangement under Government supervision and control.
Page 85 - Parte 261 (Sub-No. 1), In the Matter of Tariffs Containing Joint Rates and Through Routes - Freight Forwarders and NonVessel Operating Common Carriers.

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