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The ICC was established under what?A. Elkins ActB. Reed-Bulwinkle ActC. Act to Regulate CommerceD. Mann-Elkins Act
The ICC was established under what?A. Elkins Act
- Prohibited Rebates and filed rate doctrineB. Reed-Bulwinkle Act
- Antitrust Immunity C. Act to Regulate Commerce
- Regulated RR, Rates must be reasonable and no discrimination - Setup ICC
D. Mann-Elkins Act - Shipper given right to route shipment (before,
ICC said what route you could taken even if it was really inefficient.)
What powers could the ICC enforce? A. LegislativeB. JudicialC. ExecutiveD. All of the above- ICC was considered a quasi-
“abc” body. Considered 4th branch of the gov.
I could make 5 questions out of this but just read this…1887-1920 - establishment of fed.
Regulation and ICC1920-1935 - promoting
transportation 1935-1960 - expansion of reg. to
motor, air, water, freight forwarders
1976-1996 - gradual deregulation
The Rail Passenger Act established _____ and Regional Rail Reorganization Act established _______
A. Amtrak / ConrailB. Conrail / AmtrackC. I still don’t know the
difference?
The Rail Passenger Act established _____ and Regional Rail Reorganization Act established _______
A. Amtrak / ConrailB. Conrail / AmtrackC. I still don’t know the
difference? - You and I both know now.
Water’s cost to shipper and speed?A. High / FastB. Low / SlowC. Low / FastD. These are all wrong and
stop asking me questions!
Water’s cost to shipper and speed?A. High / FastB. Low / SlowC. Low / FastD. These are all wrong and
stop asking me questions!
Water’s Reliability and Capability?A. Low /LowB. High / HighC. Low / HighD. You’re still asking questions
fool!
Water’s Reliability and Capability?A. Low /LowB. High / HighC. Low / High- Weather is unpredictable D. You’re still asking questions
fool!
Main Competition Faced by Water?A. Pipe and RailB. Motor and RailC. Air and MotorD. Is he ever going to make a D
choice?
Main Competition Faced by Water?A. Pipe and RailB. Motor and RailC. Air and MotorD. Is he ever going to make a D
choice?
So, I probably slept through Dr. Magness’s class when he went over the main competition for rail. Who knows?
Its probably motor and water.
Motors reputation for reliability, capability, accessibility, and security are
all very low. TrueFalseBoth
Motors reputation for reliability, capability, accessibility, and security are
all very low. TrueFalseBoth
Main competition for motor is all modes except pipe?True False - Pipe and Water don’t
really compete with Motor.
Finally, Airs cost, speed, reliability, capability, security are?Very HighVery Low Why would Dan ask such an
easy question?
Finally, Airs cost, speed, reliability, capability, security are?Very HighVery Low Why would Dan ask such an
easy question? - to get your mind running. Not
playing with that beach ball yet >>>>>>>>>>>>>>>>>>>>>
Who competes with Air and what value products do the move? A. Water / LowB. Motor / HighC. Motor / LowD. Pipe! And uh…