Increased Coal Rates on the Louisville & Nashville Railroad: Hearing Before the Subcommittee on Surface Transportation of the Committee on Commerce, Science, and Transportation, Ninety-sixth Congress, First Session ... September 24, 1979 |
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Page 1
... RATES ON THE LOUISVILLE & NASHVILLE RAILROAD MONDAY , SEPTEMBER 24 , 1979 U.S. SENATE , COMMITTEE ON COMMERCE , SCIENCE , AND TRANSPORTATION , SUBCOMMITTEE ON SURFACE TRANSPORTATION , Washington , D.C. The subcommittee met at 9:35 a.m. ...
... RATES ON THE LOUISVILLE & NASHVILLE RAILROAD MONDAY , SEPTEMBER 24 , 1979 U.S. SENATE , COMMITTEE ON COMMERCE , SCIENCE , AND TRANSPORTATION , SUBCOMMITTEE ON SURFACE TRANSPORTATION , Washington , D.C. The subcommittee met at 9:35 a.m. ...
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... prices recently , I do not see any reason to change that view at this time . Senator EXON . Senator Ford . Senator FORD . Thank you , Mr. Chairman . Chairman O'Neal , when you granted the 22 - percent increase in rates ... Rail- road and not ...
... prices recently , I do not see any reason to change that view at this time . Senator EXON . Senator Ford . Senator FORD . Thank you , Mr. Chairman . Chairman O'Neal , when you granted the 22 - percent increase in rates ... Rail- road and not ...
Page 12
... rail- roads ; that is right . They do have a conglomerate operation . Senator FORD . They have a conglomerate ... cost to the L. & N. ? What I am talking about- Mr. O'NEAL . I am not sure it would have lowered the cost . Senator FORD ...
... rail- roads ; that is right . They do have a conglomerate operation . Senator FORD . They have a conglomerate ... cost to the L. & N. ? What I am talking about- Mr. O'NEAL . I am not sure it would have lowered the cost . Senator FORD ...
Page 13
... rail , roadbed , hopper cars , and so forth , over the last several years , or the last 6 years , could not we see a railroad that would go faster than 8 miles an hour ? Could we not see a railroad that had a better track , that could ...
... rail , roadbed , hopper cars , and so forth , over the last several years , or the last 6 years , could not we see a railroad that would go faster than 8 miles an hour ? Could we not see a railroad that had a better track , that could ...
Page 14
... rail- road has not covered costs and has not produced the reasonable profit that I think most people would feel the L. & N. has a right to . We are not talking about monopoly costs at this point , or monop- oly profits to the carrier at ...
... rail- road has not covered costs and has not produced the reasonable profit that I think most people would feel the L. & N. has a right to . We are not talking about monopoly costs at this point , or monop- oly profits to the carrier at ...
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Common terms and phrases
169 percent 22 percent Capital investment captive shipper carrier Chairman Class I railroads coal movements coal producers coal rates coal tariffs coal traffic COLEMAN Committee commodities CONGRESS THE LIBRARY decision delivered price Department of Energy deregulation dividends Eastern Kentucky coal effect electric utilities expenditures FEDERAL RAILROAD ADMINISTRATION freight fuel full costs GALLAMORE going hopper cars HYMSON impact important increased coal interest Interstate Commerce Commission Leased SCL LIBRARY OF CONGRESS locomotive units locomotives look Louisville & Nashville management audits ment Middlesboro million tons mines movement of coal moving Nashville Railroad National Coal Association natural gas O'NEAL oil and gas-fired oil and natural OPEC operating revenues percent of operating percent of variable plant and equipment Point Rail questions rail rates rate increases recent Seaboard Coast Line Senator EXON Senator FORD statement steam coal testimony track truck unit train variable cost
Popular passages
Page 27 - It is the opinion of the Commission that an emergency exists requiring immediate action to promote car service in the interest of the public and the commerce of the people. Accordingly, the Commission finds that notice and public procedure are impracticable and contrary to the public interest, and that good cause exists for making this order effective upon less than thirty days
Page 29 - ... that notice of this order shall be given to the general public by depositing a copy in the Office of the Secretary of the Commission at Washington, DC, and by filing it with the Director, Office of the Federal Register.
Page 29 - That notice of this order shall be given to the general public by depositing a copy thereof in the office of the Secretary of the Commission at Washington, DC, and by filing a copy with the Director, Office of the Federal Register.
Page 24 - A Study to Perform an In-Depth Analysis of Market Dominance and its Relationship to Other Provisions of the 4R Act.
Page 22 - L*N to improve Eastern Kentucky coal service. On September 28, 1978 the L&N and its connecting railroads filed requests for a 22 percent increase in rates on coal movements originating on the L&N. In its decisions served October 30, 1978, and later, the Commission allowed the rate increases to become effective and instituted an investigation into all issues relating to the lawfulness of the schedules.
Page 66 - Washington. DC DEAR MR. SECRETARY : On behalf of the Senate Committee on...
Page 24 - Chairman, that completes the summary of my statement. I will be pleased to try to answer any questions you and members of the committee may have.
Page 66 - The Subcommittee requests that you answer all questions. We would appreciate your response no later than March 13, 1987. We appreciate your cooperation. If you have any questions, please feel free to contact either Bill Corr or Bob Adler at (202) 226-7620. With every good wish, I am.
Page 27 - Railroad Company, Georgia Railroad, Seaboard Coast Line Railroad Company and Western Railway of Alabama to Deliver Locomotives to Louisville and Nashville Railroad Company.