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 3
... reasonable ; it does cover total cost , and it does represent what looks to be a reasonable profit . I think it is worthwhile to point out at this point that several other commodities move at similar ratios , and other recent coal ...
... reasonable ; it does cover total cost , and it does represent what looks to be a reasonable profit . I think it is worthwhile to point out at this point that several other commodities move at similar ratios , and other recent coal ...
Page 6
... reasonable profit . Now in some of the coal cases , particularly in the West , we have gone beyond that . We have added another factor for differential pricing in order to support the entire railroad . That was not a factor in the L ...
... reasonable profit . Now in some of the coal cases , particularly in the West , we have gone beyond that . We have added another factor for differential pricing in order to support the entire railroad . That was not a factor in the L ...
Page 10
... reasonable profit , they have got to be above 145 percent . And after this rate increase , they could go to about 169 percent on coal , and we just cannot find that that is unreasonable . Now if the carrier starts proposing rate ...
... reasonable profit , they have got to be above 145 percent . And after this rate increase , they could go to about 169 percent on coal , and we just cannot find that that is unreasonable . Now if the carrier starts proposing rate ...
Page 14
... 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 this point , and that is something that we are very ...
... 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 this point , and that is something that we are very ...
Page 15
... reasonable profit ; that is right . Senator FORD . 169 percent . Mr. O'NEAL . Right . But we are not requiring other commodities to all meet full costs . Senator FORD . Well , now , Mr. Chairman , you are making state- ments for the ...
... reasonable profit ; that is right . Senator FORD . 169 percent . Mr. O'NEAL . Right . But we are not requiring other commodities to all meet full costs . Senator FORD . Well , now , Mr. Chairman , you are making state- ments for the ...
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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
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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.