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
... revenues were necessary , according to their statement . Why must , then , the overwhelming increase , or the increase , on one essential commodity and the burden of improving the financial ( 1 ) health of a railroad be placed on one ...
... revenues were necessary , according to their statement . Why must , then , the overwhelming increase , or the increase , on one essential commodity and the burden of improving the financial ( 1 ) health of a railroad be placed on one ...
Page 3
... revenues to rebuild its track and to buy sufficient equipment . Coal is the most important commodity for the L. & N ... revenue , which says something about how much contribution coal is making , as opposed to other commodities , to the ...
... revenues to rebuild its track and to buy sufficient equipment . Coal is the most important commodity for the L. & N ... revenue , which says something about how much contribution coal is making , as opposed to other commodities , to the ...
Page 4
... revenues to pay for transportation costs . I think it is important to note that this railroad has had some problems ; it did have a loss last year ; and it needs to spend something like $ 427 million over the next few years to upgrade ...
... revenues to pay for transportation costs . I think it is important to note that this railroad has had some problems ; it did have a loss last year ; and it needs to spend something like $ 427 million over the next few years to upgrade ...
Page 5
... revenues with regard to operating costs of a railroad and long - term capital investments ? Mr. O'NEAL . Well , the- Senator EXON . I mean , is it both ? What is your approach ? I recognize , of course , that the revenues of a railroad ...
... revenues with regard to operating costs of a railroad and long - term capital investments ? Mr. O'NEAL . Well , the- Senator EXON . I mean , is it both ? What is your approach ? I recognize , of course , that the revenues of a railroad ...
Page 6
... revenues originated on the road with regard to coal and other commodities . Now could you give us some figures on what the change was 8 years ago ? Was it half coal and half other commodities ? What were the ratios ? Mr. O'NEAL . Well ...
... revenues originated on the road with regard to coal and other commodities . Now could you give us some figures on what the change was 8 years ago ? Was it half coal and half other commodities ? What were the ratios ? Mr. O'NEAL . Well ...
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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
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.