regulation / deregulation and more transportation
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Regulation / Deregulation and more transportation. Dan Nguyen Yeah, I did more than 5. The ICC was established under what?. Elkins Act Reed-Bulwinkle Act Act to Regulate Commerce Mann-Elkins Act. The ICC was established under what?. Elkins Act - Prohibited Rebates and filed rate doctrine - PowerPoint PPT PresentationTRANSCRIPT
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Regulation / Deregulation and
more transportation-Dan Nguyen
-Yeah, I did more than 5.
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The ICC was established under what?A. Elkins ActB. Reed-Bulwinkle ActC. Act to Regulate CommerceD. Mann-Elkins Act
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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.)
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What powers could the ICC enforce? A. LegislativeB. JudicialC. ExecutiveD. All of the above
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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.
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What replaced the ICC at the end of 1995?A. STBB. FMCC. CABD. DOT
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What replaced the ICC at the end of 1995?A. STBB. FMCC. CABD. DOTE. FERC
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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
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The Rail Passenger Act established _____ and Regional Rail Reorganization Act established _______
A. Amtrak / ConrailB. Conrail / AmtrackC. I still don’t know the
difference?
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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.
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Freight Forwarders are regulated and liable for freight damage?
TrueFalse
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Freight Forwarders are regulated and liable for freight damage?
TrueFalse
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Brokers are not carriers and not liable for freight damage? True False
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Pipe costs to the shipper are?A. High B. Low
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Pipe costs to the shipper are?A. High B. Low
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Pipe Reliability and Capability? High / HighLow / LowLow / HighHigh / Low
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Pipe Reliability and Capability? High / HighLow / LowLow / HighHigh / Low
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Pipes main competition?
A. WaterB. RailC. AirD. Motor
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Pipes main competition?
A. WaterB. RailC. AirD. Motor
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Water’s cost to shipper and speed?A. High / FastB. Low / SlowC. Low / FastD. These are all wrong and
stop asking me questions!
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Water’s cost to shipper and speed?A. High / FastB. Low / SlowC. Low / FastD. These are all wrong and
stop asking me questions!
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Water’s Reliability and Capability?A. Low /LowB. High / HighC. Low / HighD. You’re still asking questions
fool!
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Water’s Reliability and Capability?A. Low /LowB. High / HighC. Low / High- Weather is unpredictable D. You’re still asking questions
fool!
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Main Competition Faced by Water?A. Pipe and RailB. Motor and RailC. Air and MotorD. Is he ever going to make a D
choice?
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Main Competition Faced by Water?A. Pipe and RailB. Motor and RailC. Air and MotorD. Is he ever going to make a D
choice?
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Rails cost to the shipper and speed?A. Low / SlowB. High / FastC. Low / FastD. Probably not…
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Rails cost to the shipper and speed?A. Low / SlowB. High / FastC. Low / FastD. Probably not…
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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.
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Motors cost to the shipper and speed?A. Low / SlowB. High / SlowC. High / FastD. All of the above.
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Motors cost to the shipper and speed?A. Low / SlowB. High / SlowC. High / FastD. All of the above.
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Motors reputation for reliability, capability, accessibility, and security are
all very low. TrueFalseBoth
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Motors reputation for reliability, capability, accessibility, and security are
all very low. TrueFalseBoth
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Main competition for motor is all modes except pipe?True False
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Main competition for motor is all modes except pipe?True False - Pipe and Water don’t
really compete with Motor.
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Finally, Airs cost, speed, reliability, capability, security are?Very HighVery Low Why would Dan ask such an
easy question?
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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 >>>>>>>>>>>>>>>>>>>>>
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Who competes with Air and what value products do the move? A. Water / LowB. Motor / HighC. Motor / LowD. Pipe! And uh…
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Who competes with Air and what value products do the move? A. Water / LowB. Motor / HighC. Motor / LowD. Pipe! And uh…