Master's Theses

Document Type

Thesis - campus only access

Date of Award

Summer 1967

Degree Name

Master of Science (MS)

Department

Economics, Finance, & Accounting

Advisor

Dr. Milburn Little

Abstract

Presented in this thesis is a historical development of federal regulations pertaining to the transportation industry. The study covers the extent of federal regulation of the transportation industry. The major court cases that were pertinent to the transportation industry were cited and it was found that the Interstate Commerce Commission’s control over every phase of rail transport gave it a large managerial power. The fact that its control over the other agencies is much less complete was because of technological conditions. Had it not been for these conditions, it is reasonable to assume that all regulations of transport would have been as extensive as that of railways. It was found that new legislation is required as new situations develop. Where provisions have proved unwise or unworkable or because of changed conditions, Congress has not hesitated to amend or even to eliminate such provisions. There is evidence to support the proposition that private initiative can achieve results; railroads managements’ proposal was in larger measure responsible for the Transportation Act of 1958.

Comments

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Rights

© 1967 Cleautus W. Doyel

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