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6083073
TRANSPORTATION REGULATION & PUBLIC POLICY.
Description
Transport
No tags specified
logistica
transporte
supply chain
Mind Map by
Memo Gtz
, updated more than 1 year ago
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Created by
Memo Gtz
almost 8 years ago
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Resource summary
TRANSPORTATION REGULATION & PUBLIC POLICY.
Regulation of Transportation.
Nature of Regulation
Pure competition
Free market
Imperfections in the market place.
Provide government controls
Maintaining & enforcement competition
Substitute economic regulation for competition
Assume ownership and direct control
Common Law
Relies on the judicial precedent
Independent Regulatory Commisions
ICC. Interstate Commerce Commission.
Regulate the US railroad industry
NOW: Surface Transportation Board
Civil Aeronautics Board (CAB)
Federal Maritime Commission
Federal Energy Regulatory Commission (FERC)
Courts
Make de final ruling on the constitutionality of regulatory statutes and the interpretation of the regulation.
Safety Regulation
Control operations personnel qualifications, vehicles, equipment hours of service for vehicles operators.
FAA. Federal Aviation Adm.
FMCSA. Federal Motor Carrier Safety Administration
NHTSA. National Highway Traffic Safety Administration
FRA. Federal Railroad Adm
State Regulations
To protect the health and welfare of the citizens
Development of Regulation
1.- Determine if a firm can enter an industry.
2.- Determine which market can served in that indusry
3.- Determine the prices that firms can charge customers in the market
Antitrust Laws in Transportation
Sherman Antitrust Act.
Sect 1. Trusts in restraint of trade illegal.
Sect 2. Monopolizing trade a felony; penalty
FEDERAL TRADE COMMISSION FTC
Agency in antitrust situations.
Transportation services violations
Per se Violation
Economic harm done to competitors.
Rule of Reason
Harm cause the activities can be undertaken by firms w/no antitrust implications.
Need for Policy
Determine the amount of national resources dedicated to transportation & the quality of service.
Responsibility of:
Ensure the safety of travelers
Protect the public from the abuse of monopoly power.
Promote fair competition
Declaration of National Transportation Policy
Provide direction to STB in managering transportation regulation
Railroads
Motor carriers
pipelines.
Policy Setters
Executive branch.
Congressional Committees
Regulatory Agencies
Judicial System
Industry Associations
Public Planning Analysis
Air
(FFA) air traffic control system.
Motor & Highway
Highway Development
Rail
Regional Railroad Reogarnization
Consolidate Rail Corporation (Conrail)
Federal Railroad Administration
Domestic water
Army Corps of Engineers
US Cost Guard
International water.
Maritime Administration
Pipeline
No public financial support.
Compare the initial costs to the financial, environmental and social benefits
Transportation Promotion in Perspective
Nationalization
Extreme form of public assitance or provision of transportation.
User Charges
To pay for some or all services used by the carrier or mode.
Existence charge.
Unit charge
Relative charge
Transportation Safety
Economic Deregulation
Safety regulation
Federal Safety Regulations
Transportation operations: labor qualifications, operating procedures, equipment specifications
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