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- Title
REORGANIZATION OF THE RAILROAD RATE STRUCTURE.
- Authors
Locklin, D. Philip
- Abstract
The rate structures of the country have grown up on a regional basis with somewhat different class-rate structures in each of the five major rate territories, known as Eastern or Official Territory, Southern Territory, Western Trunk-Line Territory, Southwestern Territory, and Mountain-Pacific Territory. Three major freight classifications exist: namely, the Official classification applicable in Eastern Territory; Southern Classification, applicable in Southern Territory; and Western Classification, applicable in the rest of the country. Each of these classifications, besides governing class rates within its own territory, has important international application. The number of "classes" of freight recognized and the method of designating classes differ in the three classifications; and the relationships of the rates on the various classes to the first-class rates differ to some extent in the several rate territories. The lack of uniformity in the classification ratings is due largely to the fact that classification is not a matter of formulas.
- Subjects
UNITED States; RAIL freight rates; GOVERNMENT ownership of railroads; RAILROADS; TRANSPORTATION; FREIGHT classification; PUBLIC utility rates
- Publication
American Economic Review, 1946, Vol 36, Issue 2, p466
- ISSN
0002-8282
- Publication type
Article