Word: icc
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Dates: during 1950-1959
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...RAIL TRAVEL by 1970 is predicted by ICC Examiner Howard Hosmer, head of commission's investigation into rail passenger problems. He says that if passenger drop continues as expected, all Pullman service will be out by 1965, all coach service by 1970, and commuter trains will go later...
RAIL-FARE BOOSTS of 15% for first class and 5% for coach are planned by Pennsylvania and New York Central lines on Nov. 1, when automatic 7? hourly wage increases take effect. If ICC approves, this would be third general fare raise in less than two years...
...Interstate and Foreign Commerce Committee to find a solution to commuter woes, urged "that the Federal Government not preside over the liquidation of vital railroad services." But rather than federal aid or higher fares, the Interstate Commerce Commission believes that more local subsidies for rails are the solution. Says ICC Chairman Howard Freas: "If an urban or interurban commuting service needs subsidizing, it should be by the communities served and not by freight shippers throughout the country...
TROUBLED RAILROADS in East will get $60 million windfall in back mail pay, plus $32 million per year hike in rates. ICC approved 30% boost retroactive to last November, other increases retroactive...
...House passed (348-2) and sent to the Senate a bill to give sick railroaders another couple of pep pills by 1) providing Federal Government guarantees for private loans to rail companies for maintenance and improvement, and 2) letting the ICC, rather than state boards, pass on discontinuance of money-losing services, such as commuter trains that run nearly empty...