Word: icc
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...everyone wants mergers. Competing managements resist them. The unions, fearing a wholesale loss of jobs, are dead set against them. Their objections have deeply influenced policies of the ICC and the Civil Aeronautics Board, which tend to approve mergers only if one of the partners is headed for bankruptcy. Just how vigorous the quarrel between unions and railroad management can be was shown last week, when the railroads proposed to lay off 40,000 firemen who, they say, are unnecessary aboard diesel locomotives. The five railroad brotherhoods countered by threatening to call a paralyzing nationwide strike. At week...
...arrogant monopoly over the nation's transport. Recognizing this, the President's program would help the hard-pressed railroads most of all, and do some damage to their less heavily regulated competitors-notably the barge lines and truckers. Kennedy's key proposals: FREIGHT RATES. The ICC could no longer set minimum rates, only maximum rates. At present, the commission firmly fixes all railroad freight rates, while allowing truckers to set their own rates for farm goods and permitting barge operators to charge what they want for bulk commodities such as grain, ore, oil and coal...
Because Greyhound had a virtual monopoly of existing long-haul interstate routes and the ICC was unwilling to franchise new ones, Moore was obliged to build up his system by buying small local bus lines in a careful pattern that linked them into new long-haul routes. Octopus-like, Continental stretched its tentacles across the Southeast and into the Midwest; by 1953 the company had its first transcontinental route (it now operates five). At that point Moore found that his fledgling system lacked the equipment to capitalize on the bus industry's greatest potential asset: the growing U.S. network...
Time For Self-Help. In Washington the betting is that the ICC will be favorably inclined toward the merger. Whether Justice Department trustbusters will agree is an open question, but given continuing truck competition and the fact that two other giant Eastern rail networks are in prospect, few railroadmen can see how a Pennsy-Central merger would create a danger of monopoly. Said one Washington railroad expert: "The Northeastern railroads are on the skids. If the Government can't or won't give them any relief, then at least they should be allowed to do something for themselves...
...legend: "Seating aboard this vehicle is without regard to race, color, creed or national origin." The signs will be displayed by order of the Interstate Commerce Commission, which, six years after declaring that segregated seating on interstate buses is illegal, finally decided to do something to stop it. The ICC issued orders to licensed common carriers barring them from maintaining such seating or using terminals where facilities are still segregated. Violations will bring a fine...