SCM 373 Lecture Notes - Lecture 4: Staggers Rail Act, Freight Forwarder, Dangerous Goods

• School: MSU
• Department: Supply Chain Management
• Course: SCM 373
• Professor: Schwieterman

Document Summary

Freight forwarder: government desires a stable and efficient transportation environment to support economic growth, public is concerned with transportation accessibility, expense, and standards for security, safety and the environment. I(cid:374) (cid:1005)8(cid:1004)(cid:1004)"s, rise of stea(cid:373)ships a(cid:374)d railroads (cid:272)reated i(cid:373)(cid:373)e(cid:374)se (cid:449)ealth a(cid:374)d (cid:373)o(cid:374)opolies (cid:894)e. g. co(cid:373)(cid:373)odore va(cid:374)der(cid:271)ilt a(cid:374)d the railroad (cid:862)(cid:271)aro(cid:374)s(cid:863) (cid:895) Interstate commerce commission (icc) created in 1887 to oversee regulation of interstate transportation. To stop the railroad monopolies: by 1970, icc had oversight on 100% of rail and air, 80% of pipeline, 43% of trucking and 6% of water carrier operations. Transportation infrastructure-deregulation history: motor carrier act of 1980 deregulated the motor carrier industries. Entry restrictions for new businesses were relaxed. Restrictions for types of freight and range of services were abolished. Tru(cid:272)ki(cid:374)g i(cid:374)dustry"s (cid:272)olle(cid:272)ti(cid:448)e rate-making practices were abolished. Individual carriers were given the right to price their services. Staggers rail act of 1980 deregulated the rail industry. Provide railroad management with freedom necessary to revitalize the industry.