The Staggers Act Research Paper Example | Topics and Well Written Essays - 1250 words

The Staggers exertion - Research newspaper publisher ExampleThe Staggers Act was a Federal ruling that removed restrictions from the American railway line industry. The briny aim of the Act was to restore the highly-controlled structure of the US rail transportation system that operated since the enactment of the interstate highway Commerce Act (87) (Eakin, et al, 2010). The regulation forced private railroad businesses with the adoption of price control and takings the emerging competition in the industry. This meant that the private heartys would adjust their operations to other non-profitable routes in order to set up their survival in the industry. The provisions of the Staggers Act entailed the requirements that rail transporters could inflict any given present for services. The provision was applicable in situations where the carriers did not experience competition from other sectors. Another stipulation was the remotion of the industry-wide rate regulation to facilitate an all-inclusive business environment (Gallamore & Meyer, 2014). The other change was that one railroad would be free to provide access to the others in case of a single railroad in order to avoid rail congestion.The intent of the Act was to ensure that the railway transportation flourished despite the ingress of new players in the industry. It is evident that airlines and automobiles provided alternative transport systems to the passengers. As a result, the private railroad firm started to adjust charges in order to fight the emerging competition within the industry (Feldstein, 1994).The Staggers Acts aim was to protect the public railroad by ensuring that charges favored all players across the industry. It is in addition prudent that the existence of the Interstate Commerce Commission (ICC) ensured that all transport corporations observed the new command imposed on them. This was a noble step towards restoring normalcy