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The new Amtrak regime
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<p>[quote user="PJS1"]Could you cite the reference to the Supreme Court decision?[/quote]</p> <p>I found it again: <a href="https://www.everycrsreport.com/reports/R42512.html">https://www.everycrsreport.com/reports/R42512.html</a></p> <p>You find it under <strong><span style="font-family:arial, helvetica, sans-serif;font-size:12pt;">Abandonments, Discontinuances, Profitability: Does It Provide a Basis for Passenger Access to Freight Tracks? </span></strong><span style="font-family:arial, helvetica, sans-serif;font-size:12pt;">in the 6th passage.</span></p> <p>It is more complicated than I remember, sorry for being wrong.</p> <p>But there is the following sentence in the same section, two passages down: <em>The 1958 and 1964 Supreme Court cases suggest that where passenger service is deemed vital, a profitable railroad could in some circumstances be required to provide such service even at a loss.</em></p> <p>That made abandonment quite unpredictable I think.</p> <p>Supreme Court Rulings were based on a different set of laws after 1970. Since 1970 there was the Amtrak-Law: <a href="http://ctr.trains.com/~/media/files/pdf/amtrak_law.pdf">http://ctr.trains.com/~/media/files/pdf/amtrak_law.pdf</a></p> <p>In Section 306 the "Applicability of the Interstate Commerce Act and other Laws" is defined. If I understand correctly Amtrak was exempted from ICC abondonment regulations.</p> <p>The same law required that railroads not participating in Amtrak would have to provide passenger service until January 1st, 1975 and than go throught ICC procedures for abondonment.</p> <p>In 1970 passenger rail still had losses of $449.5 million. Getting out of passenger transportion immediately saved the railroads about $1.9 billion dollars. <br />Regards, Volker</p>
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