Encyclopedia > Transportation Act

Article Content

Transportation Act

The Transportation Act of 1958 (PL 85-625) attempted to reinvigorate the commercial railroads of the United States by granting the Interstate Commerce Commission money to loan to railroads and power to fix prices. Despite this, railroads were still having a difficult time remaining profitable, and asked to shed services, particularly passenger rail services.

See: Rail Passenger Service Act of 1970

All Wikipedia text is available under the terms of the GNU Free Documentation License

Search Encyclopedia

Search over one million articles, find something about almost anything!

Featured Article

Westhampton Beach, New York

... age 18 and over, there are 92.2 males. The median income for a household in the village is $58,438, and the median income for a family is $74,412. Males have a median ...