The governmental commision charged with making and enforcing regulations concerning interstate commerce.
Reacting to the U.S. Supreme Court's ruling in Wabash Railroad Illinois, Congress established the ICC to curb abuses in the railroad industry by regulating rates.
An independent regulatory agency that implements federal economic regulations controlling railroads, motor carriers, pipelines, domestic water carriers, domestic surface freight forwarders, and brokers.
(ICC) The agency of the federal government that carried out the provisions of the Interstate Commerce Act and other federal laws regulating interstate transportation.
now-defunct (1995) independent federal agency, created in 1887, that regulated the economics and services of companies and carriers that engaged in transportation between states, such as railroads, truckers, bus lines, pipelines, freight forwarders, water carriers, and others; with deregulation and the transfer of its functions to other agencies such as the Department of Transportation, the commission was folded. First regulatory agency in U.S. history.
From 1887 to 1996, was the dominant governmental player in economic regulation, regulating rates and granting operating authority to carriers.
a former independent federal agency that supervised and set rates for carriers that transported goods and people between states; was terminated in 1995; "the ICC was established in 1887 as the first federal agency"
The federal body charged with enforcing acts of Congress affecting common carriers in interstate commerce. Directly responsible to Congress.
The federal agency governing the interstate transportation industry, including movers of household goods.
independent regulatory agency, which reports to the President. The ICC was created in 1887, and it regulates surface transportation that occurs across state lines. This includes trains, trucks, buses, water carriers, certain pipelines, and other forms of transportation. Among its functions are certifying carriers, regulates their rates and helping ensure that they provide efficient and sufficient service.
The previous regulatory body established by Congress to administer the Interstate Commerce Act and acts amendatory thereof. The ICC was terminated in December of 1995.
A federal agency that regulates all transportation in interstate commerce.
When the Supreme Court ruled in the Wabash case that a state's power to regulate railroads was limited, Congress passed the Interstate Commerce Act (1887) creating the ICC, America's first regulatory agency. Originally, it had little real authority.
The Interstate Commerce Commission (or ICC) was a regulatory body in the United States created by the Interstate Commerce Act of 1887, which was signed into law by President Grover Cleveland. The agency was abolished in 1995, and the agency's remaining functions were transferred to the Surface Transportation Board.