Freight Forwarder Acquisitions. Hearing ... 88-1 ... March 12, 1963

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Page 29 - Provided: That if a carrier by railroad subject to this part, or any person which is controlled by such a carrier, or affiliated therewith within the meaning of paragraph (6) , is an applicant in the case of any such proposed transaction involving a motor carrier, the Commission shall not enter such an order unless it finds that the transaction proposed will be consistent with the public interest and will enable such carrier to use service by motor vehicle to public advantage in its operations and...
Page 41 - No such permit shall be issued to any common carrier subject to part I, II, or III of this Act; but no application made under this section by a corporation controlled by, or under common control with, a common carrier subject to part I, II, or III of this Act, shall be denied because of the relationship between such corporation and such common carrier.
Page 4 - It shall be unlawful for any common carrier subject to the provisions of this part to make, give, or cause any undue or unreasonable preference or advantage to any particular person, company, firm, corporation, association, locality, port, port district, gateway, transit point, region, district, territory, or any particular description of traffic, in any respect whatsoever...
Page 11 - ... (4) It shall be unlawful for any person, except as provided in paragraph (2), to enter into any transaction within the scope of subparagraph (a) thereof, or to accomplish or effectuate, or to participate in accomplishing or effectuating, the control or management in a common interest of any two or more carriers, however...
Page 13 - ... controlling a freight forwarder from acquiring control of a carrier subject to parts I, II, or III of the act.
Page 13 - That the Commission may authorize persons to hold the position of officer or director in more than one such carrier, without regard to the requirements of this section, where it has found that one of the two or more...
Page 11 - It shall be lawful for two or more carriers by railroad, subject to this Act, to consolidate their properties or any part thereof, into one corporation for the ownership, management, and operation...
Page 4 - Section 20 (1) to (10), inclusive, of this part, Sections 204 (a) (1) and (2) and 220 of Part II, and Section 313 of Part III (which relate to reports, accounts, and so forth, of carriers), and Section 20a (2) to (11), inclusive, of this part, and Section 214 of Part II (which relate to issues of securities and assumptions of liability of carriers), including in each case the penalties applicable in the case of violations of such provisions.
Page 12 - Subject to section 310, a certificate shall be issued to any qualified applicant therefor, authorizing the whole or any part of the operations covered by the application, if it is found that the applicant is fit, willing, and able properly to perform the service proposed and to conform to the provisions of this...
Page 34 - While section 411 (a) (1) prohibits a freight forwarder, or any person controlling, controlled by, or under common control with a freight forwarder...

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