Recognizing the Importance of the Staggers Rail Act to Consumers

The American Consumer Institute (ACI) president Steve Pociask today joined hundreds of other public policy experts in a letter to celebrate the 40th anniversary of the enactment of the Staggers Rail Act. The letter, addressed to the U.S. Surface Transportation Board and Congress states: “[The] Staggers Act established a visionary approach to regulation that sparked […]

Video: How Ending Price Regulation Benefitted Consumers

This month marks the 40th anniversary of the Staggers Act, a law that ended the regulation of railroad prices. The Staggers Act demonstrated four decades ago that deregulation, when done correctly, can provide huge benefits to the nation and to consumers in particular. Specifically, price deregulation led to a 44% long term reduction in rail […]

The Hill: Rail Deregulation 40 Years Ago: Staggering Success for Consumers Today

This month commemorates an important economic milestone for the nation — the 40th anniversary of the Staggers Act, which led to a 44 percent decrease in transportation costs and $10 billion in annual savings for consumers. If we have learned anything from this economic history, it is that the nation should never go back the dark days of excessive price […]

Morning Consult: Effort to Regulate Airline Fees Would Hurt American Flyers

Some politicians, it seems, have trouble learning the lessons of history. An effort is underway in the U.S. Senate to create strict government price controls on airlines, a return to the era when federal bureaucrats set airfares, selected domestic routes and regulated flight schedules, which resulted in artificially higher prices, stifled competition, and a massive […]

Daily Caller: Remember History And Keep The Rail Regulations DOWN!

The National Transportation Industrial League (NITL) just concluded its conference in Dallas to discuss U.S. transportation policies. Among the group’s highest priorities will be their efforts to “reform” economic regulation for our nation’s privately-owned freight railroads. Supporters of the organization and the Washington regulators they petition, however, should remember past precedent and consider that the […]

Daily Caller: The Return of Transporation Regulations Means Higher Costs for Consumers

This op-ed, published in the Daily Caller and written by Alan Daley, talks about the resurgence of railroad regulations.  Before the 1970s, rail was heavily regulated and going out of business.  The deregulation that followed led to huge productivity gains and precipitous drops in prices, benefiting shippers and consumers.  It looks like regulation is creeping […]

Lower Rail Regulations Lowered Consumer Prices; So Don’t Undo These Benefits

Maryland residents have benefitted dramatically from smart, balanced freight rail regulations. This has made goods cheaper, created jobs and helped major economic hubs like the Port of Baltimore thrive. As activity increases at Maryland’s ports, it is vital for the state’s economy and consumers that the right rules are in place that will help freight […]

ACI in Morning Consult: Smart Regulations Protect Consumers

Decades of overregulation nearly bankrupted the nation’s freight railroads during the 1970s by adding layers of costly red tape that raised prices for railroads and, ultimately, all American consumers. Significant regulatory reforms helped the industry bounce back, and consumer prices fell dramatically, as research has clearly shown. Regulators must remember this lesson as they consider […]

ConsumerGram: Reregulating Railroads is the Wrong Track for Consumers

Today, the American Consumer Institute Center for Citizen Research announces the release of its newest ConsumerGram, outlining the importance of freight rail and how reregulating the industry would be detrimental to American consumers. Prior to 1980, the financial viability of the rail industry was threatened by overly-burdensome regulations that drove-up operating costs and increased the […]

ACI Letter to Senator Thune on STELA Reauthorization: Let’s First Have Comprehensive Reform

On June 7, 2014, The American Consumer Institute Center for Citizen Research submitted a letter to Senator Thune regarding the upcoming STELA reauthorization.  The text of the bill is as follows: ________________________________________________________   July 7, 2014 The Honorable John Thune United States Senate SD-511 Washington, DC 20510 Dear Senator Thune: As you consider STELA reauthorization, the American […]