COUNCIL URGES ICC TO GIVE PRICE BREAK TO CONSUMERS

by Council on Wage and Price Stability on December 1, 1976
by Council on Wage and Price Stability

The Interstate Commerce Commission (ICC) should modify its regu1ations in order to lower the cost of household moves, according to the Council on Wage and Price Stability. In a filing before the ICC today, the Council urged the Commission to revise its rules and regulations affecting the estimates household movers give to consumers and modify its approach to ratemaking so as to allow price competition in the industry, thereby lowering costs to consumers.

The Council’s filing was made in response to a notice appearing in the September 3, 1976, issue of the Federal Register. Under the present ICC regulations, upon request a household mover must provide the consumer with an estimate of the total charge. However, this estimate is not binding on the carrier, since the final bill is determined by the ICC-regulated rate, which is based on the weight of the goods transported. Although ICC rules call for consumers to be made aware of this distinction, in the past considerable confusion has existed, and this has been a source of numerous consumer complaints.

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