Before the Interstate Commerce Commission: Investigation and Suspension Southern Motor Carriers Rate Conference, Inc. Verified Statement of Milton Kafoglis

by Milton Kafoglis on July 5, 1978
by Milton Kafoglis

My name is Milton Kafoglis. I am a Senior Economist on the staff of the Council on Wage and Price Stability. A
resume of my qualifications is attached to this Statement. The Interstate Commerce Commission, in initiating this investigation into the lawfulness of rates of motor carriers of general freight, has requested co~~ents concerning the considerations that should govern the establishment of the level of rates. I direct my comments to the general issue first and then to specific questions raised by the Commission, particularly those relating to the determination of financial
need and the factors to be evaluated in determining whether to allow carriers to pass through cost increases.

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