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Transportation Act of 1958

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Title: Transportation Act of 1958  
Author: World Heritage Encyclopedia
Language: English
Subject: United States Department of Transportation
Publisher: World Heritage Encyclopedia

Transportation Act of 1958

The Transportation Act of 1958 (Pub.L. 85–625) attempted to reinvigorate the commercial railroads of the United States by granting the Interstate Commerce Commission money to loan to railroads and power to fix prices. Despite this, railroads were still having a difficult time remaining profitable, and asked to shed services, particularly passenger rail services.

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