Rates

United States Code

Section: 40701

Jurisdiction: US

Bluebook Citation: 46 U.S.C. § 40701

maintain a rate or charge in a tariff or service contract, or charge or assess a rate, that is below a just and reasonable level; or establish, maintain, or enforce in a tariff or service contract a classification, rule, or regulation that results, or is likely to result, in the carriage or handling of cargo at a rate or charge that is below a just and reasonable level. The Federal Maritime Commission, at any time after notice and opportunity for a hearing, may prohibit the publication or use of a rate, charge, classification, rule, or regulation that a controlled carrier has failed to demonstrate is just and reasonable. In a proceeding under this section, the burden of proof is on the controlled carrier to demonstrate that its rate, charge, classification, rule, or regulation is just and reasonable. A rate, charge, classification, rule, or regulation that has been suspended or prohibited by the Commission is void and its use is unlawful. A controlled carrier may not— (Source: (Pub. L. 109–304, § 7, Oct. 6, 2006, 120 Stat. 1535.))

Chat with this statute using AI

Ask CiteLaw's AI Navigator anything about this statute, verify citations, and research related authorities. Sign up for CiteLaw free today to get started.