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The Interstate Commerce Commission (ICC) was a regulatory agency in the United States created by the Interstate Commerce Act of 1887.The agency's original purpose was to regulate railroads (and later trucking) to ensure fair rates, to eliminate rate discrimination, and to regulate other aspects of common carriers, including interstate bus lines and telephone companies.
MCCs are assigned either by merchant type (e.g., one for hotels, one for office supply stores, etc.) or by merchant name (e.g., 3000 for United Airlines [1]) and is assigned to a merchant by a credit card company when the business first starts accepting that card as a form of payment. [2]
The mission of the ICC is "to pursue an appropriate balance between the interest of consumers and existing and emerging service providers to ensure the provision of adequate, efficient, reliable, safe and least-cost public utility services." [1] The most visible part of this mission is the setting of rates and charges for service by public ...
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The Mann-Elkins Act of 1910 strengthened ICC authority over railroad rates and expanded its jurisdiction to include regulation of telephone, telegraph, and cable companies. [13] The Valuation Act of 1913 required the ICC to organize a Bureau of Valuation that would assess the value of railroad property. This information would be used to set ...
The National Motor Freight Classification (NMFC) is a North American voluntary standard that provides a comparison of commodities moving in interstate, intrastate and international commerce via freight shipment.
MC MC [28] 1949 1959 3A Morocco: F-D [28] 1929 1952 CN French colonial allocation Mozambique: CR-A [28] 1929 1975 C9 Portuguese colonial allocation CR-B [28] 1971 1975 New Zealand: ZM [28] 1929 1939 ZK, ZL, ZM Allocation later restored Newfoundland: VO [28] 1929 1939 CF British colonial allocation Nicaragua: YN [28] 1929 1936 AN Allocation ...
The International Code Council (ICC), also known as the Code Council, is an American nonprofit standards organization sponsored by the building trades, which was founded in 1994 through the merger of three regional model code organizations in the American construction industry. [1]